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Stephen Morris

Not to be confused with: Stephen Morris

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Stephen Morris & Ilhyock Shim & Hyun Song Shin, 2017. "Redemption risk and cash hoarding by asset managers," BIS Working Papers 608, Bank for International Settlements.

    Mentioned in:

    1. Liquidity Transformation and Open-end Funds
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2017-02-20 18:14:26
  2. Stephen Morris & Hyun Song Shin, 2008. "Financial Regulation in a System Context," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 229-274.

    Mentioned in:

    1. Liquidity Runs
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2016-04-25 17:32:25
  3. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Cowles Foundation Discussion Papers 1896, Cowles Foundation for Research in Economics, Yale University.

    Mentioned in:

    1. “The Limits of Price Discrimination,” D. Bergemann, B. Brooks and S. Morris (2013)
      by afinetheorem in A Fine Theorem on 2014-01-21 13:49:06
  4. Franklin Allen & Stephen Morris & Hyun Song Shin, 2006. "Beauty Contests and Iterated Expectations in Asset Markets," The Review of Financial Studies, Society for Financial Studies, vol. 19(3), pages 719-752.

    Mentioned in:

    1. Can Speculative Trading Magnify Financial Market Co-movement?
      by Blog Author in liberty street economics on 2011-09-12 19:00:00
    2. Can Speculative Trading Magnify Financial Market Co-movement?
      by Blog Author in Liberty Street Economics on 2011-09-12 19:00:00

    Mentioned in:

    1. H-Index for Journals
      by Francis Diebold in No Hesitations on 2018-03-08 17:47:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)

    Mentioned in:

    1. Gleichgewicht in korrelierten Strategien in Wikipedia (German)

Working papers

  1. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2022. "Screening with Persuasion," Papers 2212.03360, arXiv.org.

    Cited by:

    1. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2022. "Screening with Persuasion," Cowles Foundation Discussion Papers 2338, Cowles Foundation for Research in Economics, Yale University.
    2. Andreas Haupt & Zoe Hitzig, 2023. "Opaque Contracts," Papers 2301.13404, arXiv.org.

  2. Morris, Stephen & Yang, Ming, 2021. "Coordination and Continuous Stochastic Choice," CEPR Discussion Papers 16495, C.E.P.R. Discussion Papers.

    Cited by:

    1. Tommaso Denti & Doron Ravid, 2023. "Robust Predictions in Games with Rational Inattention," Papers 2306.09964, arXiv.org.
    2. Schilling, Linda, 2024. "Smooth Regulatory Intervention," MPRA Paper 120041, University Library of Munich, Germany.
    3. Walker-Jones, David, 2023. "Rational inattention with multiple attributes," Journal of Economic Theory, Elsevier, vol. 212(C).
    4. Schilling, Linda, 2023. "Smooth versus Harsh Regulatory Interventions and Policy Equivalence," MPRA Paper 116612, University Library of Munich, Germany.
    5. Flynn, Joel P. & Sastry, Karthik A., 2023. "Strategic mistakes," Journal of Economic Theory, Elsevier, vol. 212(C).

  3. Bergemann, Dirk & Heumann, Tibor & Morris, Stephen, 2021. "Selling Impressions: Efficiency vs. Competition," CEPR Discussion Papers 16402, C.E.P.R. Discussion Papers.

    Cited by:

    1. Bergemann, Dirk & Heumann, Tibor & Morris, Stephen & Sorokin, Constantine & Winter, Eyal, 2022. "Optimal Information Disclosure in Auctions," CEPR Discussion Papers 16858, C.E.P.R. Discussion Papers.

  4. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2020. "Search, Information, and Prices," Working Papers 2020-23, Becker Friedman Institute for Research In Economics.

    Cited by:

    1. Armstrong, Mark & Zhou, Jidong, 2021. "Consumer Information and the Limits to Competition," MPRA Paper 108395, University Library of Munich, Germany.
    2. Dirk Bergemann & Alessandro Bonatti, 2022. "Data, Competition, and Digital Platforms," Cowles Foundation Discussion Papers 2343, Cowles Foundation for Research in Economics, Yale University.
    3. Armstrong, Mark & Vickers, John, 2019. "Patterns of Competitive Interaction," CEPR Discussion Papers 13821, C.E.P.R. Discussion Papers.
    4. Vickers, John, 2021. "Competition for imperfect consumers," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    5. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2020. "Competition and Public Information: A Note," Cowles Foundation Discussion Papers 2234, Cowles Foundation for Research in Economics, Yale University.
    6. Brian C. Albrecht & Mark Whitmeyer, 2023. "Comparison Shopping: Learning Before Buying From Duopolists," Papers 2302.06580, arXiv.org, revised Apr 2023.
    7. Groh, Carl-Christian, 2023. "Search, Data, and Market Power," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277701, Verein für Socialpolitik / German Economic Association.
    8. Carl-Christian Groh, & Jonas von Wangenheim, 2024. "Pigou Meets Wolinsky: Search, Price Discrimination, and Consumer Sophistication," CRC TR 224 Discussion Paper Series crctr224_2024_527, University of Bonn and University of Mannheim, Germany.

  5. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.

    Cited by:

  6. Bergemann, Dirk & Morris, Stephen & Heumann, Tibor, 2020. "Information, Market Power and Price Volatility," CEPR Discussion Papers 15104, C.E.P.R. Discussion Papers.

    Cited by:

    1. Rahi, Rohit, 2021. "Information acquisition with heterogeneous valuations," LSE Research Online Documents on Economics 107152, London School of Economics and Political Science, LSE Library.
    2. Lou, Youcheng & Rahi, Rohit, 2023. "Information, market power and welfare," LSE Research Online Documents on Economics 120479, London School of Economics and Political Science, LSE Library.
    3. Jason Allen & Milena Wittwer, 2023. "Intermediary Market Power and Capital Constraints," Staff Working Papers 23-51, Bank of Canada.
    4. Lou, Youcheng & Rahi, Rohit, 2021. "Information, market power and welfare," LSE Research Online Documents on Economics 118843, London School of Economics and Political Science, LSE Library.
    5. Michail Anthropelos & Scott Robertson, 2024. "Strategic Informed Trading and the Value of Private Information," Papers 2404.08757, arXiv.org.

  7. Benjamin Golub & Stephen Morris, 2020. "Expectations, Networks, and Conventions," Papers 2009.13802, arXiv.org.

    Cited by:

    1. Galeotti, Andrea & Golub, Benjamin & Goyal, Sanjeev, 2018. "Targetting interventions in networks," Economics Discussion Papers 21698, University of Essex, Department of Economics.
    2. Promit K. Chaudhuri & Sudipta Sarangi & Hector Tzavellas, 2023. "Games Under Network Uncertainty," Papers 2305.03124, arXiv.org, revised Jul 2023.

  8. Atsushi Kajii & Stephen Morris, 2019. "Notes on Refinements and Higher Order Beliefs," KIER Working Papers 1007, Kyoto University, Institute of Economic Research.

    Cited by:

    1. Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.
    2. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.

  9. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2019. "Counterfactuals with Latent Information," Cowles Foundation Discussion Papers 2162, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

  10. Bergemann, Dirk & Brooks, Benjamin A & Morris, Stephen, 2018. "Countering the Winner's Curse: Optimal Auction Design in a Common Value Model," CEPR Discussion Papers 13332, C.E.P.R. Discussion Papers.

    Cited by:

    1. Sushil Bikhchandani & Debasis Mishra, 2020. "Selling Two Identical Objects," Papers 2009.11545, arXiv.org, revised Aug 2021.
    2. Saurav Goyal & Aroon Narayanan, 2021. "Ex-post implementation with interdependent values," Papers 2108.09580, arXiv.org.
    3. Elmar G. Wolfstetter, 2021. "Universal High-Speed Broadband Provision: An Alternative Policy Approach," CESifo Working Paper Series 9014, CESifo.
    4. Laurent Lamy & Manasa Patnam & Michael Visser, 2023. "Distinguishing Incentive from Selection Effects in Auction-Determined Contracts," Post-Print hal-03924664, HAL.
    5. Yiling Chen & Alon Eden & Juntao Wang, 2021. "Cursed yet Satisfied Agents," Papers 2104.00835, arXiv.org, revised Nov 2021.
    6. David Cerezo S'anchez, 2021. "JUBILEE: Secure Debt Relief and Forgiveness," Papers 2109.07267, arXiv.org.
    7. Laurent Lamy & Manasa Patnam & Michael Visser, 2023. "Distinguishing incentive from selection effects in auction-determined contracts," Post-Print hal-04382099, HAL.
    8. Wolfstetter, Elmar G., 2022. "Universal high-speed broadband provision: A simple auction approach," Information Economics and Policy, Elsevier, vol. 60(C).

  11. Bergemann, Dirk & Brooks, Benjamin A & Morris, Stephen, 2018. "Revenue Guarantee Equivalence," CEPR Discussion Papers 12964, C.E.P.R. Discussion Papers.

    Cited by:

    1. Wanchang Zhang, 2021. "Random Double Auction: A Robust Bilateral Trading Mechanism," Papers 2105.05427, arXiv.org, revised May 2022.
    2. Yeon-Koo Che & Weijie Zhong, 2021. "Robustly Optimal Mechanisms for Selling Multiple Goods," Papers 2105.02828, arXiv.org, revised Aug 2022.
    3. Abraham, Ittai & Athey, Susan & Babaioff, Moshe & Grubb, Michael D., 2020. "Peaches, lemons, and cookies: Designing auction markets with dispersed information," Games and Economic Behavior, Elsevier, vol. 124(C), pages 454-477.
    4. Kim, Kyungmin & Koh, Youngwoo, 2022. "Auctions with flexible information acquisition," Games and Economic Behavior, Elsevier, vol. 133(C), pages 256-281.
    5. He, Wei & Li, Jiangtao, 2022. "Correlation-robust auction design," Journal of Economic Theory, Elsevier, vol. 200(C).
    6. Pycia, Marek & Woodward, Kyle, 2021. "Auctions of Homogeneous Goods: A Case for Pay-as-Bid," CEPR Discussion Papers 15656, C.E.P.R. Discussion Papers.

  12. Stephen Morris & Hyun Song Shin, 2018. "Central bank forward guidance and the signal value of market prices," BIS Working Papers 692, Bank for International Settlements.

    Cited by:

    1. Camille Cornand & Romain Baeriswyl & Bruno Ziliotto, 2019. "Observing and shaping the market: the dilemma of central banks," Post-Print hal-01644269, HAL.
    2. Esther Hauk & Andrea Lanteri & Albert Marcet, 2016. "Optimal Policy with General Signal Extraction," Working Papers 932, Barcelona School of Economics.
    3. Ehrmann, Michael & Hubert, Paul, 2023. "Information acquisition ahead of monetary policy announcements," Working Paper Series 2770, European Central Bank.
    4. Vedolin, Andrea & Leombroni, Matteo & , & Whelan, Paul, 2018. "Central Bank Communication and the Yield Curve," CEPR Discussion Papers 12970, C.E.P.R. Discussion Papers.
    5. Picault, Matthieu & Raffestin, Louis, 2020. "The other side of forward guidance: Are central banks constrained by financial markets?," Finance Research Letters, Elsevier, vol. 36(C).
    6. Boris Hofmann & Dora Xia, 2022. "Quantitative forward guidance through interest rate projections," BIS Working Papers 1009, Bank for International Settlements.
    7. Ehrmann, Michael & Blinder, Alan & De Haan, Jakob & ,, 2022. "Central Bank Communication with the General Public: Promise or False Hope?," CEPR Discussion Papers 17441, C.E.P.R. Discussion Papers.
    8. Ngomba Bodi, Francis Ghislain & Tadadjeu Wemba, Dessy-Karl & Soulemanou, Soulemanou, 2020. "Transparence des Banques Centrales et efficacité de la politique monétaire : quelles implications pour la Banque des Etats de l’Afrique Centrale ? [Central Bank's Transparency and effectiveness of ," MPRA Paper 116436, University Library of Munich, Germany.
    9. Nathan Sussman & Osnat Zohar, 2022. "Have Inflation Expectations Become Un-anchored? The Role of Oil Prices and Global Aggregate Demand," International Journal of Central Banking, International Journal of Central Banking, vol. 18(2), pages 149-192, June.
    10. Nathan Sussman & Osnat Zohar, 2016. "Has Inflation Targeting Become Less Credible? Oil Prices, Global Aggregate Demand and Inflation Expectations during the Global Financial Crisis," Bank of Israel Working Papers 2016.13, Bank of Israel.
    11. Thomas Lubik & Christian Matthes & Elmar Mertens, 2023. "Indeterminacy and Imperfect Information," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 37-57, July.
    12. Gai, Prasanna & Lou, Edmund & Wu, Sherry X., 2020. "Targeted disclosure and monetary policy flexibility: A simple model," Economics Letters, Elsevier, vol. 194(C).
    13. Prasanna Gai & Sherry X. Wu, 2023. "On Market‐Friendly Central Bankers," The Economic Record, The Economic Society of Australia, vol. 99(325), pages 238-252, June.
    14. Kawamura, Kohei & Kobashi, Yohei & Shizume, Masato & Ueda, Kozo, 2019. "Strategic central bank communication: Discourse analysis of the Bank of Japan’s Monthly Report," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 230-250.
    15. Herbert Sylvérie, 2022. "State-dependent Central Bank Communication with Heterogeneous Beliefs," Working papers 875, Banque de France.
    16. Monica Jain & Walter Muiruri & Jonathan Witmer & Sharon Kozicki & Jeremy Harrison, 2023. "Summaries of Central Bank Policy Deliberations: A Canadian Context," Discussion Papers 2023-2, Bank of Canada.
    17. Jonathan G. James & Philip Lawler, 2024. "Clarity of Central Bank Communication and the Social Value of Public Information," Working Papers 2024-03, Swansea University, School of Management.

