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Research, Development, and Information Sharing.
Sasaki, D. - Department of Economics, Faculty of Business and Economics - 1999
the fiels of industrial economics. This chapter is devoted to the strategic role of information in oligopoly, and more …
Persistent link: https://www.econbiz.de/10005750767
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Signalling Aspects of Managers' Incentives.
Labory, S - Department of Economics, European University Institute - 1997
monopoly and a duopoly. Explicit and implicit incentives in the presence of asymmetric information are shown to induce managers …
Persistent link: https://www.econbiz.de/10005697755
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VALUING OTHERS’ INFORMATION UNDER IMPERFECT EXPECTATIONS
Lindstädt, Hagen - Institut für Angewandte Betriebswirtschaftslehre, … - 2007
Sometimes we believe that others receive harmful information.However, Marschak’s value of information framework … information’s harmfulnessfor oneself. The impact of decision makers’ capabilities to processinformation and of their expectations … maker as a point of reference, this paperintroduces a way for evaluating others’ information from a cross …
Persistent link: https://www.econbiz.de/10009005043
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Asymetrie de l'information, interdependance des choix, et reduction de la dette des pays en developpement.
Ory, J.N. - Centre Européen de Recherche en Économie Financière … - 1998
Cet article a pour objectif d'apporter un nouvel eclerage theorique a la question de la reduction de la dette des pays en developpement, et de discuter de l'efficacite de cette strategie dans un cadre de mache. Le modele developpe ici se distingue des modeles fondateurs car il tient compte de...
Persistent link: https://www.econbiz.de/10005474919
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Information, evolution and utility
Swinkels, Jeroen M.; Samuelson, Larry - In: Theoretical Economics 1 (2006) 1, pp. 119-142
Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities often depend on the presence of salient unchosen alternatives. Our focus is to understand <i>why</i> an evolutionary process might optimally lead to such seemingly dysfunctional features...
Persistent link: https://www.econbiz.de/10011599367
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Interactive Unawareness and Speculative Trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2003
The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and … standard information structures with strong properties of knowledge. …
Persistent link: https://www.econbiz.de/10010263088
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Unawareness, Beliefs and Games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2007
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...
Persistent link: https://www.econbiz.de/10010276586
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Unawareness, beliefs and games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2007
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...
Persistent link: https://www.econbiz.de/10010276636
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Unawareness, beliefs and games
Heifetz, Aviad (contributor); Meier, Martin (contributor);  … - 2007
-agreeing-to-disagree" theorem. -- unawareness ; type-space ; Bayesian games ; incomplete information ; equilibrium ; common prior ; agreement …
Persistent link: https://www.econbiz.de/10003728030
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Unawareness, beliefs and speculative trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard - 2009
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for potential applications of asymmetric unawareness. We compare unawareness with probability zero belief. Applying our unawareness belief structures, we show that the...
Persistent link: https://www.econbiz.de/10003894997