Effort levels in a Cournot Nash contest with asymetric information

Article Abstract:

The average probability of success of a player in a Cournot Nash contest tends to be low in a situation in which the uninformed player's effort is treated as an uncertain input. Such situation suggests that the player is not knowledgeable with regards to who is the ex post favorite or underdog. When a player regard his effort as a risky input, changes in the belief and relative ability of an uninformed player tends be influential in his effort.

Author: Shogren, Jason F., Hurley, Terrance M.
Research and Development in the Physical, Engineering, and Life Sciences, Mathematics, Game theory, Asynchronous communications, Asynchronous transfer mode

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The role of social security in an economy with asymmetric information and financial intermediaries

Article Abstract:

Research investigating the benefits and detriments brought to individuals by a social security system in an economy characterized by financial intermediaries and asymmetric information. Particular attention is given to ways of reaching the levels of optimal stock and dynamic financial efficiency.

Author: Siconolfi, Paolo, Reichlin, Pietro
Social security

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Information aggregation in debate: who should speak first?

Article Abstract:

Research is presented describing the study of speaking order in committee situations by experts and the correlation between speech order, seniority and yielding information.

Author: Ottaviani, Marco, Sorensen, Peter
Forums (Discussion and debate), Discussion

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Subjects list: Research
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