  13. Bergemann, Dirk & Morris, Stephen, 2017. "Information Design: A Unified Perspective," CEPR Discussion Papers 11867, C.E.P.R. Discussion Papers.

    Cited by:

    1. Wouter Dessein & Alex Frankel & Navin Kartik, 2023. "Test-Optional Admissions," Papers 2304.07551, arXiv.org, revised Nov 2023.
    2. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2022. "Screening with Persuasion," Cowles Foundation Discussion Papers 2338, Cowles Foundation for Research in Economics, Yale University.
    3. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    4. Takashi Ui, 2023. "Strategic Ambiguity in Global Games," Papers 2303.12263, arXiv.org, revised Mar 2023.
    5. Li, Fei & Song, Yangbo & Zhao, Mofei, 2023. "Global manipulation by local obfuscation," Journal of Economic Theory, Elsevier, vol. 207(C).
    6. Annie Liang & Jay Lu & Xiaosheng Mu, 2021. "Algorithm Design: A Fairness-Accuracy Frontier," Papers 2112.09975, arXiv.org, revised Jul 2023.
    7. Armstrong, Mark & Zhou, Jidong, 2021. "Consumer Information and the Limits to Competition," MPRA Paper 108395, University Library of Munich, Germany.
    8. Aleksei Smirnov & Egor Starkov, 2019. "Timing of predictions in dynamic cheap talk: experts vs. quacks," ECON - Working Papers 334, Department of Economics - University of Zurich.
    9. Rahul Deb & Anne-Katrin Roesler, 2021. "Multi-Dimensional Screening: Buyer-Optimal Learning and Informational Robustness," Papers 2105.12304, arXiv.org.
    10. Ergun, Lerby & Uthemann, Andreas, 2020. "Higher-order uncertainty in financial markets: evidence from a consensus pricing service," LSE Research Online Documents on Economics 118893, London School of Economics and Political Science, LSE Library.
    11. Anand Kalvit & Aleksandrs Slivkins & Yonatan Gur, 2024. "Incentivized Exploration via Filtered Posterior Sampling," Papers 2402.13338, arXiv.org.
    12. T. Tony Ke & Jiwoong Shin & Jungju Yu, 2023. "A Model of Product Portfolio Design: Guiding Consumer Search Through Brand Positioning," Marketing Science, INFORMS, vol. 42(6), pages 1101-1124, November.
    13. Matteo Escud'e & Ludvig Sinander, 2019. "Slow persuasion," Papers 1903.09055, arXiv.org, revised Apr 2022.
    14. Furkan Sezer & Ceyhun Eksin, 2022. "Information Preferences of Individual Agents in Linear-Quadratic-Gaussian Network Games," Papers 2203.13056, arXiv.org.
    15. Eduardo Perez & Vasiliki Skreta, 2018. "Test Design Under Falsification," Working Papers hal-03393136, HAL.
    16. Andreas Haupt & Zoe Hitzig, 2023. "Opaque Contracts," Papers 2301.13404, arXiv.org.
    17. , & Frechette, Guilaume & Perego, Jacopo, 2019. "Rules and Commitment in Communication," CEPR Discussion Papers 14085, C.E.P.R. Discussion Papers.
    18. Kimon Drakopoulos & Shobhit Jain & Ramandeep Randhawa, 2021. "Persuading Customers to Buy Early: The Value of Personalized Information Provisioning," Management Science, INFORMS, vol. 67(2), pages 828-853, February.
    19. Cong, Lin William & Grenadier, Steven R. & Hu, Yunzhi, 2020. "Dynamic interventions and informational linkages," Journal of Financial Economics, Elsevier, vol. 135(1), pages 1-15.
    20. Grant, Simon & Stauber, Ronald, 2022. "Delegation and ambiguity in correlated equilibrium," Games and Economic Behavior, Elsevier, vol. 132(C), pages 487-509.
    21. Wu, Haoyang, 2022. "A type-adjustable mechanism where the designer may obtain more payoffs by optimally controlling distributions of agents' types," MPRA Paper 113150, University Library of Munich, Germany.
    22. Jorge Vasquez & Marek Weretka, 2020. "Co-worker altruism and unemployment," GRAPE Working Papers 55, GRAPE Group for Research in Applied Economics.
    23. Fan, Zhongjie & Tang, Dunzhe, 2023. "Financial fragility and information design," Economics Letters, Elsevier, vol. 232(C).
    24. Frédéric Koessler & Marie Laclau & Jérôme Renault & Tristan Tomala, 2022. "Long Information Design," PSE-Ecole d'économie de Paris (Postprint) halshs-02400053, HAL.
    25. Long Chen & Yadong Huang & Shumiao Ouyang & Wei Xiong, 2021. "The Data Privacy Paradox and Digital Demand," Working Papers 2021-47, Princeton University. Economics Department..
    26. Yingkai Li & Aleksandrs Slivkins, 2022. "Exploration and Incentivizing Participation in Clinical Trials," Papers 2202.06191, arXiv.org, revised Apr 2024.
    27. Joseph E. Stiglitz & Jungyoll Yun & Andrew Kosenko, 2020. "Bilateral Information Disclosure in Adverse Selection Markets with Nonexclusive Competition," NBER Working Papers 27041, National Bureau of Economic Research, Inc.
    28. Christoph SchottmÑŒller, 2019. "Welfare optimal information structures in bilateral trade," Working Paper Series in Economics 98, University of Cologne, Department of Economics.
    29. Masaki Miyashita & Takashi Ui, 2023. "LQG Information Design," Papers 2312.09479, arXiv.org.
    30. Zekun Liu & Dennis J. Zhang & Fuqiang Zhang, 2021. "Information Sharing on Retail Platforms," Manufacturing & Service Operations Management, INFORMS, vol. 23(3), pages 606-619, May.
    31. Burkovskaya, Anastasia & Li, Jian, 2020. "Comparative Profitability of Product Disclosure Statements," Working Papers 2020-01, University of Sydney, School of Economics.
    32. Sung Jae Jun & Sokbae (Simon) Lee, 2019. "Identifying the effect of persuasion," CeMMAP working papers CWP69/19, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    33. Miltiadis Makris & Ludovic Renou, 2021. "Information Design in Multi-stage Games," Papers 2102.13482, arXiv.org, revised Apr 2021.
    34. Stefan Terstiege & Cédric Wasser, 2018. "Buyer-Optimal Robust Information Structures," CRC TR 224 Discussion Paper Series crctr224_2018_034, University of Bonn and University of Mannheim, Germany.
    35. Whitmeyer, Joseph & Whitmeyer, Mark, 2021. "Mixtures of mean-preserving contractions," Journal of Mathematical Economics, Elsevier, vol. 94(C).
    36. Gottardi, Piero & Mezzetti, Claudio, 2020. "Mediation Design," The Warwick Economics Research Paper Series (TWERPS) 1248, University of Warwick, Department of Economics.
    37. David Lingenbrink & Krishnamurthy Iyer, 2019. "Optimal Signaling Mechanisms in Unobservable Queues," Operations Research, INFORMS, vol. 67(5), pages 1397-1416, September.
    38. Monte, Daniel & Linhares, Luis Henrique, 2023. "Stealth Startups, Clauses, and Add-ons: A Model of Strategic Obfuscation," MPRA Paper 115926, University Library of Munich, Germany.
    39. Tetsuya Hoshino, 2022. "Multi‐Agent Persuasion: Leveraging Strategic Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(2), pages 755-776, May.
    40. Isaiah Andrews & Jesse M. Shapiro, 2021. "A Model of Scientific Communication," Econometrica, Econometric Society, vol. 89(5), pages 2117-2142, September.
    41. Atsushi Kajii & Stephen Morris, 2019. "Notes on "Refinements and Higher Order Beliefs"," Working Papers on Central Bank Communication 006, University of Tokyo, Graduate School of Economics.
    42. Andrew T Little, 2023. "Bayesian explanations for persuasion," Journal of Theoretical Politics, , vol. 35(3), pages 147-181, July.
    43. Vásquez, Jorge & Weretka, Marek, 2021. "Co-worker altruism and unemployment," Games and Economic Behavior, Elsevier, vol. 130(C), pages 224-239.
    44. Kfir Eliaz & Ran Spiegler, 2024. "News Media as Suppliers of Narratives (and Information)," Papers 2403.09155, arXiv.org.
    45. Shih-Tang Su & Vijay G. Subramanian, 2022. "Order of Commitments in Bayesian Persuasion with Partial-informed Senders," Papers 2202.06479, arXiv.org.
    46. Tatsushi Okuda & Tomohiro Tsuruga, 2021. "Inflation Expectations and Central Bank Communication with Unknown Prior," IMES Discussion Paper Series 21-E-07, Institute for Monetary and Economic Studies, Bank of Japan.
    47. Alexei Parakhonyak & Anton Sobolev, 2022. "Persuasion without Priors," Economics Series Working Papers 977, University of Oxford, Department of Economics.
    48. Furkan Sezer & Hossein Khazaei & Ceyhun Eksin, 2021. "Maximizing Social Welfare and Agreement via Information Design in Linear-Quadratic-Gaussian Games," Papers 2102.13047, arXiv.org, revised Feb 2023.
    49. Jerry Anunrojwong & Krishnamurthy Iyer & David Lingenbrink, 2022. "Persuading Risk-Conscious Agents: A Geometric Approach," Papers 2208.03758, arXiv.org, revised Jul 2023.
    50. Levy, Gilat & Moreno de Barreda, Inés & Razin, Ronny, 2022. "Persuasion with correlation neglect: a full manipulation result," LSE Research Online Documents on Economics 111551, London School of Economics and Political Science, LSE Library.
    51. Krishnamurthy Iyer & Haifeng Xu & You Zu, 2023. "Markov Persuasion Processes with Endogenous Agent Beliefs," Papers 2307.03181, arXiv.org, revised Jul 2023.
    52. Jonas Hedlund & Allan Hernández-Chanto & Carlos Oyarzún, 2021. "Contagion Management through Information Disclosure," Discussion Papers Series 651, School of Economics, University of Queensland, Australia.
    53. Goldstein, Itay & Leitner, Yaron, 2018. "Stress tests and information disclosure," Journal of Economic Theory, Elsevier, vol. 177(C), pages 34-69.
    54. Ronen Gradwohl & Moshe Tennenholtz, 2020. "Coopetition Against an Amazon," Papers 2005.10038, arXiv.org, revised Nov 2021.
    55. Xin Feng, 2023. "Information disclosure in all-pay contests with costly entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 401-421, June.
    56. Leal Vizcaíno René & Mekonnen Teddy, 2019. "Bayesian Comparative Statics," Working Papers 2019-03, Banco de México.
    57. Andreas A. Haupt & Nicole Immorlica & Brendan Lucier, 2023. "Certification Design for a Competitive Market," Papers 2301.13449, arXiv.org.
    58. Hitoshi Matsushima, 2019. "Information Design in Blockchain: A Role of Trusted Intermediaries," KIER Working Papers 1018, Kyoto University, Institute of Economic Research.
    59. Ozan Candogan & Philipp Strack, 2021. "Optimal Disclosure of Information to a Privately Informed Receiver," Papers 2101.10431, arXiv.org, revised Jan 2022.
    60. Taneva, Ina & Mathevet, Laurent, 2022. "Organized Information Transmission," CEPR Discussion Papers 16959, C.E.P.R. Discussion Papers.
    61. Shih-Tang Su & Vijay G. Subramanian & Grant Schoenebeck, 2021. "Bayesian Persuasion in Sequential Trials," Papers 2110.09594, arXiv.org, revised Nov 2021.
    62. Andrew Caplin & Daniel J. Martin, 2020. "Framing, Information, and Welfare," NBER Working Papers 27265, National Bureau of Economic Research, Inc.
    63. Gu, Jiadong, 2023. "Optimal stress tests and liquidation cost," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    64. Carvajal, Andrés & Rostek, Marzena & Sublet, Guillaume, 2018. "Information design and capital formation," Journal of Economic Theory, Elsevier, vol. 176(C), pages 255-292.
    65. Sergio Cappellini, 2022. "Optimal Unemployment Insurance with Worker Profiling," "Marco Fanno" Working Papers 0294, Dipartimento di Scienze Economiche "Marco Fanno".
    66. Asriyan, Vladimir & Fuchs, William & Green, Brett, 2021. "Aggregation and design of information in asset markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 191(C).
    67. Liang Lu & Thomas Reardon, 2018. "An Economic Model of the Evolution of Food Retail and Supply Chains from Traditional Shops to Supermarkets to E-Commerce," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(5), pages 1320-1335.
    68. Liu, Yixuan & Whinston, Andrew B., 2019. "Efficient real-time routing for autonomous vehicles through Bayes correlated equilibrium: An information design framework," Information Economics and Policy, Elsevier, vol. 47(C), pages 14-26.
    69. Chan, Jimmy & Gupta, Seher & Li, Fei & Wang, Yun, 2019. "Pivotal persuasion," Journal of Economic Theory, Elsevier, vol. 180(C), pages 178-202.
