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  • Search: subject:"Optimality of waiting option"
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Optimality of waiting option 1 Positive and Negative Penguin effect 1 Strategic imitation and deviation 1
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English 1
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Yoon, Young-ro 1
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Econometric Society 1
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Econometric Society 2004 Far Eastern Meetings 1
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Strategic Behavior, Truthfulness and Welfare of Waiting Option in the Duopoly Forecasting Announcement Market
Yoon, Young-ro - Econometric Society - 2004
In this paper, we discuss the possibility of strategic behavior and truthful reporting in a two players' announcement game when there is a cost for getting information. First we show that the best strategy of each player is to announce the observed signal truthfully if the announcement is made...
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