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A theoretical model is developed to explain the economics of determining price slides for feeder cattle. The contract is viewed as a dynamic game with continuous strategies where the buyer and seller are the players. The model provides a solution for the
B. Wade Brorsen +3 more
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Making Corruption Harder: Asymmetric Information, Collusion, and Crime
We model criminal investigation as a principal-agent-monitor problem in which the agent can bribe the monitor to destroy evidence. Building on insights from Laffont and Martimort’s 1997 paper, we study whether the principal can profitably introduce ...
Juan Ortner, Sylvain Chassang
semanticscholar +1 more source
Signaling equilibria for dynamic LQG games with asymmetric information [PDF]
We consider a finite horizon dynamic game with two players who observe their types privately and take actions, which are publicly observed. Players' types evolve as independent, controlled linear Gaussian processes and players incur quadratic ...
Deepanshu Vasal, A. Anastasopoulos
semanticscholar +1 more source
Project management in the construction sector is a complex and uncertain process and companies tend to look for the lowest value in the procurement of services and materials. However, contractors do not share the necessary information with the contracted
António Marinho +2 more
doaj +1 more source
Major animal epidemics can significantly disrupt the pork market. Understanding how consumer network attention, triggered by these epidemics, impacts pork price fluctuations is of great significance for maintaining market stability and ensuring food ...
Xia Li, Xia Li, Jing Ji
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Higher Education: Reputational Effects, Distorted Signaling and Propitious Selection [PDF]
In the paper the authors attempt to underpin the hypothesis that under certain conditions a propitious selection may take place on the higher education market.
Elena V. Savitskaya +1 more
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The role and significance of management in insurance
The conditions in which insurance organizations operate now in the Republic of Croatia are significantly altered compared to a few years ago. Changes in the economic system, which are still pending, alter the terms of the business of insurance ...
Luka Stanić, Jerko Glavaš
doaj
INFORMATION ASYMMETRY THEORY IN CORPORATE GOVERNANCE SYSTEMS [PDF]
The evolution of corporate ownership structure, in particular the resolution of asymmetric information among stockholders, managers and creditors, requires very complex research.
Otgon Cristian +2 more
doaj
Endogenous growth, economic fluctuations and capital accumulation: 445-461
The work aims to remedy the shortcomings of previous growth models by examining imperfect information and financial constraints in a New Keynesian setting.
M. GALLEGATI
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Crescita endogena, fluttuazioni cicliche e accumulazione del capitale
The work aims to remedy the shortcomings of previous growth models by examining imperfect information and financial constraints in a New Keynesian setting.
M. GALLEGATI
doaj +1 more source