      • Jimmy Chan & Seher Gupta & Fei Li & Yun Wang, 2018. "Pivotal Persuasion," Working Papers 2018-11-03, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    70. Loertscher, Simon & Marx, Leslie M., 2020. "Digital monopolies: Privacy protection or price regulation?," International Journal of Industrial Organization, Elsevier, vol. 71(C).
    71. Shraddha Pathak & Ankur A. Kulkarni, 2022. "A Scalable Bayesian Persuasion Framework for Epidemic Containment on Heterogeneous Networks," Papers 2207.11578, arXiv.org.
    72. Le Treust, Maël & Tomala, Tristan, 2019. "Persuasion with limited communication capacity," Journal of Economic Theory, Elsevier, vol. 184(C).
    73. Jann, Ole & Schottmüller, Christoph, 2021. "Regime change games with an active defender," Games and Economic Behavior, Elsevier, vol. 129(C), pages 96-113.
    74. Takashi Ui, 2022. "Optimal and Robust Disclosure of Public Information," Working Papers on Central Bank Communication 039, University of Tokyo, Graduate School of Economics.
    75. Terstiege, Stefan & Wasser, Cédric, 2023. "Experiments versus distributions of posteriors," Mathematical Social Sciences, Elsevier, vol. 125(C), pages 58-60.
    76. Jibang Wu & Ashwinkumar Badanidiyuru & Haifeng Xu, 2021. "Auctioning with Strategically Reticent Bidders," Papers 2109.04888, arXiv.org, revised Jan 2023.
    77. You Zu & Krishnamurthy Iyer & Haifeng Xu, 2021. "Learning to Persuade on the Fly: Robustness Against Ignorance," Papers 2102.10156, arXiv.org, revised May 2024.
    78. Dirk Bergemann & Paul Duetting & Renato Paes Leme & Song Zuo, 2021. "Calibrated Click-Through Auctions: An Information Design Approach," Cowles Foundation Discussion Papers 2285, Cowles Foundation for Research in Economics, Yale University.
    79. Ron Berman & Xudong Zheng, 2020. "Marketing with Shallow and Prudent Influencers," Working Papers 20-06, NET Institute.
    80. Raphael Boleslavsky & Mehdi Shadmehr, 2023. "Signaling With Commitment," Papers 2305.00777, arXiv.org, revised Mar 2024.
    81. Farzaneh Farhadi & Demosthenis Teneketzis, 2022. "Dynamic Information Design: A Simple Problem on Optimal Sequential Information Disclosure," Dynamic Games and Applications, Springer, vol. 12(2), pages 443-484, June.
    82. Wanchang Zhang, 2022. "Information-Robust Optimal Auctions," Papers 2205.04137, arXiv.org.
    83. Kai A. Konrad & Marcel Thum, 2020. "Equilibrium opacity in ultimatum‐offer bargaining," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(5), pages 1515-1529, September.
    84. Dmitry Sedov, 2023. "Almost-truthful interim-biased mediation enables information exchange between agents with misaligned interests," Review of Economic Design, Springer;Society for Economic Design, vol. 27(3), pages 505-546, September.
    85. Perez-Richet, Eduardo & Vigier, Adrien & Bizzotto, Jacopo, 2019. "Information Design with Agency," CEPR Discussion Papers 13868, C.E.P.R. Discussion Papers.
    86. Eitan Sapiro-Gheiler, 2021. "Persuasion with Ambiguous Receiver Preferences," Papers 2109.11536, arXiv.org, revised Aug 2023.
    87. Piotr Dworczak & Alessandro Pavan, 2022. "Preparing for the Worst but Hoping for the Best: Robust (Bayesian) Persuasion," Econometrica, Econometric Society, vol. 90(5), pages 2017-2051, September.
    88. Leitner, Yaron & Yilmaz, Bilge, 2019. "Regulating a model," Journal of Financial Economics, Elsevier, vol. 131(2), pages 251-268.
    89. Zeng, Yishu, 2023. "Derandomization of persuasion mechanisms," Journal of Economic Theory, Elsevier, vol. 212(C).
    90. Heski Bar‐Isaac & Clare Leaver, 2022. "Training, Recruitment, and Outplacement as Endogenous Adverse Selection," Economica, London School of Economics and Political Science, vol. 89(356), pages 849-861, October.
    91. Carl Heese & Stephan Lauermann, 2019. "Persuasion and Information Aggregation in Large Elections," CRC TR 224 Discussion Paper Series crctr224_2019_128, University of Bonn and University of Mannheim, Germany.
    92. Ganesh Iyer & Zemin (Zachary) Zhong, 2022. "Pushing Notifications as Dynamic Information Design," Marketing Science, INFORMS, vol. 41(1), pages 51-72, January.
    93. Pavan, Alessandro & Dworczak, Piotr, 2020. "Preparing for the Worst But Hoping for the Best: Robust (Bayesian) Persuasion," CEPR Discussion Papers 15017, C.E.P.R. Discussion Papers.
    94. Yaron Leitner & Basil Williams, 2023. "Model Secrecy and Stress Tests," Journal of Finance, American Finance Association, vol. 78(2), pages 1055-1095, April.
    95. Elias Carroni & Giuseppe Pignataro & Luigi Siciliani, 2023. "Persuasion in Physician Agency," Discussion Papers 23/01, Department of Economics, University of York.
    96. Serena Wang & Michael I. Jordan & Katrina Ligett & R. Preston McAfee, 2024. "Information Elicitation in Agency Games," Papers 2402.14005, arXiv.org, revised Apr 2024.
    97. Schottmüller, Christoph, 2019. "Why Echo Chambers are Useful," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203517, Verein für Socialpolitik / German Economic Association.
    98. Raphaela Hennigs, 2021. "Conflict prevention by Bayesian persuasion," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(4), pages 710-731, August.
    99. Saed Alizamir & Francis de Véricourt & Shouqiang Wang, 2020. "Warning Against Recurring Risks: An Information Design Approach," Management Science, INFORMS, vol. 66(10), pages 4612-4629, October.
    100. Mustafa Dogan & Ju Hu, 2022. "Consumer search and optimal information," RAND Journal of Economics, RAND Corporation, vol. 53(2), pages 386-403, June.
    101. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    102. E. Carroni & L. Ferrari & S. Righi, 2018. "The Price of Discovering Your Needs Online," Working Papers wp1116, Dipartimento Scienze Economiche, Universita' di Bologna.
    103. Makoto Shimoji, 2022. "Bayesian persuasion in unlinked games," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(3), pages 451-481, November.
    104. Tong Zhang & Yixue Huo & Xin Zhang & Jie Shuai, 2019. "Endogenous third-degree price discrimination in Hotelling model with elastic demand," Journal of Economics, Springer, vol. 127(2), pages 125-145, July.
    105. Maxim Senkov, 2022. "Setting Interim Deadlines to Persuade," Papers 2210.08294, arXiv.org, revised Jan 2023.
    106. Schottmüller, Christoph, 2023. "Optimal information structures in bilateral trade," Theoretical Economics, Econometric Society, vol. 18(1), January.
    107. Ozan Candogan & Kimon Drakopoulos, 2020. "Optimal Signaling of Content Accuracy: Engagement vs. Misinformation," Operations Research, INFORMS, vol. 68(2), pages 497-515, March.
    108. Little, Andrew T., 2022. "Bayesian Explanations for Persuasion," OSF Preprints ygw8e, Center for Open Science.
    109. Galperti, Simone & Trevino, Isabel, 2020. "Coordination motives and competition for attention in information markets," Journal of Economic Theory, Elsevier, vol. 188(C).
    110. Yiling Chen & Tao Lin, 2023. "Persuading a Behavioral Agent: Approximately Best Responding and Learning," Papers 2302.03719, arXiv.org, revised Feb 2024.
    111. Aridor, Guy & Gonçalves, Duarte, 2022. "Recommenders’ originals: The welfare effects of the dual role of platforms as producers and recommender systems," International Journal of Industrial Organization, Elsevier, vol. 83(C).
    112. Takashi Ui, 2022. "Impacts of Public Information on Flexible Information Acquisition," Papers 2204.09250, arXiv.org, revised Apr 2022.
    113. Zibin Xu & Anthony Dukes, 2022. "Personalization from Customer Data Aggregation Using List Price," Management Science, INFORMS, vol. 68(2), pages 960-980, February.
    114. Jibang Wu & Zixuan Zhang & Zhe Feng & Zhaoran Wang & Zhuoran Yang & Michael I. Jordan & Haifeng Xu, 2022. "Sequential Information Design: Markov Persuasion Process and Its Efficient Reinforcement Learning," Papers 2202.10678, arXiv.org.
    115. Takashi Ui, 2022. "Optimal and Robust Disclosure of Public Information," Papers 2203.16809, arXiv.org, revised Apr 2022.
    116. Andriy Zapechelnyuk, 2023. "On the equivalence of information design by uninformed and informed principals," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(4), pages 1051-1067, November.
    117. Siddhartha Banerjee & Kamesh Munagala & Yiheng Shen & Kangning Wang, 2023. "Fair Price Discrimination," Papers 2305.07006, arXiv.org.
    118. Shuran Zheng & Yiling Chen, 2020. "Optimal Advertising for Information Products," Papers 2002.10045, arXiv.org, revised Sep 2021.
    119. Babichenko, Yakov & Talgam-Cohen, Inbal & Xu, Haifeng & Zabarnyi, Konstantin, 2022. "Regret-minimizing Bayesian persuasion," Games and Economic Behavior, Elsevier, vol. 136(C), pages 226-248.
    120. Teddy Mekonnen & Zeky Murra-Anton & Bobak Pakzad-Hurson, 2023. "Persuaded Search," Papers 2303.13409, arXiv.org, revised Oct 2023.
    121. Kimon Drakopoulos & Ali Makhdoumi, 2023. "Providing Data Samples for Free," Management Science, INFORMS, vol. 69(6), pages 3536-3560, June.
    122. Terstiege, Stefan, 2018. "On the signal realization set in contracting with information disclosure," Economics Letters, Elsevier, vol. 163(C), pages 83-86.
    123. Brendan T. Gould & Philip N. Brown, 2022. "Information Design for Vehicle-to-Vehicle Communication," Papers 2207.06411, arXiv.org.
    124. Parakhonyak, Alexei & Vikander, Nick, 2023. "Information design through scarcity and social learning," Journal of Economic Theory, Elsevier, vol. 207(C).
    125. Du, Ninghua & Shahriar, Quazi, 2024. "Information disclosure in mitigating moral hazard: An experimental investigation," Games and Economic Behavior, Elsevier, vol. 144(C), pages 284-299.
    126. Jay Pil Choi & Arijit Mukherjee, 2020. "Optimal certification policy, entry, and investment in the presence of public signals," RAND Journal of Economics, RAND Corporation, vol. 51(4), pages 989-1013, December.
    127. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.
    128. Guillaume R. Fréchette & Alessandro Lizzeri & Jacopo Perego, 2022. "Rules and Commitment in Communication: An Experimental Analysis," Econometrica, Econometric Society, vol. 90(5), pages 2283-2318, September.
    129. Mohsen Foroughifar & David Soberman, 2021. "Is More Precise Word of Mouth Better for a High Quality Firm? ... Not Always," Papers 2105.01040, arXiv.org, revised Apr 2022.
    130. Daniel Ngo & Keegan Harris & Anish Agarwal & Vasilis Syrgkanis & Zhiwei Steven Wu, 2023. "Incentive-Aware Synthetic Control: Accurate Counterfactual Estimation via Incentivized Exploration," Papers 2312.16307, arXiv.org, revised Feb 2024.
    131. Raphaela Hennigs, 2019. "Conflict Prevention by Bayesian Persuasion," Working Papers tax-mpg-rps-2019-16_1, Max Planck Institute for Tax Law and Public Finance.
    132. Navin Kartik & SangMok Lee & Daniel Rappoport, 2022. "Single-Crossing Differences in Convex Environments," Papers 2212.12009, arXiv.org, revised Jun 2023.
    133. Pram, Kym, 2019. "On the equivalence of robustness to canonical and general elaborations," Journal of Economic Theory, Elsevier, vol. 180(C), pages 1-10.
    134. Hiroto Sato, 2023. "Robust implementation in sequential information design under supermodular payoffs and objective," Review of Economic Design, Springer;Society for Economic Design, vol. 27(2), pages 269-285, June.
    135. Nasimeh Heydaribeni & Ketan Savla, 2021. "Information Design for a Non-atomic Service Scheduling Game," Papers 2110.00090, arXiv.org.
    136. Emir Kamenica & Kyungmin Kim & Andriy Zapechelnyuk, 2021. "Bayesian persuasion and information design: perspectives and open issues," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(3), pages 701-704, October.

