An informed advisor wishes to convey her valuable information to an uninformed decision
maker with identical preferences. Thus she has a current incentive to truthfully reveal her …

Each player in an infinite population interacts strategically with a finite subset of that population.
Suppose each player's binary choice in each period is a best response to the population …

What are the welfare effects of enhanced dissemination of public information through the media
and disclosures by market participants with high public visibility? We examine the impact …

An important question in political economy concerns the form of transfers to special interests.
The Chicago view is that political competition leads politicians to make such transfers …

Global games are games of incomplete information whose type space is determined by the
players each observing a noisy signal of the underlying state. With strategic …

Background Multiparametric magnetic resonance imaging (MRI), with or without targeted
biopsy, is an alternative to standard transrectal ultrasonography–guided biopsy for prostate-…

Why is (it that) common priors are implicit or explicit in the vast majority of the differential
information literature in economics and game theory? Why has the economic community been …

We analyze the welfare consequences of a monopolist having additional information about
consumers' tastes, beyond the prior distribution; the additional information can be used to …

The amendment of two agricultural soils with two biochars derived from the slow pyrolysis of
papermill waste was assessed in a glasshouse study. Characterisation of both biochars …

Even though self-fulfilling currency attacks lead to multiple equilibria when fundamentals are
common knowledge, we demonstrate the uniqueness of equilibrium when speculators face …