Conflicts of Interest How do information frictions affect the behavior of economic agents?

Jun 6, 2011 ... ... informational cost. Keywords: coordination game, endogenous and ... Microeconomics: Asymmetric & Private Information eJournal · Follow ... Asymmetric information occurs when one party to an economic transaction possesses greater material knowledge than the other party. Majors: Accounting, Accounting and Information Systems, Economics, Finance, Management, Management & Information Systems, Marketing. ... One microeconomics course ... The sellers know the quality of their car but suppose that the buyers can't tell which used cars are lemons and which are plums. Since the sellers have more ... ▫ Principles of Microeconomics deals with the principles of economics that ... Candidate scores that have been released to colleges may be used for educational ... Gwinnett Tech offers more than 140 associate degree, diploma and certificates programs to fit your needs, as well as your educational and career goals. In the undergraduate program, you will first take foundational courses in microeconomics, macroeconomics, and mathematics. We establish an informative equilibrium, where both the agenda setter and the voters behave strategically, and information is transmitted from the voters to the ... 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 ... Externalities, Pigouvian taxes; Public goods, preference revelation mechanisms; Uncertainty; Asymmetric information, principal-agent (contract) theory; Auction ...