  14. Bergemann, Dirk & Brooks, Benjamin A & Morris, Stephen, 2017. "Optimal Auction Design in a Common Value Model," CEPR Discussion Papers 11783, C.E.P.R. Discussion Papers.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    2. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2018. "First-Price Auctions with General Information Structures: A Short Introduction," Cowles Foundation Discussion Papers 2132, Cowles Foundation for Research in Economics, Yale University.
    3. Gagan Aggarwal & Kshipra Bhawalkar & Guru Guruganesh & Andres Perlroth, 2021. "Maximizing revenue in the presence of intermediaries," Papers 2111.10472, arXiv.org.
    4. Dirk Bergemann & Juuso Välimäki, 2019. "Dynamic Mechanism Design: An Introduction," Journal of Economic Literature, American Economic Association, vol. 57(2), pages 235-274, June.
    5. Bergemann, Dirk & Brooks, Benjamin A & Morris, Stephen, 2018. "Revenue Guarantee Equivalence," CEPR Discussion Papers 12964, C.E.P.R. Discussion Papers.

  15. Stephen Morris & Ilhyock Shim & Hyun Song Shin, 2017. "Redemption risk and cash hoarding by asset managers," BIS Working Papers 608, Bank for International Settlements.

    Cited by:

    1. Argyropoulos, Christos & Candelon, Bertrand & Hasse, Jean-Baptiste & Panopoulou, Ekaterini, 2020. "Toward a macroprudential regulatory framework for mutual funds," LIDAM Discussion Papers LFIN 2020008, Université catholique de Louvain, Louvain Finance (LFIN).
    2. Molestina Vivar, Luis & Wedow, Michael & Weistroffer, Christian, 2023. "Burned by leverage? Flows and fragility in bond mutual funds," Journal of Empirical Finance, Elsevier, vol. 72(C), pages 354-380.
    3. Abbas Hejri, 2022. "On the recent developments of mutual funds with fixed‐income holdings: a systematic review," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(2), pages 2313-2338, June.
    4. Vladyslav Sushko & Grant Turner, 2018. "The implications of passive investing for securities markets," BIS Quarterly Review, Bank for International Settlements, March.
    5. Nicola Branzoli & Giovanni Guazzarotti, 2017. "Liquidity transformation and financial stability: evidence from the cash management of open-end Italian mutual funds," Temi di discussione (Economic working papers) 1113, Bank of Italy, Economic Research and International Relations Area.
    6. Aikman, David & Haldane, Andrew & Hinterschweiger, Marc & Kapadia, Sujit, 2018. "Rethinking financial stability," Bank of England working papers 712, Bank of England.
    7. Antonio Falato & Itay Goldstein & Ali Hortaçsu, 2020. "Financial Fragility in the COVID-19 Crisis: The Case of Investment Funds in Corporate Bond Markets," NBER Working Papers 27559, National Bureau of Economic Research, Inc.
    8. Mathias S. Kruttli & Phillip J. Monin & Lubomir Petrasek & Sumudu W. Watugala, 2021. "Hedge Fund Treasury Trading and Funding Fragility: Evidence from the COVID-19 Crisis," Finance and Economics Discussion Series 2021-038, Board of Governors of the Federal Reserve System (U.S.).
    9. Agostino Capponi & Paul Glasserman & Marko Weber, 2020. "Swing Pricing for Mutual Funds: Breaking the Feedback Loop Between Fire Sales and Fund Redemptions," Management Science, INFORMS, vol. 66(8), pages 3581-3602, August.
    10. Milan Szabo, 2022. "Meeting Investor Outflows in Czech Bond and Equity Funds: Horizontal or Vertical?," Working Papers 2022/6, Czech National Bank.
    11. Grill, Michael & Molestina Vivar, Luis & Wedow, Michael, 2022. "Mutual fund suspensions during the COVID-19 market turmoil - asset liquidity, liquidity management tools and spillover effects," Finance Research Letters, Elsevier, vol. 50(C).
    12. di Iasio, Giovanni & Kaufmann, Christoph & Wicknig, Florian, 2022. "Macroprudential regulation of investment funds," Working Paper Series 2695, European Central Bank.
    13. Dunhong Jin & Marcin Kacperczyk & Bige Kahraman & Felix Suntheim, 2022. "Swing Pricing and Fragility in Open-End Mutual Funds," The Review of Financial Studies, Society for Financial Studies, vol. 35(1), pages 1-50.
    14. Bush Georgia & Cañón Salazar Carlos Iván & Gray Daniel, 2021. "Emerging market capital flows the role of fund manager portfolio allocation," Working Papers 2021-13, Banco de México.
    15. Milan Szabo, 2022. "Meeting investor outflows in Czech bond and equity funds: horizontal or vertical?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(4), pages 1123-1151, November.
    16. Carlos Cantú & Michael Chui, 2020. "Financial market development and financial stability," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial market development, monetary policy and financial stability in emerging market economies, volume 113, pages 19-38, Bank for International Settlements.
    17. Dekker, Lennart & Molestina Vivar, Luis & Wedow, Michael & Weistroffer, Christian, 2023. "Liquidity buffers and open-end investment funds: containing outflows and reducing fire sales," Working Paper Series 2825, European Central Bank.
    18. Brandao-Marques, Luis & Gelos, Gaston & Ichiue, Hibiki & Oura, Hiroko, 2022. "Changes in the global investor base and the stability of portfolio flows to emerging markets," Journal of Banking & Finance, Elsevier, vol. 144(C).
    19. Hałaj, Grzegorz, 2018. "Agent-based model of system-wide implications of funding risk," Working Paper Series 2121, European Central Bank.
    20. Agostino Capponi & Paul Glasserman & Marko Weber, 2018. "Swing Pricing for Mutual Funds: Breaking the Feedback Loop Between Fire Sales and Fund Runs," Working Papers 18-04, Office of Financial Research, US Department of the Treasury.
    21. Yoshihiko Hogen & Yoshiyasu Koide & Yuji Shinozaki, 2022. "Rise of NBFIs and the Global Structural Change in the Transmission of Market Shocks," Bank of Japan Working Paper Series 22-E-14, Bank of Japan.
    22. Rohan Arora & Guillaume Bédard-Pagé & Guillaume Ouellet Leblanc & Ryan Shotlander, 2019. "Bond Funds and Fixed-Income Market Liquidity: A Stress-Testing Approach," Technical Reports 115, Bank of Canada.
    23. Fong, Tom Pak Wing & Sze, Angela Kin Wan & Ho, Edmund Ho Cheung, 2022. "Do long-term institutional investors contribute to financial stability? – Evidence from equity investment in Hong Kong and international markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    24. Carol Bertaut & Valentina Bruno & Hyun Song Shin, 2023. "Original sin redux: role of duration risk," BIS Working Papers 1109, Bank for International Settlements.
    25. Giuzio, Margherita & Kaufmann, Christoph & Ryan, Ellen & Cappiello, Lorenzo, 2021. "Investment funds, risk-taking, and monetary policy in the euro area," Working Paper Series 2605, European Central Bank.
    26. Calimani, Susanna & Hałaj, Grzegorz & Żochowski, Dawid, 2022. "Simulating fire sales in a system of banks and asset managers," Journal of Banking & Finance, Elsevier, vol. 138(C).
    27. Schrimpf, Paul & , & Shin, Hyun Song, 2022. "Non-bank Financial Intermediaries and Financial Stability," CEPR Discussion Papers 16962, C.E.P.R. Discussion Papers.
    28. Teng Wang, 2020. "Branching Networks and Geographic Contagion of Commodity Price Shocks," Finance and Economics Discussion Series 2020-034, Board of Governors of the Federal Reserve System (U.S.).
    29. Toni Ahnert & Mahmoud Elamin, 2019. "Bank Runs, Portfolio Choice, and Liquidity Provision," Staff Working Papers 19-37, Bank of Canada.
    30. David Ng & Ilhyock Shim & Jose Maria Vidal Pastor, 2019. "The role of different institutional investors in Asia-Pacific bond markets during the taper tantrum," BIS Papers chapters, in: Bank for International Settlements (ed.), Asia-Pacific fixed income markets: evolving structure, participation and pricing, volume 102, pages 113-142, Bank for International Settlements.
    31. Thierry Roncalli, 2021. "Liquidity Stress Testing in Asset Management -- Part 3. Managing the Asset-Liability Liquidity Risk," Papers 2110.01302, arXiv.org.
    32. Stijn Claessens & Ulf Lewrick, 2022. "Open-ended bond funds: Systemic risks and policy implications," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 72(01), pages 45-62, December.
    33. Hoerova, Marie & Breckenfelder, Johannes, 2023. "Do non-banks need access to the lender of last resort? Evidence from fund runs," CEPR Discussion Papers 18122, C.E.P.R. Discussion Papers.
    34. Takahashi, Hidenori & Yamada, Kazuo, 2021. "When the Japanese stock market meets COVID-19: Impact of ownership, China and US exposure, and ESG channels," International Review of Financial Analysis, Elsevier, vol. 74(C).
    35. Dötz, Niko & Weth, Mark, 2019. "Redemptions and asset liquidations in corporate bond funds," Discussion Papers 11/2019, Deutsche Bundesbank.
    36. David Aikman & Daniel Beale & Adam Brinley-Codd & Anne-Caroline Hüser & Giovanni Covi & Caterina Lepore, 2023. "Macro-Prudential Stress Test Models: A Survey," IMF Working Papers 2023/173, International Monetary Fund.
    37. Wang, Teng, 2021. "Local banks and the effects of oil price shocks," Journal of Banking & Finance, Elsevier, vol. 125(C).
    38. Goldstein, Itay, 2017. "Comment on “Redemption risk and cash hoarding by asset managers” by Morris, Shim, and Shin," Journal of Monetary Economics, Elsevier, vol. 89(C), pages 88-91.
    39. Valentin Haddad & Alan Moreira & Tyler Muir, 2021. "When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response [Funding value adjustments]," The Review of Financial Studies, Society for Financial Studies, vol. 34(11), pages 5309-5351.
    40. Koenig, Philipp J. & Pothier, David, 2022. "Safe but fragile: Information acquisition, liquidity support and redemption runs," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    41. Allaire, Nolwenn & Breckenfelder, Johannes & Hoerova, Marie, 2023. "Fund fragility: the role of investor base," Working Paper Series 2874, European Central Bank.
    42. Sunaryo Sunaryo & Alvia Santoni & Endri Endri & Muhammad Nusjirwan Harahap, 2020. "Determinants of Capital Adequacy Ratio for Pension Funds: A Case Study in Indonesia," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(4), pages 203-213, July.
    43. Jannic Cutura & Gianpaolo Parise & Andreas Schrimpf, 2020. "Debt De-risking," BIS Working Papers 868, Bank for International Settlements.
    44. Weth, Mark Andreas & Dötz, Niko, 2019. "Redemptions and Asset Liquidations in Corporate Bond Funds," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203542, Verein für Socialpolitik / German Economic Association.
    45. Hałaj, Grzegorz, 2018. "System-wide implications of funding risk," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 503(C), pages 1151-1181.
    46. Fong, Tom Pak Wing & Sze, Angela Kin Wan & Ho, Edmund Ho Cheung, 2018. "Determinants of equity mutual fund flows – Evidence from the fund flow dynamics between Hong Kong and global markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 57(C), pages 231-247.
    47. di Iasio, Giovanni & Kryczka, Dominika, 2021. "Market failures in market-based finance," Working Paper Series 2545, European Central Bank.
    48. Mirza, Harun & Moccero, Diego & Palligkinis, Spyros & Pancaro, Cosimo, 2020. "Fire sales by euro area banks and funds: what is their asset price impact?," Working Paper Series 2491, European Central Bank.
    49. Bank for International Settlements, 2019. "Asia-Pacific fixed income markets: evolving structure, participation and pricing," BIS Papers, Bank for International Settlements, number 102.
    50. Jimmy Shek & Ilhyock Shim & Hyun Song Shin, 2015. "Investor redemptions and fund manager sales of emerging market bonds: how are they related?," BIS Working Papers 509, Bank for International Settlements.
    51. Ulf Lewrick & Jochen Schanz, 2017. "Is the price right? Swing pricing and investor redemptions," BIS Working Papers 664, Bank for International Settlements.
    52. Robin Koepke & Simon Paetzold, 2024. "Capital flow data—A guide for empirical analysis and real‐time tracking," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 311-331, January.
    53. Calimani, Susanna & Hałaj, Grzegorz & Żochowski, Dawid, 2017. "Simulating fire-sales in a banking and shadow banking system," ESRB Working Paper Series 46, European Systemic Risk Board.
    54. Ferriani, Fabrizio, 2021. "From taper tantrum to Covid-19: Portfolio flows to emerging markets in periods of stress," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 74(C).
    55. Johan Sulaeman, 2019. "Comments on "The role of different institutional investors in Asia-Pacific bond markets during the taper tantrum"," BIS Papers chapters, in: Bank for International Settlements (ed.), Asia-Pacific fixed income markets: evolving structure, participation and pricing, volume 102, pages 143-145, Bank for International Settlements.
    56. Thiago Fauvrelle & Mathias Skrutkowski, 2023. "Collateral pledgeability and asset manager portfolio choices during redemption waves," Working Papers 58, European Stability Mechanism, revised 12 Dec 2023.
    57. Antonio Falato & Itay Goldstein & Ali Hortaçsu, 2020. "Financial Fragility in the COVID-19 Crisis: The Case of Investment Funds in Corporate Bond Markets," Working Papers 2020-98, Becker Friedman Institute for Research In Economics.
    58. Wang, Hu & Li, Shouwei & Ma, Yuyin & Jiang, Shuyang, 2022. "Does investor sentiment affect fund crashes? Evidence from Chinese open-end funds," The North American Journal of Economics and Finance, Elsevier, vol. 60(C).
    59. Joe‐Ming Lee, 2021. "Regime switching dynamics in mutual fund cash holdings, risk, and size threshold effect," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 2832-2845, April.

  16. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2016. "Selling to Intermediaries: Optimal Auction Design in a Common Value Model," Cowles Foundation Discussion Papers 2064R, Cowles Foundation for Research in Economics, Yale University, revised Jul 2017.

    Cited by:

    1. Giuseppe Lopomo & Luca Rigotti & Chris Shannon, 2019. "Detectability, Duality, and Surplus Extraction," Papers 1905.12788, arXiv.org, revised Oct 2021.
    2. Gagan Aggarwal & Kshipra Bhawalkar & Guru Guruganesh & Andres Perlroth, 2021. "Maximizing revenue in the presence of intermediaries," Papers 2111.10472, arXiv.org.
    3. Dirk Bergemann & Juuso Välimäki, 2019. "Dynamic Mechanism Design: An Introduction," Journal of Economic Literature, American Economic Association, vol. 57(2), pages 235-274, June.

