Some Notes and Comments on the Efficient use of Information in Repeated Games with Poisson Signals


Autoria(s): Osório, António (António Miguel)
Contribuinte(s)

Universitat Rovira i Virgili. Departament d'Economia

Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública

Data(s)

2015

Resumo

In the present paper we characterize the optimal use of Poisson signals to establish incentives in the "bad" and "good" news models of Abreu et al. [1]. In the former, for small time intervals the signals' quality is high and we observe a "selective" use of information; otherwise there is a "mass" use. In the latter, for small time intervals the signals' quality is low and we observe a "fine" use of information; otherwise there is a "non-selective" use. JEL: C73, D82, D86. KEYWORDS: Repeated Games, Frequent Monitoring, Public Monitoring, Infor- mation Characteristics.

Formato

13 p.

Identificador

http://hdl.handle.net/2072/249233

Idioma(s)

eng

Publicador

Universitat Rovira i Virgili. Departament d'Economia

Relação

Documents de treball del Departament d'Economia;2015-14

Direitos

info:eu-repo/semantics/openAccess

L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/

Fonte

RECERCAT (Dipòsit de la Recerca de Catalunya)

Palavras-Chave #Teoria de jocs #Informació, Teoria de la #Contractes -- Aspectes econòmics #33 - Economia
Tipo

info:eu-repo/semantics/workingPaper