Showing 1 - 10 of 78
We develop a model of deliberation under heterogeneous beliefs and incomplete information, and use it to explore questions concerning the aggregation of distributed information and the consequences of social integration. We show that when priors are correlated, all private information is...
Persistent link: https://www.econbiz.de/10010599059
Persistent link: https://www.econbiz.de/10011791213
Persistent link: https://www.econbiz.de/10001739664
Persistent link: https://www.econbiz.de/10011574884
Persistent link: https://www.econbiz.de/10011628004
Persistent link: https://www.econbiz.de/10012317270
Persistent link: https://www.econbiz.de/10012815450
Abstract We analyze the subgame-perfect equilibria of a game where two agents bargain in order to share the risk in their assets that will pay dividends once at some fixed date. The uncertainty about the size of the dividends is resolved gradually by the payment date and each agent has his own...
Persistent link: https://www.econbiz.de/10014589009
Persistent link: https://www.econbiz.de/10012086674
Persistent link: https://www.econbiz.de/10005408890