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This paper examines the interplay of environmental policies with trade policies (tariffs) in a context of bilateral trade and imperfect competition.
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This paper studies the incentives of short-lived agents to acquire costly private information in the presence of public signals arising from market interaction. It characterizes the social learning process, that is the revelation of information by public signals, and the information...
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I present an overview of what has been the theoretical analysis of auctions in the last two decades. The goal is to offer a systematic exposition of the main issue addressed by this literature with more emphasis on why than on what. For that, I present a unified framework that takes the reader...
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