  17. Stephen Morris & Ming Yang, 2016. "Coordination and Continuous Choice," Working Papers 087_2017, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Botond Kőszegi & Filip Matějka, 2020. "Choice Simplification: A Theory of Mental Budgeting and Naive Diversification [“Fungibility, Labels, and Consumption,”]," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(2), pages 1153-1207.
    2. Mogens Fosgerau & Emerson Melo & André de Palma & Matthew Shum, 2017. "Discrete Choice and Rational Inattention: A General Equivalence Result," Working Papers hal-01501313, HAL.
    3. David Walker-Jones, 2019. "Rational Inattention and Perceptual Distance," Papers 1909.00888, arXiv.org, revised Dec 2019.
    4. Luciano Pomatto & Philipp Strack & Omer Tamuz, 2018. "The Cost of Information: The Case of Constant Marginal Costs," Papers 1812.04211, arXiv.org, revised Feb 2023.

  18. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2016. "Informationally Robust Optimal Auction Design," Cowles Foundation Discussion Papers 2065, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    2. Zhaolin Li & Samuel N. Kirshner, 2021. "Salesforce Compensation and Two‐Sided Ambiguity: Robust Moral Hazard with Moment Information," Production and Operations Management, Production and Operations Management Society, vol. 30(9), pages 2944-2961, September.
    3. Fu, Hu & Haghpanah, Nima & Hartline, Jason & Kleinberg, Robert, 2021. "Full surplus extraction from samples," Journal of Economic Theory, Elsevier, vol. 193(C).
    4. Yi-Chun Chen & Xiangqian Yang, 2020. "Information Design in Optimal Auctions," Papers 2010.08990, arXiv.org, revised Oct 2022.
    5. Chen, Yi-Chun & Yang, Xiangqian, 2023. "Information design in optimal auctions," Journal of Economic Theory, Elsevier, vol. 212(C).
    6. Carl Heese & Stephan Lauermann, 2021. "Persuasion and Information Aggregation in Elections," ECONtribute Discussion Papers Series 112, University of Bonn and University of Cologne, Germany.
    7. Wanchang Zhang, 2021. "Random Double Auction: A Robust Bilateral Trading Mechanism," Papers 2105.05427, arXiv.org, revised May 2022.
    8. Benjamin Brooks & Songzi Du, 2021. "Optimal Auction Design With Common Values: An Informationally Robust Approach," Econometrica, Econometric Society, vol. 89(3), pages 1313-1360, May.
    9. Yeon-Koo Che & Weijie Zhong, 2021. "Robustly Optimal Mechanisms for Selling Multiple Goods," Papers 2105.02828, arXiv.org, revised Aug 2022.
    10. Alexander V. Kolesnikov & Fedor Sandomirskiy & Aleh Tsyvinski & Alexander P. Zimin, 2022. "Beckmann's approach to multi-item multi-bidder auctions," Papers 2203.06837, arXiv.org, revised Sep 2022.
    11. Amine Allouah & Omar Besbes, 2020. "Prior-Independent Optimal Auctions," Management Science, INFORMS, vol. 66(10), pages 4417-4432, October.
    12. Ethan Che, 2019. "Distributionally Robust Optimal Auction Design under Mean Constraints," Papers 1911.07103, arXiv.org, revised Feb 2022.
    13. Bergemann, Dirk & Brooks, Benjamin A & Morris, Stephen, 2018. "Revenue Guarantee Equivalence," CEPR Discussion Papers 12964, C.E.P.R. Discussion Papers.
    14. Carl Heese & Stephan Lauermann, 2019. "Persuasion and Information Aggregation in Large Elections," CRC TR 224 Discussion Paper Series crctr224_2019_128, University of Bonn and University of Mannheim, Germany.
    15. Wanchang Zhang, 2021. "Correlation-Robust Optimal Auctions," Papers 2105.04697, arXiv.org, revised May 2022.
    16. Ju Hu & Xi Weng, 2021. "Robust persuasion of a privately informed receiver," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(3), pages 909-953, October.
    17. Satoshi Nakada & Shmuel Nitzan & Takashi Ui, 2022. "Robust Voting under Uncertainty," Working Papers on Central Bank Communication 038, University of Tokyo, Graduate School of Economics.
    18. NAKADA, Satoshi & NITZAN, Shmuel & UI, Takashi & 宇井, 貴志, 2017. "Robust Voting under Uncertainty," Discussion paper series HIAS-E-60, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    19. He, Wei & Li, Jiangtao, 2022. "Correlation-robust auction design," Journal of Economic Theory, Elsevier, vol. 200(C).
    20. Wanchang Zhang, 2022. "Robust Private Supply of a Public Good," Papers 2201.00923, arXiv.org, revised Jan 2022.

  19. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion and Bayes Correlated Equilibrium," Cowles Foundation Discussion Papers 2027, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. T. Tony Ke & Jiwoong Shin & Jungju Yu, 2023. "A Model of Product Portfolio Design: Guiding Consumer Search Through Brand Positioning," Marketing Science, INFORMS, vol. 42(6), pages 1101-1124, November.
    3. Arda Gitmez & Konstantine Sonin & Austin L. Wright, 2020. "Political Economy of Crisis Response," Working Papers 2020-68, Becker Friedman Institute for Research In Economics.
    4. Gao, Pingyang & Jiang, Xu, 2020. "The economic consequences of discrete recognition and continuous measurement," Journal of Accounting and Economics, Elsevier, vol. 69(1).
    5. Arieli, Itai & Babichenko, Yakov, 2019. "Private Bayesian persuasion," Journal of Economic Theory, Elsevier, vol. 182(C), pages 185-217.
    6. Denter, Philipp & Ginzburg, Boris, 2021. "Troll Farms and Voter Disinformation," MPRA Paper 109634, University Library of Munich, Germany.
    7. Masaki Miyashita & Takashi Ui, 2023. "LQG Information Design," Papers 2312.09479, arXiv.org.
    8. Bruno Salcedo, 2019. "Persuading part of an audience," Papers 1903.00129, arXiv.org.
    9. Asriyan, Vladimir & Foarta, Dana & Vanasco, Victoria, 2020. "The Good, the Bad and the Complex: Product Design with Impeperfect Information," Research Papers 3885, Stanford University, Graduate School of Business.
    10. Azarmsa, Ehsan & Cong, Lin William, 2020. "Persuasion in relationship finance," Journal of Financial Economics, Elsevier, vol. 138(3), pages 818-837.
    11. Deepanshu Vasal, 2020. "Dynamic information design," Papers 2005.07267, arXiv.org.
    12. Michel Grabisch & Agnieszka Rusinowska, 2020. "A Survey on Nonstrategic Models of Opinion Dynamics," Post-Print halshs-03161820, HAL.
    13. Pham, Hien, "undated". "a reprendre_ WP annulé," TSE Working Papers 21-1263, Toulouse School of Economics (TSE).
    14. Inderst, Roman & Opp, Marcus, 2019. "Only time will tell: A theory of deferred compensation," CEPR Discussion Papers 13643, C.E.P.R. Discussion Papers.
    15. Elchanan Mossel & Manuel Mueller-Frank & Allan Sly & Omer Tamuz, 2012. "Social learning equilibria," Papers 1207.5895, arXiv.org, revised Sep 2019.
    16. Florian Diekert & Daniel Heyen & Frikk Nesje & Soheil Shayegh, 2024. "Balancing the Risk of Tipping: Early Warning Systems from Detection to Management," CESifo Working Paper Series 10892, CESifo.
    17. Garcia, Daniel & Tsur, Matan, 2021. "Information design in competitive insurance markets," Journal of Economic Theory, Elsevier, vol. 191(C).
    18. Tao Wu & Lin Gui & Liguo Zhang & Chih-Chun Kung, 2023. "Information Jamming and Capture Cost: A Global Game Analysis of Collective Action," SAGE Open, , vol. 13(1), pages 21582440221, January.
    19. Chan, Jimmy & Gupta, Seher & Li, Fei & Wang, Yun, 2019. "Pivotal persuasion," Journal of Economic Theory, Elsevier, vol. 180(C), pages 178-202.
      • Jimmy Chan & Seher Gupta & Fei Li & Yun Wang, 2018. "Pivotal Persuasion," Working Papers 2018-11-03, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    20. Le Treust, Maël & Tomala, Tristan, 2019. "Persuasion with limited communication capacity," Journal of Economic Theory, Elsevier, vol. 184(C).
    21. Jann, Ole & Schottmüller, Christoph, 2021. "Regime change games with an active defender," Games and Economic Behavior, Elsevier, vol. 129(C), pages 96-113.
    22. Yunus C. Aybas & Eray Turkel, 2019. "Persuasion with Coarse Communication," Papers 1910.13547, arXiv.org, revised Sep 2022.
    23. Farzaneh Farhadi & Demosthenis Teneketzis, 2022. "Dynamic Information Design: A Simple Problem on Optimal Sequential Information Disclosure," Dynamic Games and Applications, Springer, vol. 12(2), pages 443-484, June.
    24. Aristidou, Andreas & Coricelli, Giorgio & Vostroknutov, Alexander, 2019. "Incentives or Persuasion? An Experimental Investigation," Research Memorandum 012, Maastricht University, Graduate School of Business and Economics (GSBE).
    25. Roweno J. R. K. Heijmans, 2023. "Unraveling Coordination Problems," Papers 2307.08557, arXiv.org, revised Aug 2023.
    26. Brett R Gordon & Kinshuk Jerath & Zsolt Katona & Sridhar Narayanan & Jiwoong Shin & Kenneth C Wilbur, 2019. "Inefficiencies in Digital Advertising Markets," Papers 1912.09012, arXiv.org, revised Feb 2020.
    27. Leitner, Yaron & Yilmaz, Bilge, 2019. "Regulating a model," Journal of Financial Economics, Elsevier, vol. 131(2), pages 251-268.
    28. Charlson, G., 2021. "Third-Degree Price Discrimination in the Age of Big Data," Janeway Institute Working Papers 2104, Faculty of Economics, University of Cambridge.
    29. Semyon Malamud & Anna Cieslak & Andreas Schrimpf, 2021. "Optimal Transport of Information," Papers 2102.10909, arXiv.org, revised Mar 2021.
    30. Majid Mahzoon, 2022. "Hierarchical Bayesian Persuasion: Importance of Vice Presidents," Papers 2204.05304, arXiv.org, revised Jul 2022.
    31. Saori Chiba & Chien-Yuan Sher & Min-Hsueh Tsai, 2021. "Can a lengthy application title make an application successful? A perspective of information theory," KIER Working Papers 1058, Kyoto University, Institute of Economic Research.
    32. Herbert Sylvérie, 2022. "State-dependent Central Bank Communication with Heterogeneous Beliefs," Working papers 875, Banque de France.
    33. Ichihashi, Shota, 2019. "Limiting Sender's information in Bayesian persuasion," Games and Economic Behavior, Elsevier, vol. 117(C), pages 276-288.
    34. Jacqueline Sanchez-Rabaza & Jose Maria Rocha-Martinez & Julio B. Clempner, 2023. "Characterizing Manipulation via Machiavellianism," Mathematics, MDPI, vol. 11(19), pages 1-19, September.
    35. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    36. Edmond, Chris & Lu, Yang K., 2021. "Creating confusion," Journal of Economic Theory, Elsevier, vol. 191(C).
    37. Takashi Ui, 2020. "LQG Information Design," Working Papers on Central Bank Communication 018, University of Tokyo, Graduate School of Economics.
    38. Ludmila Matyskova, 2018. "Bayesian Persuasion with Costly Information Acquisition," CERGE-EI Working Papers wp614, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    39. Semyon Malamud & Andreas Schrimpf, 2021. "Persuasion by Dimension Reduction," Papers 2110.08884, arXiv.org, revised Oct 2022.
    40. Raphael Boleslavsky & Mehdi Shadmehr & Konstantin Sonin, 2021. "Media Freedom in the Shadow of a Coup," Journal of the European Economic Association, European Economic Association, vol. 19(3), pages 1782-1815.
    41. Beissner, Patrick & Tölle, Jonas, 2018. "A Compact Topology for Sigma-Algebra Convergence," Rationality and Competition Discussion Paper Series 74, CRC TRR 190 Rationality and Competition.
    42. Parakhonyak, Alexei & Vikander, Nick, 2023. "Information design through scarcity and social learning," Journal of Economic Theory, Elsevier, vol. 207(C).
    43. Du, Ninghua & Shahriar, Quazi, 2024. "Information disclosure in mitigating moral hazard: An experimental investigation," Games and Economic Behavior, Elsevier, vol. 144(C), pages 284-299.
    44. Charlson, G., 2021. "Third-Degree Price Discrimination in the Age of Big Data," Cambridge Working Papers in Economics 2159, Faculty of Economics, University of Cambridge.
    45. Amy Pei & Dina Mayzlin, 2022. "Influencing Social Media Influencers Through Affiliation," Marketing Science, INFORMS, vol. 41(3), pages 593-615, May.
    46. Balzer, Benjamin & Schneider, Johannes, 2023. "Mechanism design with informational punishment," Games and Economic Behavior, Elsevier, vol. 140(C), pages 197-209.

