Results 51 to 60 of about 1,256 (145)
A note on observational equivalence of micro assumptions on macro level
The author set up a simplistic agent-based model where agents learn with reinforcement observing an incomplete set of variables. The model is employed to generate an artificial dataset that is used to estimate standard macro econometric models.
Ponomarenko Alexey A.
doaj +1 more source
Efficient investment, search, and sorting in matching markets
We study markets where heterogeneous agents first make investment decisions and then engage in a costly search to form productive matches. The trading process is a random search and bargaining with explicit search costs. Despite potential hold‐up and matching problems, we prove that the constrained efficient allocation is an equilibrium: the agents ...
Alp Atakan, Michael Richter, Matan Tsur
wiley +1 more source
How to segment a search market: Information design and directed search
This paper examines when the public provision of information in search markets improves welfare. I consider a two‐sided frictional search market in which buyers match with vertically differentiated sellers. The market is segmented into submarkets based on seller types.
Teddy Mekonnen
wiley +1 more source
Strategic disclosure in networks
I study strategic transmission of verifiable information through intermediaries, and find that equilibrium full disclosure requires that all players are biased in the same direction relative to the decision maker. By embedding this strategic disclosure game into networks, I explore the intersection of information transmission in networks and strategic ...
Francesco Squintani
wiley +1 more source
Knowing Means Existing: Organizational Learning Dimensions and Knowledge Management Capability
Background: Many studies have considered knowledge as the most important strategic resource for ensuring firm’s competitiveness. Accordingly, learning is an important concept for firms whether it is individual or organizational learning.
Turulja Lejla, Bajgorić Nijaz
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Using small‐angle neutron scattering (SANS) with deuterated lipid substitution and contrast variation, this work examines the core–shell structure of KC2 lipid nanoparticles, their water content and exchange properties, structural changes during heating and acidification, and compositional distribution and phase complexity via invariant analysis. These
Haikun Liu +12 more
wiley +1 more source
We develop a model of non‐Bayesian decision‐making in which an agent obtains a signal about a relevant economic fundamental and subsequently takes an action. To interpret the signal, the agent calibrates a simple prediction rule based on a data set that consists of previous signals and state realizations.
Yair Antler, Benjamin Bachi
wiley +1 more source
Sticky prices or sticky information?
Article originally published in the volume 60 issue 241 of Banca Nazionale del Lavoro Quarterly Review (also known as BNL Quarterly Review). JEL Codes: D83, E12, E31, E52
Alessio Moro
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In the classical Bayesian persuasion model, an informed player and an uninformed one engage in a static interaction. This work extends this classical model to a dynamic setting where the state of nature evolves according to a Markovian law, allowing for a more realistic representation of real‐world situations where the state of nature evolves over time.
Ehud Lehrer, Dimitry Shaiderman
wiley +1 more source
Strategic Ignorance: The Paradigm of Unveiling the Hidden Motives Behind Managerial Blind Spots
The prevailing idea is that decision makers tend to have access to information as much as possible and consider all information related to a subject for their decisions.
Abedin Bahareh +2 more
doaj +1 more source

