Asymmetric information in external versus internal promotions
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DOI: 10.1007/s00181-019-01749-7
Abstract: "Individuals have two possible channels through which to obtain a managerial position: external and internal promotions. Employing the revised German Employment Register, we compare external and internal promotions by using multinomial logit regressions while accounting… read more here.
Keywords: asymmetric information; versus; internal promotions; information external ... See more keywords
Persuasion in an asymmetric information economy: a justification of Wald’s maxmin preferences
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DOI: 10.1007/s00199-021-01364-7
Abstract: To justify the use of Wald’s maxmin preferences in an asymmetric information economy, we introduce a mechanism designer who can convince/persuade agents to adopt Wald’s maxmin preferences. We show that more efficient and individually rational… read more here.
Keywords: wald maxmin; information economy; asymmetric information; maxmin preferences ... See more keywords
Dual-channel supply chain decisions under asymmetric information with a risk-averse retailer
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DOI: 10.1007/s10479-015-1852-2
Abstract: Many upstream brand manufacturers have established their direct channels to compete with the retailers; this is encroachment behavior by the manufacturers. In this paper, we introduce the retailer’s risk-averse behavior into the manufacturer’s encroachment problem… read more here.
Keywords: retailer; information; risk averse; supply chain ... See more keywords
Testing for asymmetric information in insurance markets: A test for ex ante moral hazard revisited
Sign Up to like & getrecommendations! Published in 2017 at "Economics Letters"
DOI: 10.1016/j.econlet.2016.10.044
Abstract: The disentanglement of adverse selection from ex ante moral hazard remains an empirical challenge. Our comment dissects a natural experiment proposed by Chiappori and Salanie (2000) to test for ex ante moral hazard. Firstly, we… read more here.
Keywords: testing asymmetric; moral hazard; test ante; ante moral ... See more keywords
Asymmetric information in the German intraday electricity market
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DOI: 10.1016/j.eneco.2020.104785
Abstract: This paper investigates how private and public information about unplanned power plant outages impact intraday electricity prices in Germany. It uses data from the EPEX day-ahead and continuous intraday markets as well as market messages… read more here.
Keywords: power plant; information; intraday electricity; market ... See more keywords
Optimal contracts of energy mix in a retail market under asymmetric information
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DOI: 10.1016/j.energy.2018.09.139
Abstract: Abstract Co-generation plants have become mainstream energy production facilities at the demand side owing to their high efficiency and flexibility in operation. During the transition to more integrated energy supply, trading of energy mix will… read more here.
Keywords: retailer; information; energy; market ... See more keywords
Linear-quadratic non-zero sum differential game for mean-field stochastic systems with asymmetric information
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Mathematical Analysis and Applications"
DOI: 10.1016/j.jmaa.2021.125315
Abstract: Abstract In this study, we consider a class of asymmetric information linear-quadratic non-zero sum stochastic differential game problems. The system dynamics are governed by a forward linear mean-field stochastic differential equation and the cost functional… read more here.
Keywords: field; quadratic non; asymmetric information; linear quadratic ... See more keywords
Learning in multi-agent systems with asymmetric information structure
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DOI: 10.1016/j.neucom.2019.08.112
Abstract: Abstract In this paper, we study multi-agent systems with asymmetric information structure. Due to limited channel capacity in communication network, the information in routing path suffers a transmission delay. Instead of the game theoretic setting,… read more here.
Keywords: systems asymmetric; information; information structure; agent systems ... See more keywords
Promotion of cooperation in evolutionary game dynamics under asymmetric information
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DOI: 10.1016/j.physa.2019.01.032
Abstract: Abstract The emergence and abundance of cooperation in the population of selfish individuals is a challenging problem in evolutionary dynamics. Here we propose two asymmetric information systems in which individuals adopt two different rules to… read more here.
Keywords: cooperation evolutionary; asymmetric information; promotion cooperation; cooperation ... See more keywords
Does asymmetric information affect firm's financing decisions?
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DOI: 10.1108/ijoem-01-2021-0086
Abstract: PurposeThe authors examine the impact of asymmetric information on firm's financing decisions, the feedback effect of changes in capital structure on the level of asymmetric information, and the speed of adjustments in capital structure on… read more here.
Keywords: financing decisions; capital structure; information; asymmetric information ... See more keywords
Long-Term Contracts With Dynamic Asymmetric Information for Traffic Offloading in Heterogeneous 5G and Beyond Networks
Sign Up to like & getrecommendations! Published in 2023 at "IEEE Internet of Things Journal"
DOI: 10.1109/jiot.2022.3225237
Abstract: To achieve a green heterogeneous 5G network, a promising approach is to shut off the light-loaded low-power nodes (LPNs) and transfer the load to the remote radio heads (RRHs) nearby. However, the RRHs may refuse… read more here.
Keywords: long term; contract; term; rrhs ... See more keywords