Showing 1 - 10 of 646,364
Persistent link: https://www.econbiz.de/10003712719
"The foundations of incomplete contracts have been questioned using or extending the subgame perfect implementation approach of Moore and Repullo (1988). We consider the robustness of subgame perfect implementation to the introduction of small amounts of asymmetric information. We show that...
Persistent link: https://www.econbiz.de/10003862277
Persistent link: https://www.econbiz.de/10009689387
The foundations of incomplete contracts have been questioned using or extending the subgame perfect implementation approach of Moore and Repullo (1988). We consider the robustness of subgame perfect implementation to the introduction of small amounts of asymmetric information. We show that...
Persistent link: https://www.econbiz.de/10013157916
The theory of incomplete contracts has been recently questioned using or extending the subgame perfect implementation …
Persistent link: https://www.econbiz.de/10014221217
Persistent link: https://www.econbiz.de/10003305022
Persistent link: https://www.econbiz.de/10003812133
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication in persuasion games, i.e., games with an informed expert and an uninformed decisionmaker in which the expert's information is certifiable. The first equilibrium...
Persistent link: https://www.econbiz.de/10003301085
Persistent link: https://www.econbiz.de/10001711891
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication in persuasion games, i.e., games with an informed expert and an uninformed decisionmaker in which the expert's information is certifiable. The first equilibrium...
Persistent link: https://www.econbiz.de/10012778541