framework, the feasible set of actions depends on the signal and the information system. As we indicate such a framework has …

Legal process involves both information gathering and decisionmaking components. The field of legal procedure defines …

'. One might think that a `small' risk-neutral trader wishes to act immediately upon any private information he possesses. I … information restore the intuition that one should trade with all due dispatch. …

competitive market maker faces n risk neutral traders with unit demands or suppliers. It is private information whether any given …

herding occurs as a result of people observing the actions of others and using this information in their own decision rule. …

", try to induce the agent to gather or not information. We study the tradeoffs that are involved. …