investigate this question in case that the individual probability functions are based on different information sets. Under … any overlaps between different persons' information sets. The solutions are derived from an axiomatic system that models … parameter-free, and that they incorporate each individual's information although the individuals need not communicate their …

degrees. When the decision maker consults only a single expert, the expert withholds substantial information from the decision …

dedicated to information gathering, either in rural or wholesale urban markets or to transport negotiation. Paid per unit … product. As it is the case in many other countries, information provided by MIS is of little help to Senegalese market … gardeners. The updated and more targeted access to information through MANOBI services allows producers to improve their …

through partial information revelation (a `strategic' effect). We characterize the optimal initial contract, as a function of … separation or strategic, partial, information revelation. Last, institutional rules imposing immediate payments to the firm help …

risk preference are a bank's private information. We show that ex ante constraints waste the superior risk information of a …

. On one hand, the pooling of information within bidding rings increases the precision of competing estimates. We … information is distributed. The experimental results are consistent with our theoretical predictions for different value and …