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We consider software developers who can either work on an open sourceproject or on a closed source project. The former provides a publiclyavailable signal about their talent, whereas the latter provides asignal only observed by their employer. We show that a talented employeemay initially prefer...
Persistent link: https://www.econbiz.de/10009435145
Conventional (single-prior) Bayesian games of incomplete information are limited in their ability to capture the extent of informational asymmetry. In particular, they are not capable of representing complete ignorance of an uninformed player about an unknown parameter of the environment. Using...
Persistent link: https://www.econbiz.de/10009484158