to collect, process, and share information about their own status and about their environment, has attained a high degree … information asymmetries concerning individual risk this has positive efficiency effects. Simultaneously with the improvement of … gain relevance. The comprehensiveness of collected pieces of information which can be stored arbitrarily long and …

ökonomischen Agenten. Auktionen enthüllen private Information indem sie Wettbewerb zwischen Agenten erzeugen. Wenn sie günstig … gestaltet werden, dann nutzen sie die enthüllte private Information zur Erfüllung bestimmter Ziele, wie z.B. Gewinnmaximierung … private information, they provide a means of revealing part of that information by inducing competition between agents. If …

This paper provides theory and evidence examining the importance of information transfers in international trade …. Information is modeled as an endogenous fixed cost of trade that enters as input into market-specific product appeal. Differences … in bilateral communication costs, information intensities across traded goods and market potentials across foreign …

the light of agency theory and asymmetric information. The focus is on the nonconvertible callable-puttable fixed … issues and asymmetric information. A sample of (159) securities issued over the period (1977-2005) are examined using Merton … insurance against the asymmetric information about the firm's downside risk. Specifically, the effects of asset substitution are …

. This work presents one of the first studies of algorithmic trading and its impact on information and liquidity in equity …

estimate, summary information on a base June 1982 capital cost, details of the escalated capital cost estimate and separate … sections devoted to preoperations, start-up, and operations cost. The base estimate is supported by detailed information in …

supplies often determined by the local provision of business information. Consequently, an increasing research effort has …