optimally operates a base-stock inventory policy. The subsequent two models consider a duopoly where the potential market for a … comparative statics in all models. [ABSTRACT FROM AUTHOR] …

This paper analyses multi-period regulation on procurement policies under asymmetric information between the regulator …

is likely to be subject to private information. The model captures some of the trade-offs principals face in designing …

Creditors often share information about their customers' credit records. Besides helping them to spot bad risks, this …. However, sharing more detailed information can reduce this disciplinary effect: borrowers' incentives to perform may be … greater when lenders only disclose past defaults than when they share all their information. In some instances, by ``fine …

these societies have access to different amounts of information. The lack of information in less developed economies makes … informational infrastructure, we emphasize that societies accumulate information by repeating certain tasks. Poor societies may … therefore have less information partly because the scarcity of capital restricts the repetition of various activities. …

organizational design and incentives in the presence of asymmetric information and limited commitments. …