We analyze price transparency in a dynamic market with private information and interdependent values. Uninformed buyers …

We analyze price transparency in a dynamic market with private information and correlated values. Uninformed buyers …

Transparency has become a catchword and in the economic-political debate is often seen as a universal remedy for all … sorts of problems. In this paper, we analyze and discuss the meaning and use of the concept of transparency in economic … research. We look for common denominators across different areas where the concept is used, and find that transparency in …

type can substitute deductibles for consumers whose transparency aversion is sufficiently low. This can lead to a Pareto …-subsidizing contracts, the introduction of a transparency contract decreases or even eliminates cross-subsidies. Given the prior existence …

information, this study analyzes the effect of the blockchain's public transparency paradigm on behavioral patterns and market …