Similar Search Results

Optimal Information Disclosure : A Linear Programming Approach

Kolotilin, Anton - 2016

An uninformed sender designs a mechanism that discloses information about her type to a privately informed receiver … willing to act. Using a linear programming approach, I characterize optimal information disclosure and provide conditions … not monotonic in the precision of the receiver's private information …

Persistent link: https://www.econbiz.de/10012979703

A Tenure-Clock Problem

Chen, Chia-hui - 2015

and hidden information, where the principal must induce the agent to exert effort to facilitate her learning process. The …

Persistent link: https://www.econbiz.de/10013030521

Policy Gradient Methods for the Noisy Linear Quadratic Regulator over a Finite Horizon

Hambly, Ben M.; Xu, Renyuan; Yang, Huining - 2021

We explore reinforcement learning methods for finding the optimal policy in the linear quadratic regulator (LQR) problem. In particular we consider the convergence of policy gradient methods in the setting of known and unknown parameters. We are able to produce a global linear convergence...

Persistent link: https://www.econbiz.de/10013251559

Optimism and Communication

Chen, Ying - 2010

the agent's private information becomes more optimistic (in the sense of monotone likelihood ratio dominance). I use the …. The main result is that under a more optimistic prior, more information can be transmitted in equilibrium in the sense …

Persistent link: https://www.econbiz.de/10014190361

Truncating Optimism

Kaplan, Zachary - 2019

I/B/E/S removes 6% of one-quarter-ahead earnings forecasts from the calculation of the consensus forecast. This study examines managers' role in these removals. We show optimistic forecasts are removed more often than pessimistic forecasts, after controlling for removal policies that I/B/E/S...

Persistent link: https://www.econbiz.de/10012898780

Truncating Optimism

Kaplan, Zachary; Martin, Xiumin; Xie, Yifang - 2021

.g., provide investors with a proxy for earnings expectations). We show I/B/E/S, a prominent information intermediary, removes 6 …

Persistent link: https://www.econbiz.de/10013311229

Asset allocation and multivariate position based trading

Pape, Bernd - In: Journal of economic interaction and coordination : JEIC 2 (2007) 2, pp. 163-193

Persistent link: https://www.econbiz.de/10003580915

Modeling intraday information in financial markets with the scatter search metaheuristic

Silva, Carlos Gomes da - In: International journal of financial engineering 2 (2015) 2, pp. 1-22

Persistent link: https://www.econbiz.de/10011333425

Existence and uniqueness of solutions to dynamic models with occasionally binding constraints.

Holden, Tom D. - 2017 - This version: 23 August 2017

We present the first necessary and sufficient conditions for there to be a unique perfect-foresight solution to an otherwise linear dynamic model with occasionally binding constraints, given a fixed terminal condition. We derive further results on the existence of a solution in the presence of...

Persistent link: https://www.econbiz.de/10011717372

Existence and uniqueness of solutions to dynamic models with occasionally binding constraints.

Holden, Tom D. - 2016 - This version: 30 July 2016

We present the first necessary and sufficient conditions for there to be a unique perfect-foresight solution to an otherwise linear dynamic model with occasionally binding constraints, given a fixed terminal condition. We derive further conditions on the existence of a solution in such models....

Persistent link: https://www.econbiz.de/10011518459