  20. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Cowles Foundation Discussion Papers 2066, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Pierpaolo Battigalli & Gabriele Beneduci & Pietro Tebaldi, 2017. "Interactive Epistemology in Simple Dynamic Games with a Continuum of Strategies," Working Papers 602, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    2. Kojevnikov, Denis & Song, Kyungchul, 2023. "Econometric inference on a large Bayesian game with heterogeneous beliefs," Journal of Econometrics, Elsevier, vol. 237(1).
    3. R Jain & M Lombardi, 2022. "On the Relationship between Robust and Rationalizable Implementation," Working Papers 202204, University of Liverpool, Department of Economics.
    4. Kivinen, Steven, 2023. "On the manipulability of equitable voting rules," Games and Economic Behavior, Elsevier, vol. 141(C), pages 286-302.
    5. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    6. George-Marios Angeletos & Karthik A. Sastry, 2018. "Managing Expectations: Instruments vs. Targets," NBER Working Papers 25404, National Bureau of Economic Research, Inc.
    7. Jaeok Park & Doo Hyung Yun, 2023. "Possibilistic beliefs in strategic games," Theory and Decision, Springer, vol. 95(2), pages 205-228, August.
    8. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
    9. Koh, Paul S., 2023. "Stable outcomes and information in games: An empirical framework," Journal of Econometrics, Elsevier, vol. 237(1).

  21. Stephen Morris & Muhamet Yildiz, 2016. "Crises: Equilibrium Shifts and Large Shocks," Working Papers 083_2016, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Chanelle Duley & Prasanna Gai, 2020. "When the penny doesn't drop - Macroeconomic tail risk and currency crises," National Institute of Economic and Social Research (NIESR) Discussion Papers 520, National Institute of Economic and Social Research.
    2. Willemien Kets & Alvaro Sandroni, 2021. "A Theory of Strategic Uncertainty and Cultural Diversity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(1), pages 287-333.
    3. Kets, Willemien & Kager, Wouter & Sandroni, Alvaro, 2021. "The Value of a Coordination Game," SocArXiv ymzrd, Center for Open Science.
    4. Stefano Giglio & Matteo Maggiori & Johannes Stroebel & Stephen Utkus, 2020. "Inside the Mind of a Stock Market Crash," CESifo Working Paper Series 8334, CESifo.
    5. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2020. "Background risk and small-stakes risk aversion," Papers 2010.08033, arXiv.org, revised Mar 2021.
    6. Lukasz Balbusy & Pawel Dziewulski & Kevin Reffett & Lukasz Wozny, 2020. "Markov distributional equilibrium dynamics in games with complementarities and no aggregate risk," Working Paper Series 1320, Department of Economics, University of Sussex Business School.
    7. Isabel Trevino, 2020. "Informational Channels of Financial Contagion," Econometrica, Econometric Society, vol. 88(1), pages 297-335, January.
    8. Chanelle Duley & Prasanna Gai, 2023. "Macroeconomic tail risk, currency crises and the inter‐war gold standard," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(4), pages 1551-1582, November.
    9. Willem L. Heeringa & Job Swank, 2019. "Heterogeneous Consumers, Credit Rationing, and Tax-Benefit Policies," De Economist, Springer, vol. 167(2), pages 105-126, June.
    10. Zhang, Min, 2021. "Non-monotone social learning," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 565-579.

  22. George J. Mailath & Stephen Morris & Andrew Postlewaite, 2016. "Laws and Authority," PIER Working Paper Archive 16-018, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 08 Nov 2016.
    • George J. Mailath & Stephen Morris & Andrew Postlewaite, 2016. "Laws and Authority," Working Papers 082_2016, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2001. "Courts of Law and Unforeseen Contingencies," CEPR Discussion Papers 2835, C.E.P.R. Discussion Papers.
    2. Giampaolo Lecce & Laura Ogliari, 2017. "Institutional Transplant and Cultural Proximity: Evidence from Nineteenth-Century Prussia," Working Papers 598, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    3. Mariano Tommasi, 2006. "The Institutional Foundations of Public Policy," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 1-36, January.
    4. Liu, Ce & Ali, S. Nageeb, 2019. "Conventions and Coalitions in Repeated Games," Working Papers 2019-8, Michigan State University, Department of Economics.

  23. Stephen Morris & Ming Yang, 2016. "Coordination and the Relative Cost of Distinguishing Nearby States," Working Papers 079_2016, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Mensch, Jeffrey, 2021. "Rational inattention and the monotone likelihood ratio property," Journal of Economic Theory, Elsevier, vol. 196(C).
    2. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    3. Hebert, Benjamin & Woodford, Michael, 2018. "Information Costs and Sequential Information Sampling," Research Papers 3751, Stanford University, Graduate School of Business.
    4. George-Marios Angeletos & Karthik Sastry, 2019. "Inattentive Economies," NBER Working Papers 26413, National Bureau of Economic Research, Inc.
    5. Benjamin Hébert & Michael Woodford, 2017. "Rational Inattention and Sequential Information Sampling," NBER Working Papers 23787, National Bureau of Economic Research, Inc.
    6. Benjamin M. Hébert & Michael Woodford, 2020. "Neighborhood-Based Information Costs," NBER Working Papers 26743, National Bureau of Economic Research, Inc.
    7. Stephen Morris & Ming Yang, 2016. "Coordination and Continuous Choice," Working Papers 087_2017, Princeton University, Department of Economics, Econometric Research Program..
    8. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.

  24. Stephen Morris & Hyun Song Shin, 2016. "Illiquidity Component of Credit Risk," Working Papers 081_2016, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Setzer, Ralph & Stieglitz, Moritz, 2019. "Firm-level employment, labour market reforms, and bank distress," Working Paper Series 2334, European Central Bank.
    2. Schilling, Linda, 2019. "Optimal Forbearance of Bank Resolution," CEPR Discussion Papers 14244, C.E.P.R. Discussion Papers.
    3. Aikman, David & Haldane, Andrew & Hinterschweiger, Marc & Kapadia, Sujit, 2018. "Rethinking financial stability," Bank of England working papers 712, Bank of England.
    4. Rana Yassir Hussain Xuezhou Wen Rehan Sohail Butt Haroon Hussain Sikandar Ali Qalati Irfan Abbas, 2020. "Are Growth Led Financing Decisions Causing Insolvency in Listed Firms of Pakistan?," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 23(2), pages 89-115, November.
    5. Martinez-Miera, David & Ahnert, Toni, 2021. "Bank Runs, Bank Competition and Opacity," CEPR Discussion Papers 16207, C.E.P.R. Discussion Papers.
    6. Naoto Okahara, 2019. "Banks’ disclosure of information and financial stability regulations," Evolutionary and Institutional Economics Review, Springer, vol. 16(1), pages 91-115, June.
    7. Rama Cont & Artur Kotlicki & Laura Valderrama, 2019. "Liquidity at risk: Joint stress testing of solvency and liquidity," Working Paper 2019/11, Norges Bank.
    8. Alexander Bechtel & Angelo Ranaldo & Jan Wrampelmeyer, 2019. "Liquidity Risk and Funding Cost," Working Papers on Finance 1903, University of St. Gallen, School of Finance, revised Aug 2020.
    9. Szkup, Michal, 2020. "Multiplier effect and comparative statics in global games of regime change," Theoretical Economics, Econometric Society, vol. 15(2), May.
    10. Javadi, Siamak & Mollagholamali, Mohsen, 2018. "Debt market illiquidity and correlated default risk," Finance Research Letters, Elsevier, vol. 26(C), pages 266-273.
    11. Choi, Dong Beom & Eisenbach, Thomas M. & Yorulmazer, Tanju, 2021. "Watering a lemon tree: Heterogeneous risk taking and monetary policy transmission," Journal of Financial Intermediation, Elsevier, vol. 47(C).
    12. Gersbach, Hans & Haller, Hans & Zelzner, Sebastian, 2023. "Enough liquidity with enough capital - And vice versa?," CFS Working Paper Series 714, Center for Financial Studies (CFS).
    13. Vo, Quynh-Anh, 2021. "Interactions of capital and liquidity requirements: a review of the literature," Bank of England working papers 916, Bank of England.
    14. Zhao Li & Kebin Ma, 2022. "Contagious Bank Runs and Committed Liquidity Support," Management Science, INFORMS, vol. 68(12), pages 9152-9174, December.

  25. Dirk Bergemann & Benjamin A. Brooks & Stephen Morris, 2015. "First Price Auctions with General Information Structures: Implications for Bidding and Revenue," Levine's Bibliography 786969000000001031, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. Taisuke Otsu & Martin Pesendorfer & Yuya Sasaki & Yuya Takahashi, 2020. "Estimation of (static or dynamic) games under equilibrium multiplicity," STICERD - Econometrics Paper Series 611, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    3. Armstrong, Mark & Zhou, Jidong, 2021. "Consumer Information and the Limits to Competition," MPRA Paper 108395, University Library of Munich, Germany.
    4. Vitali Gretschko & Helene Mass, 2023. "Worst-Case Equilibria in First-Price Auctions," CRC TR 224 Discussion Paper Series crctr224_2023_434, University of Bonn and University of Mannheim, Germany.
    5. Gretschko, Vitali & Mass, Helene, 2018. "Endogenous worst-case beliefs in first-price auctions," ZEW Discussion Papers 18-056, ZEW - Leibniz Centre for European Economic Research.
    6. Vasilis Syrgkanis & Elie Tamer & Juba Ziani, 2017. "Inference on Auctions with Weak Assumptions on Information," Papers 1710.03830, arXiv.org, revised Mar 2018.
    7. Alex Suzdaltsev, 2020. "Distributionally Robust Pricing in Independent Private Value Auctions," Papers 2008.01618, arXiv.org, revised Aug 2020.
    8. Garrett, Daniel, 2020. "Payoff Implications of Incentive Contracting," CEPR Discussion Papers 14725, C.E.P.R. Discussion Papers.
    9. Laohakunakorn, Krittanai & Levy, Gilat & Razin, Ronny, 2019. "Private and common value auctions with ambiguity over correlation," Journal of Economic Theory, Elsevier, vol. 184(C).
    10. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2016. "Selling to Intermediaries: Optimal Auction Design in a Common Value Model," Cowles Foundation Discussion Papers 2064R, Cowles Foundation for Research in Economics, Yale University, revised Jul 2017.
    11. Wanchang Zhang, 2021. "Random Double Auction: A Robust Bilateral Trading Mechanism," Papers 2105.05427, arXiv.org, revised May 2022.
    12. Masaki Miyashita & Takashi Ui, 2023. "LQG Information Design," Papers 2312.09479, arXiv.org.
    13. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2019. "Counterfactuals with Latent Information," Cowles Foundation Discussion Papers 2162R3, Cowles Foundation for Research in Economics, Yale University, revised Aug 2021.
    14. Kevin He & Fedor Sandomirskiy & Omer Tamuz, 2022. "Private Private Information," PIER Working Paper Archive 22-004, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    15. Tommaso Denti & Doron Ravid, 2023. "Robust Predictions in Games with Rational Inattention," Papers 2306.09964, arXiv.org.
    16. Yi-Chun Chen & Gaoji Hu & Xiangqian Yang, 2022. "Information Design in Allocation with Costly Verification," Papers 2210.16001, arXiv.org.
    17. Zhuoqiong Chen, 2021. "All-pay auctions with private signals about opponents’ values," Review of Economic Design, Springer;Society for Economic Design, vol. 25(1), pages 33-64, June.
    18. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    19. Sylvain Chassang & Kei Kawai & Jun Nakabayashi & Juan M. Ortner, 2019. "Data Driven Regulation: Theory and Application to Missing Bids," NBER Working Papers 25654, National Bureau of Economic Research, Inc.
    20. Sosung Baik & Sung-Ha Hwang, 2022. "Revenue Comparisons of Auctions with Ambiguity Averse Sellers," Papers 2211.12669, arXiv.org.
    21. Dirk Bergemann & Tibor Heumann & Stephen Morris & Constantine Sorokin & Eyal Winter, 2021. "Selling Impressions: Efficiency vs. Competition," Cowles Foundation Discussion Papers 2300, Cowles Foundation for Research in Economics, Yale University.
    22. Richard McLean & Andrew Postlewaite, 2018. "A Very Robust Auction Mechanism," PIER Working Paper Archive 18-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 16 Jan 2018.
    23. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium," American Economic Review, American Economic Association, vol. 106(5), pages 586-591, May.
    24. Benjamin Brooks & Songzi Du, 2021. "Optimal Auction Design With Common Values: An Informationally Robust Approach," Econometrica, Econometric Society, vol. 89(3), pages 1313-1360, May.
    25. Andreas A. Haupt & Nicole Immorlica & Brendan Lucier, 2023. "Certification Design for a Competitive Market," Papers 2301.13449, arXiv.org.
    26. Modibo Camara & Jason Hartline & Aleck Johnsen, 2020. "Mechanisms for a No-Regret Agent: Beyond the Common Prior," Papers 2009.05518, arXiv.org.
    27. Suzdaltsev, Alex, 2022. "Distributionally robust pricing in independent private value auctions," Journal of Economic Theory, Elsevier, vol. 206(C).
    28. Andreas Hefti & Peiyao Shen & Regina Betz, 2019. "Market power and information effects in a multi-unit auction," ECON - Working Papers 320, Department of Economics - University of Zurich.
    29. Mass, Helene, 2018. "Strategies under strategic uncertainty," ZEW Discussion Papers 18-055, ZEW - Leibniz Centre for European Economic Research.
    30. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2016. "Optimal Auction Design in a Common Value Model," Working Papers 085_2016, Princeton University, Department of Economics, Econometric Research Program..
    31. Lu, Jiaxuan, 2023. "The economics of China’s between-city height competition: A regression discontinuity approach," Regional Science and Urban Economics, Elsevier, vol. 100(C).
    32. S. Nageeb Ali & Nima Haghpanah & Xiao Lin & Ron Siegel, 2020. "How to Sell Hard Information," Papers 2010.08037, arXiv.org.
    33. Aijun Liu & Yaxuan Xiao & Zengxian Li & Ruiyao Wang, 2022. "An agent‐based multiattribute reverse auction approach for online secondhand commodities," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(1), pages 129-145, January.
    34. Dirk Bergemann & Paul Duetting & Renato Paes Leme & Song Zuo, 2021. "Calibrated Click-Through Auctions: An Information Design Approach," Cowles Foundation Discussion Papers 2285, Cowles Foundation for Research in Economics, Yale University.
    35. Xu Lang, 2023. "A Belief-Based Characterization of Reduced-Form Auctions," Papers 2307.04070, arXiv.org.
    36. Emiliano Cantonini & Antonio Penta, 2022. "Backward induction reasoning beyond backward induction," Economics Working Papers 1815, Department of Economics and Business, Universitat Pompeu Fabra.
    37. Alexander Teytelboym & Shengwu Li & Scott Duke Kominers & Mohammad Akbarpour & Piotr Dworczak, 2021. "Discovering Auctions: Contributions of Paul Milgrom and Robert Wilson," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(3), pages 709-750, July.
    38. Tingjun Liu & Dan Bernhardt, 2021. "Rent Extraction with Securities Plus Cash," Journal of Finance, American Finance Association, vol. 76(4), pages 1869-1912, August.
    39. Catonini, Emiliano & Penta, Antonio, 2022. "Backward Induction Reasoning beyond Backward Induction," TSE Working Papers 22-1298, Toulouse School of Economics (TSE).
    40. Mohammad Akbarpour & Shengwu Li, 2020. "Credible Auctions: A Trilemma," Econometrica, Econometric Society, vol. 88(2), pages 425-467, March.
    41. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    42. Kai Hao Yang & Alexander K. Zentefis, 2022. "Gerrymandering and the Limits of Representative Democracy," Cowles Foundation Discussion Papers 2328, Cowles Foundation for Research in Economics, Yale University.
    43. Takashi Ui, 2020. "LQG Information Design," Working Papers on Central Bank Communication 018, University of Tokyo, Graduate School of Economics.
    44. Hyeon Park, 2019. "Multi-bidder First Price Auction with Beliefs," Studies in Microeconomics, , vol. 7(1), pages 140-160, June.
    45. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2018. "Countering the Winner's Curse: Optimal Auction Design in a Common Value Model," Cowles Foundation Discussion Papers 2147R, Cowles Foundation for Research in Economics, Yale University, revised Jun 2019.
    46. Itzhak Rasooly & Carlos Gavidia-Calderon, 2020. "The importance of being discrete: on the inaccuracy of continuous approximations in auction theory," Papers 2006.03016, arXiv.org, revised Aug 2022.
    47. Kim, Kyungmin & Koh, Youngwoo, 2022. "Auctions with flexible information acquisition," Games and Economic Behavior, Elsevier, vol. 133(C), pages 256-281.
    48. Jonathan Libgober & Xiaosheng Mu, 2022. "Coasian Dynamics under Informational Robustness," Papers 2202.04616, arXiv.org, revised Jan 2023.
    49. Benjamin Balzer & Antonio Rosato & Jonas von Wangenheim, 2021. "Dutch vs. First-Price Auctions With Expectations-Based Loss-Averse Bidders," CRC TR 224 Discussion Paper Series crctr224_2021_314, University of Bonn and University of Mannheim, Germany.
    50. Laohakunakorn, Krittanai & Levy, Gilat & Razin, Ronny, 2019. "Private and common value auctions with ambiguity over correlation," LSE Research Online Documents on Economics 101410, London School of Economics and Political Science, LSE Library.
    51. Kim, Jinwoo & Koh, Youngwoo, 2020. "Learning rivals' information in interdependent value auctions," Journal of Economic Theory, Elsevier, vol. 187(C).
    52. He, Wei & Li, Jiangtao, 2022. "Correlation-robust auction design," Journal of Economic Theory, Elsevier, vol. 200(C).
    53. Wanchang Zhang, 2022. "Robust Private Supply of a Public Good," Papers 2201.00923, arXiv.org, revised Jan 2022.
    54. Pycia, Marek & Woodward, Kyle, 2021. "Auctions of Homogeneous Goods: A Case for Pay-as-Bid," CEPR Discussion Papers 15656, C.E.P.R. Discussion Papers.
    55. Emiliano Catonini & Antonio Penta, 2022. "Backward Induction Reasoning beyond Backward Induction," Working Papers 1315, Barcelona School of Economics.
    56. Yingkai Li, 2021. "Selling Data to an Agent with Endogenous Information," Papers 2103.05788, arXiv.org, revised Aug 2023.
    57. Komal Malik, 2022. "Optimal Robust Mechanism in Bilateral Trading," Papers 2212.14367, arXiv.org.
    58. Xi Chen & Binghui Peng, 2023. "Complexity of Equilibria in First-Price Auctions under General Tie-Breaking Rules," Papers 2303.16388, arXiv.org.

