This note extends Wiseman [6] to more general reputation games with exogenous learning. Using Gossner's [4] relative entropy method, we provide an explicit lower bound on all Nash equilibrium payoffs of the long-lived player. The lower bound shows that when the exogenous signals are sufficiently...

This paper studies the reputation effect in which a long-lived player faces a sequence of uninformed short-lived players and the uninformed players receive informative but noisy exogenous signals about the type of the long-lived player. We provide an explicit lower bound on all Nash equilibrium...

The third and final study examines the causal relationship between uncertainty about macroeconomic fundamentals and return volatility. The underlying question is: does higher return volatility result in higher uncertainty in beliefs amongst analysts, or the other way around? Using daily data on...

In this paper, synthetic aperture radar (SAR) data from ENVISAT ASAR ascending, descending and ALOS PALSAR ascending orbits are collected to investigate the coseismic displacements of the Mw 6.4 earthquake occurred in Gaize, Tibet on January 9, 2008 and the Mw 5.9 aftershock on January 16, 2008....

Differential interferometric synthetic aperture radar (D-InSAR) has been viewed as a promising technique in monitoring sudden geo-hazards (e.g., earthquake and landslide) in mountainous areas. However, the tough natural settings (e.g., steep slopes and vegetation) pose the D-InSAR technique to...