Characteristics of Ideal Competition What are the assumptions of perfect competition?

Each student acts as a monopolist and chooses the number of (costly) advertisements and price. The experiments are intended for intermediate microeconomics or ... 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) disclosure statement(s) or to comment in the online discussion forum. Page 2. 76. AMERICAN ECONOMIC JOURNAL: MICROECONOMICS. NOVEMBER 2020. Second ... We establish an informative equilibrium, where both the agenda setter and the voters behave strategically, and information is transmitted from the voters to the ... AMERICAN ECONOMIC JOURNAL: MICROECONOMICS. NOVEMBER 2019 states, as well as their beliefs about the information of their opponents. Mechanism design takes ... In the second essay, The Extensive Margin of Bayesian Persuasion, I study the persuasion of a receiver who accesses information only if she exerts attention ... Nov 20, 2024 ... Results indicate that the workers in this treatment group use the provided information to correct not only their beliefs about the wages of ... (2015): “Selling cookies,” American economic journal: Microeconomics, 7, 259–94. Bergemann, D., and S. Morris. (2016): “Bayes correlated equilibrium and the ... Section 5 describes, in more detail, two applications of infor- mation design with a microeconomic and macroeconomic perspective, respectively: limits of price ... Published in volume 15, issue 2, pages 660-98 of American Economic Journal: Microeconomics ... We show that, despite informational constraints, a simple index—a ...