  26. Stephen Morris & Hyun Song Shin, 2015. "Risk Premium Shifts and Monetary Policy: A Coordination Approach," Working Papers 075_2016, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Schmeling, Maik & Schrimpf, Paul & Kroencke, Tim, 2019. "The FOMC Risk Shift," CEPR Discussion Papers 14037, C.E.P.R. Discussion Papers.
    2. Stephen Morris & Ilhyock Shim & Hyun Song Shin, 2017. "Redemption risk and cash hoarding by asset managers," BIS Working Papers 608, Bank for International Settlements.
    3. Barbu, Alexandru & Fricke, Christoph & ,, 2020. "Procyclical Asset Management and Bond Risk Premia," CEPR Discussion Papers 15123, C.E.P.R. Discussion Papers.
    4. Dasgupta, Amil & Burkart, Mike, 2020. "Competition for flow and and short-termism in activism," LSE Research Online Documents on Economics 106516, London School of Economics and Political Science, LSE Library.
    5. W. Scott Frame & Eva Steiner, 2022. "Quantitative easing and agency MBS investment and financing choices by mortgage REITs," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 50(4), pages 931-965, December.
    6. Giuzio, Margherita & Kaufmann, Christoph & Ryan, Ellen & Cappiello, Lorenzo, 2021. "Investment funds, risk-taking, and monetary policy in the euro area," Working Paper Series 2605, European Central Bank.
    7. Agur, Itai, 2019. "Monetary and macroprudential policy coordination among multiple equilibria," Journal of International Money and Finance, Elsevier, vol. 96(C), pages 192-209.
    8. Arantxa Jarque & Edward Simpson Prescott, 2019. "Banker Compensation, Relative Performance, and Bank Risk," Working Papers 19-20, Federal Reserve Bank of Cleveland.
    9. Caio Machado, 2023. "Managing Overreaction During a Run," Documentos de Trabajo 574, Instituto de Economia. Pontificia Universidad Católica de Chile..
    10. Albertazzi, Ugo & Barbiero, Francesca & Marqués-Ibáñez, David & Popov, Alexander & Rodriguez d’Acri, Costanza & Vlassopoulos, Thomas, 2020. "Monetary policy and bank stability: the analytical toolbox reviewed," Working Paper Series 2377, European Central Bank.
    11. W. Scott Frame & Eva Steiner, 2018. "Unconventional Monetary Policy and Risk-Taking: Evidence from Agency Mortgage REITs," FRB Atlanta Working Paper 2018-8, Federal Reserve Bank of Atlanta.
    12. Mr. Itai Agur & Ms. Maria Demertzis, 2015. "Will Macroprudential Policy Counteract Monetary Policy’s Effects on Financial Stability?," IMF Working Papers 2015/283, International Monetary Fund.
    13. Dietrich Domanski & Hyun Song Shin & Vladyslav Sushko, 2017. "The Hunt for Duration: Not Waving but Drowning?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(1), pages 113-153, April.

  27. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2015. "Information and Market Power," Levine's Bibliography 786969000000001101, UCLA Department of Economics.

    Cited by:

    1. Asongu, Simplice & Odhiambo, Nicholas, 2018. "Testing the Quiet Life Hypothesis in the African Banking Industry," MPRA Paper 88525, University Library of Munich, Germany.
    2. Manzano, Carolina & Vives, Xavier, 2017. "Market Power and Welfare in Asymmetric Divisible Good Auctions," Working Papers 2072/292436, Universitat Rovira i Virgili, Department of Economics.
    3. Asongu, Simplice & Biekpe, Nicholas, 2017. "ICT, Information Asymmetry and Market Power in the African Banking Industry," MPRA Paper 81702, University Library of Munich, Germany.
    4. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    5. Ufuk Akcigit & Sina T. Ates, 2019. "Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory," NBER Working Papers 25755, National Bureau of Economic Research, Inc.
    6. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2015. "Information and Market Power," Cowles Foundation Discussion Papers 2017R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.

  28. Dirk Bergemann & Stephen Morris, 2015. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Levine's Bibliography 786969000000001085, UCLA Department of Economics.

    Cited by:

