of the associated random variable.The third method directly collects information about the demand during the lead time … three methods require di erent types of information for the calculation of the reorder point in an operational setting ….The purpose of this paper is to derive insights into the value of information; therefore it compares the target service level with …

attenuate these information asymmetries) and longer maturities.The evidence suggests that creditors use shorter maturities to …

.nancing when the bank faces binding capital constraints and there is asymmetric information about the quality of its loans ….The paper uses an asymmetric information model similar to Myers and Majluf (1984), where a bank must raise its equity … inside information for some of its loans and unfavorable information for some of its other loans. …

and material information to the capital market.In contrast to previous studies which mainly concentrate on North … that suspension is indeed an effective means of disseminating new information.Stock prices adjust completely and … instantaneously to the new information released during trading suspensions.We also observe a significant increase in trading volume …

strict preference to hide offers from rivals.However, when sellers do share price information, they attain a higher price and …

A canonical procedure is described, which associates to each infinite information collecting situation a related … information collecting situation with finite state and action spaces, in such a way that the two corresponding IC-games are near …