based on Chari and Jagannathan (1988), this paper models information-induced and "pure-panic"runs in an environment of …

Research Institute of Industrial Economics (IUI). The database covers information about the Swedish parts and the producing …

We examine how financial analysts and equity investors incorporate information on deferred taxes from carryforwards … into earnings forecasts and share prices, respectively. We focus on carryforwards because in providing this information … each period, management must use their private information about the firm's profitability prospects. Thus, accounting …

of full and incomplete information about investors' needs are studied. …

background information. We show that the resulting war of attrition game has a unique, symmetric perfect Bayesian equilibrium. We …

auction designer can make the bidders learn their value before entry. Such early information will induce screening of high …-value bidders, and it will give rise to information rents and thereby a difference between the socially optimal auction and the …