The literature analyzing games where some players have private information about their "types" is usually based on the … profiles of quality over time which are their private information. We apply this idea to analyze a financing-investment game … where firms' insiders have private information about the firm's profit profile over time. If transporting cash between …

information about the firm’s expected earnings. When private information is one-dimensional (for example when short-term earnings … are common knowledge while long-term earnings are private information) a separating equilibrium does not exist. When … private information is two-dimensional a separating equilibrium may exist where firms with a higher rate of earnings growth …

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 …

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 …