We provide a theoretical rationale for dealer objections to ex post transparency in over-the-counter markets. Disclosure of the terms of a transaction conveys information possessed by the dealer about the asset quality and reduces the dealer's rents when s ...
Neuronal morphology, long-distance transport and signalling critically depend on the organization of microtubules in the cytoskeleton. Second harmonic generation (SHG) imaging has been recognized as a potentially powerful tool for in situ label-free neuroi ...
Research on Web credibility assessment can significantly benefit from new models that are better suited for evaluation and study of adversary strategies. Currently employed models lack several important aspects, such as the explicit modeling of Web content ...
Communication is fundamental to life on earth. All social organisms, from bacteria to humans, use communicative signals to coordinate their behaviors with members of their own and other species. Despite its key role in social organization, many questions r ...
We develop a dynamic model of corporate investment and financing decisions in which corporate insiders have superior information about the firm's growth prospects. We show that firms with positive private information can credibly signal their type to outsi ...
We solve for the equilibrium dynamics of Information sharing in a large population Each agent is endowed with signals regarding the likely outcome of a random variable of common concern Individuals choose the effort with which they search for others from w ...
