We present evidence that complex disclosure can result from the strategic incentives to shroud information. We implement an experiment where senders are required to report their private information truthfully but can choose how complex to make their reports. We find that senders use complex...

What are the implications on trading activity if investors are not sophisticated enough to understand and evaluate trades that have a complex payoff structure? Can frictions generated by this type of financial complexity be so severe that they lead to a complete market freeze, like that of the...

The present paper motivates the study of mind change complexity for learning minimal models of length-bounded logic programs. It establishes ordinal mind change complexity bounds for learnability of these classes both from positive facts and from positive and negative facts.Building on Angluin's...

I depict civil society as a complex and adaptive phenomenon. Individuals and groups within civil society interact with each other to achieve mutually agreeable outcomes, and this gives rise to identifiable spontaneous orders of economic, communal and political relationships. Civil society is not...

This paper contains some new aspects on harmonic analysis on finite Heisenberg groups. We figure out the dual and compile further results – Whereat we do not restrict us to finite fields nor to finite local rings. We give an outlook including interesting nilpotent groups of class 3. The...

We present evidence that complex disclosure can result from the strategic incentives to shroud information. We implement an experiment where senders are required to report their private information truthfully but can choose how complex to make their reports. We find that senders use complex...

A common organizational response to the recognition of complexity is the consolidation of collaborative work forms. In the oil and gas industry, developments in communication and automation technologies have enabled the implementation of collaborative environments called integrated operations...