Property Rights, Rule of Law What are the microeconomic impacts of globalization on developing economies?

Each student acts as a monopolist and chooses the number of (costly) advertisements and price. The experiments are intended for intermediate microeconomics or ... Oct 1, 2024 ... To learn more about our program, please watch the informational session we held with Professer and Chairperson, Dr. ... microeconomics; and one ... Reaping the Informational Surplus in Bayesian Persuasion by ... Published in volume 14, issue 4, pages 296-317 of American Economic Journal: Microeconomics ... Externalities, Pigouvian taxes; Public goods, preference revelation mechanisms; Uncertainty; Asymmetric information, principal-agent (contract) theory; Auction ... Microeconomics. Lecturer: several lecturers. Begin: 18.10.2023. Time ... Informational Economics (Day 8) a) Hidden Information Problem (screening ... Microeconomic Theory. Economic theory of the behavior of individuals, households, firms, and markets. Roles of relative prices and information, with a focus on ... Informative advertising is a type of advertising that provides consumers with factual, objective information about a product or service, rather than attempting ... Abstract. This paper is an expository introduction to several topics of current research in the general equilibrium theory of rational expectations. More ... 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 ... 1. For an office copying machine a firm is more likely to use - informational advertising that emphasizes the features of its product.