innovation and technology transfer across locations, insurance and international trade, and migration and invasions. Recent …' adoption choices are affected by profit and risk considerations and by credit and biophysical constraints. New technologies …

We consider information sharing between traders who process different types of information, namely information on the … value of a risky security or information on the volume of liquidity trading in this security. We intercept the traders as …

competitive market maker faces n risk neutral traders with unit demands or suppliers. It is private information whether any given …I develop a simple new model of strategic trade with endogenous timing, generalizaing Glosten and Milgrom (1985) : A … make a trade at a random time. The market is open for an exponential length of time. …

competition, and we show that risk aversion is not a necessary condition for firms to respond negatively to trade cost uncertainty. …The paper studies how uncertainty about future trade arrangements affecting firms' competitiveness and market access …

econometric models. Two applications to the choice of automobile insurance contracts and the demand for life insurance are … provided. We show that the information provided by additional decision variables is rather weak and often non significant. …

's risk-aversion. This paper extends the moral hazard model to the case when the agent's risk-aversion is his private … information. …