Essays about: "Asymmetric Informationn"
Found 1 essay containing the words Asymmetric Informationn.
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1. The Effect of Knowing What You Don't Know
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This study experimentally investigates how individuals' behavior change in an imperfectly discriminating common-value lottery-contest under two different information structures. The participants engages in one symmetrical contest with incomplete information of the prize value, and one asymmetrical contest where the uninformed player has incomplete information of the prize value and the informed player has complete information of the actual prize value. READ MORE
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