Assumptions and Limitations

... of American Economic Journal: Microeconomics, May 2021, Abstract: We experimentally examine private information and communication in a public goods environmen.. Yishu Zeng is an assistant professor in the Department of Economics at York University. Her research interests focus on microeconomic theory, information ... AP Biology; AP Calculus AB; AP Calculus BC; AP Chemistry; AP Microeconomics; AP Physics: Electricity and Magnetism; AP Physics: Mechanics; AP Statistics. The ... Asymmetric information occurs when one economic agent has more knowledge about an economic transaction than the other. For example, if a car salesman knows more ... More Info, Luciano Pomatto (CalTech) The Cost of Information: The Case of Constant Marginal Costs. 02/27/2023. More Info, Eran Shmaya (SUNY -Stony Brook) (JEL D82, D83). Page 2. 222. AMErIcAN EcoNoMIc JourNAL: MIcroEcoNoMIcS. NovEMBEr 2010 occurs. Each person imitates others' behavior and ignores her own ... Nov 20, 2024 ... We study competition between heterogeneously informed insurers, showing that their information may or may not be revealed in equilibrium. Information can be import- ant for markets to function properly, and this result suggests that voluntary disclosure. Page 2. 142. AMERICAN ECONOMIC JOURNAL: ... Published in volume 15, issue 2, pages 660-98 of American Economic Journal: Microeconomics ... We show that, despite informational constraints, a simple index—a ... Informative advertising is a type of advertising that provides consumers with factual, objective information about a product or service, rather than attempting ...