CORDIS Project
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This project investigates economies characterized by private information, focusing on market dynamics and welfare analysis. It aims to develop models that incorporate strategic interactions and public information, enhancing understanding of industrial organization and financial markets.
The project deals with economies with private information.
Despite the growing body of work about economies with dispersed information there are at least three important stumbling blocks in the received literature that prevent scientific progress: lack of understanding of the dynamics of markets involving complementarities and information; consideration of public information as exogenous; and avoidance or extreme simplification of welfare analysis (e.g. because of the lack of a well-defined welf…
UNIVERSIDAD DE NAVARRA
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