Simultaneous Equilibrium in All Markets What is Walras' Law?

Yishu Zeng is an assistant professor in the Department of Economics at York University. Her research interests focus on microeconomic theory, information ... Reaping the Informational Surplus in Bayesian Persuasion by ... Published in volume 14, issue 4, pages 296-317 of American Economic Journal: Microeconomics ... Search costs refer to the time, effort, and resources expended by individuals or firms in the process of gathering information and finding the best available ... game theory and strategic decision-making. Provide students with a deeper knowledge in information economics and informational issues, as well as topics related ... (2015): “Selling cookies,” American economic journal: Microeconomics, 7, 259–94. Bergemann, D., and S. Morris. (2016): “Bayes correlated equilibrium and the ... Asymmetric information occurs when one party to an economic transaction possesses greater material knowledge than the other party. BUS 2304 Microeconomics. Credit Hours: 3. Introduces the neoclassical ... informational asymmetries. (SS) Prerequisite: MTH 0111 or MTH 1011 or MTH ... Caleb A. Cox & Brock Stoddard, 2021. "Common-Value Public Goods and Informational Social Dilemmas," American Economic Journal: Microeconomics, American Economic ... Oct 16, 2023 ... ... informational asymmetries, uncertainty, consumer purchase of health ... These features and their consequences are studied using microeconomics ... Microeconomics. Lecturer: several lecturers. Begin: 18.10.2023. Time ... Informational Economics (Day 8) a) Hidden Information Problem (screening ...