Case Studies What are the microeconomic effects of minimum wage laws?

Another area of my research seeks to reduce informational and administrative ... I am currently teaching Microeconomics (Econ 300), The Economics of ... I am a microeconomic theorist, interested in information economics, mechanism design and market design. Stanford University Graduate School of Business We establish an informative equilibrium, where both the agenda setter and the voters behave strategically, and information is transmitted from the voters to the ... Oct 16, 2023 ... ... informational asymmetries, uncertainty, consumer purchase of health ... These features and their consequences are studied using microeconomics ... game theory and strategic decision-making. Provide students with a deeper knowledge in information economics and informational issues, as well as topics related ... 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) They receive the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2001, “for their analyses of markets with asymmetric information”. Jan 15, 2013 ... This is an important result. 1.2 Asymmetric information and the revelation principle. Consider now the situation in which only the buyer knows ... Market Panics, Frenzies, and Informational Efficiency: Theory and Experiment. Chad Kendall. American Economic Journal: Microeconomics. vol. 12, no. 3, August ... (2023). Optimal Task Scheduling under Adverse Selection and Hidden Actions. American Economic Journal: Microeconomics, 15(2), 660-698. ... Informational Rents and ...