Responsiveness to Other Prices What are the different types of cross-price elasticity of demand?

... of American Economic Journal: Microeconomics, May 2021, Abstract: We experimentally examine private information and communication in a public goods environmen.. The paper focuses its attention on an analysis of the Digital Economy and its industrial object – information, particularly through the discussion of social ... Introduction to advanced microeconomic theory. Topics include consumer theory, theory of the firm, general equilibrium, uncertainty, game theory, and ... Furthermore, we think they might be surprised to learn that Friedrich Hayek and the neoliberals have been important in framing inquiry into the information ... Elements of the economics of information. Learning outcome. Knowledge outcomes: The students must be acquainted with the basics of microeconomic analysis ... Section 5 describes, in more detail, two applications of infor- mation design with a microeconomic and macroeconomic perspective, respectively: limits of price ... Econ 103 – Principles of Microeconomics · Econ 301 – Intermediate Microeconomics · Econ 210 – Economic Statistics · Highly recommended: Money and banking (325), ... Asymmetric information occurs when one party to an economic transaction possesses greater material knowledge than the other party. Dec 1, 2010 ... When buyers and sellers have asymmetric information about market transactions, the trades that are transacted are likely to be a subset of the ... I am a microeconomic theorist, interested in information economics, mechanism design and market design. Stanford University Graduate School of Business