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The social value of public information with convex costs of information acquisition

Ui, Takashi - In: Economics Letters 125 (2014) 2, pp. 249-252

In a beauty contest framework, welfare can decrease with public information if the precision of private information is exogenous, whereas welfare necessarily increases with public information if the precision is endogenous with linear costs of information acquisition. The purpose of this paper...

Persistent link: https://www.econbiz.de/10011076552

Different notions of disappointment aversion

Grant, Simon; Kajii, Atsushi; Polak, Ben - In: Economics Letters 70 (2001) 2, pp. 203-208

Persistent link: https://www.econbiz.de/10005355500

The epsilon-Gini-contamination multiple priors model admits a linear-mean-standard-deviation utility representation

Grant, Simon; Kajii, Atsushi - In: Economics Letters 95 (2007) 1, pp. 39-47

Persistent link: https://www.econbiz.de/10005159113

Note on equilibria without ordered preferences in topological vector spaces

Kajii, Atsushi - In: Economics Letters 27 (1988) 1, pp. 1-4

Persistent link: https://www.econbiz.de/10005296764

"Third down with a yard to go": recursive expected utility and the Dixit-Skeath conundrum

Grant, Simon; Kajii, Atsushi; Polak, Ben - In: Economics Letters 73 (2001) 3, pp. 275-286

Persistent link: https://www.econbiz.de/10005307414