Government Spending What are the microeconomic principles of efficient taxation?

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 ... Section 5 describes, in more detail, two applications of infor- mation design with a microeconomic and macroeconomic perspective, respectively: limits of price ... (JEL D82, D83). Page 2. 222. AMErIcAN EcoNoMIc JourNAL: MIcroEcoNoMIcS. NovEMBEr 2010 occurs. Each person imitates others' behavior and ignores her own ... Microeconomics: Information. Choice Paralysis (9/2/2005) Too many choices might lead to decision paralysis due to information overload. Crystal Ball (6/22 ... Reaping the Informational Surplus in Bayesian Persuasion by ... Published in volume 14, issue 4, pages 296-317 of American Economic Journal: Microeconomics ... I am a microeconomic theorist, interested in information economics, mechanism design and market design. Stanford University Graduate School of Business The most common assumption in the literature is that agents have full information over the deterministic features of the problem and that they have rational ... 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 ... Published in volume 15, issue 2, pages 660-98 of American Economic Journal: Microeconomics ... We show that, despite informational constraints, a simple index—a ...