    1. Jonathan Libgober, 2021. "Identifying Wisdom (of the Crowd): A Regression Approach," Papers 2105.07097, arXiv.org, revised Apr 2023.
    2. Chenghan Zhou & Andrew Spivey & Haifeng Xu & Thanh H. Nguyen, 2023. "Information Design for Multiple Interdependent Defenders: Work Less, Pay Off More," Games, MDPI, vol. 14(1), pages 1-18, January.
    3. Alejandro Melo Ponce, 2018. "The Secret Behind The Tortoise and the Hare: Information Design in Contests," 2018 Papers pme809, Job Market Papers.
    4. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    5. Tang, Qianfeng, 2015. "Hierarchies of beliefs and the belief-invariant Bayesian solution," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 111-116.
    6. Li, Fei & Song, Yangbo & Zhao, Mofei, 2023. "Global manipulation by local obfuscation," Journal of Economic Theory, Elsevier, vol. 207(C).
    7. Frédéric Koessler & Marie Laclau & Tristan Tomala, 2022. "Interactive Information Design," Mathematics of Operations Research, INFORMS, vol. 47(1), pages 153-175, February.
    8. Jeanne Hagenbach & Frédéric Koessler, 2019. "Partial Language Competence," SciencePo Working papers Main halshs-01988076, HAL.
    9. Gleb Romanyuk & Alex Smolin, 2019. "Cream Skimming and Information Design in Matching Markets," American Economic Journal: Microeconomics, American Economic Association, vol. 11(2), pages 250-276, May.
    10. Ming Chen & Sareh Nabi & Marciano Siniscalchi, 2023. "Advancing Ad Auction Realism: Practical Insights & Modeling Implications," Papers 2307.11732, arXiv.org, revised Apr 2024.
    11. Vasilis Syrgkanis & Elie Tamer & Juba Ziani, 2017. "Inference on Auctions with Weak Assumptions on Information," Papers 1710.03830, arXiv.org, revised Mar 2018.
    12. Oriol Carbonell-Nicolau, 2017. "Equilibria in Infinite Games of Incomplete Information," Departmental Working Papers 201702, Rutgers University, Department of Economics.
    13. Bara Kim & Seung Han Yoo, 2022. "Grand Mechanism and Population Uncertainty," Discussion Paper Series 2204, Institute of Economic Research, Korea University.
    14. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Working Papers 1464, Princeton University, Department of Economics, Econometric Research Program..
    15. Furkan Sezer & Ceyhun Eksin, 2022. "Information Preferences of Individual Agents in Linear-Quadratic-Gaussian Network Games," Papers 2203.13056, arXiv.org.
    16. Eduardo Perez & Vasiliki Skreta, 2018. "Test Design Under Falsification," Working Papers hal-03393136, HAL.
    17. Arieli, Itai & Babichenko, Yakov, 2019. "Private Bayesian persuasion," Journal of Economic Theory, Elsevier, vol. 182(C), pages 185-217.
    18. Garrett, Daniel, 2020. "Payoff Implications of Incentive Contracting," CEPR Discussion Papers 14725, C.E.P.R. Discussion Papers.
    19. Skreta, Vasiliki & Koessler, Frédéric, 2021. "Information Design by an Informed Designer," CEPR Discussion Papers 15709, C.E.P.R. Discussion Papers.
    20. Zhang Xu & Mingsheng Zhang & Wei Zhao, 2024. "Algorithmic Collusion and Price Discrimination: The Over-Usage of Data," Papers 2403.06150, arXiv.org.
    21. Carl Heese & Stephan Lauermann, 2021. "Persuasion and Information Aggregation in Elections," ECONtribute Discussion Papers Series 112, University of Bonn and University of Cologne, Germany.
    22. Luo, Xiao & Qiao, Yongchuan & Sun, Yang, 2022. "A revelation principle for correlated equilibrium under trembling-hand perfection," Journal of Economic Theory, Elsevier, vol. 200(C).
    23. Yang, Chao & Lee, Lung-fei & Qu, Xi, 2018. "Tobit models with social interactions: Complete vs incomplete information," Regional Science and Urban Economics, Elsevier, vol. 73(C), pages 30-50.
    24. Solan, Eilon & Zhao, Chang, 2023. "When (not) to publicize inspection results," Journal of Economic Theory, Elsevier, vol. 210(C).
    25. Ryan Chahrour & Robert Ulbricht, 2017. "Robust Predictions for DSGE Models with Incomplete Information," Boston College Working Papers in Economics 925, Boston College Department of Economics, revised 10 Jun 2021.
    26. Masaki Miyashita & Takashi Ui, 2023. "LQG Information Design," Papers 2312.09479, arXiv.org.
    27. Kevin He & Fedor Sandomirskiy & Omer Tamuz, 2022. "Private Private Information," PIER Working Paper Archive 22-004, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    28. Dughmi, Shaddin, 2019. "On the hardness of designing public signals," Games and Economic Behavior, Elsevier, vol. 118(C), pages 609-625.
    29. Wu, Wenhao, 2023. "A geometric Blackwell’s order," Economics Letters, Elsevier, vol. 226(C).
    30. Tommaso Denti & Doron Ravid, 2023. "Robust Predictions in Games with Rational Inattention," Papers 2306.09964, arXiv.org.
    31. Dominik Grafenhofer & Wolfgang Kuhle, 2019. "Observing Actions in Bayesian Games," Papers 1904.10744, arXiv.org.
    32. Benjamin Brooks & Alexander Frankel & Emir Kamenica, 2022. "Information Hierarchies," Econometrica, Econometric Society, vol. 90(5), pages 2187-2214, September.
    33. Kerman, Toygar & Tenev, Anastas P., 2021. "Persuading communicating voters," Research Memorandum 003, Maastricht University, Graduate School of Business and Economics (GSBE).
    34. Kerman, Toygar & Herings, P. Jean-Jacques & Karos, Dominik, 2020. "Persuading Strategic Voters," Research Memorandum 004, Maastricht University, Graduate School of Business and Economics (GSBE).
    35. Benjamin Balzer & Johannes Schneider, 2022. "Mechanism Design with Informational Punishment," Papers 2201.01149, arXiv.org, revised Aug 2022.
    36. Anastasia Antsygina & Mariya Teteryatnikova, 2023. "Optimal information disclosure in contests with stochastic prize valuations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 743-780, April.
    37. Tang, Qianfeng, 2015. "Interim partially correlated rationalizability," Games and Economic Behavior, Elsevier, vol. 91(C), pages 36-44.
    38. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    39. Miltiadis Makris & Ludovic Renou, 2021. "Information Design in Multi-stage Games," Papers 2102.13482, arXiv.org, revised Apr 2021.
    40. Kolotilin, Anton & Li, Hongyi, 2021. "Relational communication," Theoretical Economics, Econometric Society, vol. 16(4), November.
    41. Kloosterman, Andrew, 2015. "Public information in Markov games," Journal of Economic Theory, Elsevier, vol. 157(C), pages 28-48.
    42. Heski Bar-Isaac & Ian Jewitt & Clare Leaver, 2021. "Adverse selection, efficiency and the structure of information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(2), pages 579-614, September.
    43. Germano, Fabrizio & Zuazo-Garin, Peio, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers 2072/260959, Universitat Rovira i Virgili, Department of Economics.
    44. Masaki Miyashita & Takashi Ui, 2024. "On the Pettis Integral Approach to Large Population Games," Papers 2403.17605, arXiv.org.
    45. Victor Aguirregabiria, 2020. "Identification of Firms' Beliefs in Structural Models of Market Competition," Working Papers tecipa-670, University of Toronto, Department of Economics.
    46. Kfir Eliaz & Ran Spiegler, 2024. "News Media as Suppliers of Narratives (and Information)," Papers 2403.09155, arXiv.org.
    47. Shih-Tang Su & Vijay G. Subramanian, 2022. "Order of Commitments in Bayesian Persuasion with Partial-informed Senders," Papers 2202.06479, arXiv.org.
    48. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium," American Economic Review, American Economic Association, vol. 106(5), pages 586-591, May.
    49. Benjamin Brooks & Songzi Du, 2021. "Optimal Auction Design With Common Values: An Informationally Robust Approach," Econometrica, Econometric Society, vol. 89(3), pages 1313-1360, May.
    50. Francesca Molinari, 2020. "Microeconometrics with Partial Identification," Papers 2004.11751, arXiv.org.
    51. Antonio Penta & Peio Zuazo-Garin, 2022. "Rationalizability, Observability, and Common Knowledge [Player Importance and Forward Induction]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(2), pages 948-975.
    52. Masaki Miyashita, 2024. "Identification of Information Structures in Bayesian Games," Papers 2403.11333, arXiv.org.
    53. Furkan Sezer & Hossein Khazaei & Ceyhun Eksin, 2021. "Maximizing Social Welfare and Agreement via Information Design in Linear-Quadratic-Gaussian Games," Papers 2102.13047, arXiv.org, revised Feb 2023.
    54. Jerry Anunrojwong & Krishnamurthy Iyer & David Lingenbrink, 2022. "Persuading Risk-Conscious Agents: A Geometric Approach," Papers 2208.03758, arXiv.org, revised Jul 2023.
    55. Correia-da-Silva, João, 2020. "Self-rejecting mechanisms," Games and Economic Behavior, Elsevier, vol. 120(C), pages 434-457.
    56. Krishnamurthy Iyer & Haifeng Xu & You Zu, 2023. "Markov Persuasion Processes with Endogenous Agent Beliefs," Papers 2307.03181, arXiv.org, revised Jul 2023.
    57. Cristina Gualdani & Shruti Sinha, 2023. "Identification in Discrete Choice Models with Imperfect Information," Working Papers 949, Queen Mary University of London, School of Economics and Finance.
    58. Gualdani, Cristina & Sinha, Shruti, 2019. "Identification and inference in discrete choice models with imperfect information," TSE Working Papers 19-1049, Toulouse School of Economics (TSE), revised Jun 2020.
    59. Frederic Koessler & Marco Scarsini & Tristan Tomala, 2021. "Correlated Equilibria in Large Anonymous Bayesian Games," Papers 2107.06312, arXiv.org, revised Sep 2023.
    60. Emerson Melo, 2021. "Learning in Random Utility Models Via Online Decision Problems," Papers 2112.10993, arXiv.org, revised Aug 2022.
    61. Aoyagi, Masaki & Yoo, Seung Han, 2022. "Matching strategic agents on a two-sided platform," Games and Economic Behavior, Elsevier, vol. 135(C), pages 271-296.
    62. Ian Ball, 2023. "Dynamic Information Provision: Rewarding the Past and Guiding the Future," Econometrica, Econometric Society, vol. 91(4), pages 1363-1391, July.
    63. Jerry Anunrojwong & Krishnamurthy Iyer & Vahideh Manshadi, 2020. "Information Design for Congested Social Services: Optimal Need-Based Persuasion," Papers 2005.07253, arXiv.org, revised Oct 2022.
    64. Giacomo Rubbini, 2023. "Mechanism Design without Rational Expectations," Papers 2305.07472, arXiv.org, revised Nov 2023.
    65. Laura Doval & Jeffrey C. Ely, 2020. "Sequential Information Design," Econometrica, Econometric Society, vol. 88(6), pages 2575-2608, November.
    66. Hitoshi Matsushima, 2019. "Information Design in Blockchain: A Role of Trusted Intermediaries," KIER Working Papers 1018, Kyoto University, Institute of Economic Research.
    67. Ozdogan, Ayca & Saglam, Ismail, 2021. "Correlated equilibrium under costly disobedience," Mathematical Social Sciences, Elsevier, vol. 114(C), pages 98-104.
    68. Alonso, Ricardo & Câmara, Odilon, 2018. "On the value of persuasion by experts," LSE Research Online Documents on Economics 86370, London School of Economics and Political Science, LSE Library.
    69. Ozan Candogan & Philipp Strack, 2021. "Optimal Disclosure of Information to a Privately Informed Receiver," Papers 2101.10431, arXiv.org, revised Jan 2022.
    70. Francesca Molinari, 2019. "Econometrics with Partial Identification," CeMMAP working papers CWP25/19, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    71. Taneva, Ina & Mathevet, Laurent, 2022. "Organized Information Transmission," CEPR Discussion Papers 16959, C.E.P.R. Discussion Papers.
    72. Gu, Jiadong, 2023. "Optimal stress tests and liquidation cost," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    73. Makris, Miltiadis & Renou, Ludovic, 2023. "Information design in multi-stage games," Theoretical Economics, Econometric Society, vol. 18(4), November.
    74. Asriyan, Vladimir & Fuchs, William & Green, Brett, 2021. "Aggregation and design of information in asset markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 191(C).
    75. Liu, Yixuan & Whinston, Andrew B., 2019. "Efficient real-time routing for autonomous vehicles through Bayes correlated equilibrium: An information design framework," Information Economics and Policy, Elsevier, vol. 47(C), pages 14-26.
    76. Chan, Jimmy & Gupta, Seher & Li, Fei & Wang, Yun, 2019. "Pivotal persuasion," Journal of Economic Theory, Elsevier, vol. 180(C), pages 178-202.
      • Jimmy Chan & Seher Gupta & Fei Li & Yun Wang, 2018. "Pivotal Persuasion," Working Papers 2018-11-03, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    77. Tsakas, Elias & Tsakas, Nikolas, 2021. "Noisy persuasion," Games and Economic Behavior, Elsevier, vol. 130(C), pages 44-61.
    78. Emerson Melo, 2021. "Learning In Random Utility Models Via Online Decision Problems," CAEPR Working Papers 2022-003 Classification-D, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    79. Frédéric Koessler & Vasiliki Skreta, 2023. "Informed Information Design," Journal of Political Economy, University of Chicago Press, vol. 131(11), pages 3186-3232.
    80. Mira Frick & Ryota Iijima & Yuhta Ishii, 2021. "Learning Efficiency of Multi-Agent Information Structures," Cowles Foundation Discussion Papers 2299, Cowles Foundation for Research in Economics, Yale University.
    81. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2015. "Information and Market Power," Cowles Foundation Discussion Papers 2017R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.
    82. You Zu & Krishnamurthy Iyer & Haifeng Xu, 2021. "Learning to Persuade on the Fly: Robustness Against Ignorance," Papers 2102.10156, arXiv.org, revised May 2024.
    83. Mira Frick & Ryota Iijima & Yuhta Ishii, 2021. "Learning Efficiency of Multi-Agent Information Structures," Cowles Foundation Discussion Papers 2299R2, Cowles Foundation for Research in Economics, Yale University, revised Jul 2022.
    84. Bergemann, Dirk & Heumann, Tibor & Morris, Stephen, 2015. "Information and volatility," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 427-465.
    85. Kolotilin, Anton, 2015. "Experimental design to persuade," Games and Economic Behavior, Elsevier, vol. 90(C), pages 215-226.
    86. Deniz Kattwinkel & Axel Niemeyer & Justus Preusser & Alexander Winter, 2023. "Mechanisms without transfers for fully biased agents," CRC TR 224 Discussion Paper Series crctr224_2023_485, University of Bonn and University of Mannheim, Germany.
    87. Farzaneh Farhadi & Demosthenis Teneketzis, 2022. "Dynamic Information Design: A Simple Problem on Optimal Sequential Information Disclosure," Dynamic Games and Applications, Springer, vol. 12(2), pages 443-484, June.
    88. Frédéric Koessler & Marieke Pahlke, 2023. "Feedback Design in Strategic-Form Games with Ambiguity Averse Players," Working Papers halshs-04039083, HAL.
    89. Emiliano Cantonini & Antonio Penta, 2022. "Backward induction reasoning beyond backward induction," Economics Working Papers 1815, Department of Economics and Business, Universitat Pompeu Fabra.
    90. Magnolfi, Lorenzo & Roncoroni, Camilla, 2020. "Estimation of Discrete Games with Weak Assumptions on Information," The Warwick Economics Research Paper Series (TWERPS) 1247, University of Warwick, Department of Economics.
    91. Guarino, Pierfrancesco & Tsakas, Elias, 2021. "Common priors under endogenous uncertainty," Journal of Economic Theory, Elsevier, vol. 194(C).
    92. Benjamin Balzer & Benjamin Young, 2020. "A Theory of Intuition and Contemplation," Working Paper Series 2020/01, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    93. Ilko Vrankiæ & Patrik Skoko, 2021. "The signaling game of a firm with unknown profitability and an investor," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 19(3), pages 437-448.
    94. de Oliveira, Henrique, 2018. "Blackwell's informativeness theorem using diagrams," Games and Economic Behavior, Elsevier, vol. 109(C), pages 126-131.
    95. Piotr Dworczak & Alessandro Pavan, 2022. "Preparing for the Worst but Hoping for the Best: Robust (Bayesian) Persuasion," Econometrica, Econometric Society, vol. 90(5), pages 2017-2051, September.
    96. Sukjin Han & Hiroaki Kaido & Lorenzo Magnolfi, 2024. "Testing Information Ordering for Strategic Agents," Papers 2402.19425, arXiv.org.
    97. Navin Kartik & Weijie Zhong, 2023. "Lemonade from Lemons: Information Design and Adverse Selection," Papers 2305.02994, arXiv.org.
    98. Zeng, Yishu, 2023. "Derandomization of persuasion mechanisms," Journal of Economic Theory, Elsevier, vol. 212(C).
    99. Ryan Chahrour & Robert Ulbricht, 2018. "Information-driven Business Cycles: A Primal Approach," 2018 Meeting Papers 240, Society for Economic Dynamics.
    100. Carl Heese & Stephan Lauermann, 2019. "Persuasion and Information Aggregation in Large Elections," CRC TR 224 Discussion Paper Series crctr224_2019_128, University of Bonn and University of Mannheim, Germany.
    101. Krähmer, Daniel, 2020. "Information disclosure and full surplus extraction in mechanism design," Journal of Economic Theory, Elsevier, vol. 187(C).
    102. Itai Arieli & Yakov Babichenko & Fedor Sandomirskiy, 2023. "Persuasion as Transportation," Papers 2307.07672, arXiv.org.
    103. Rehbeck, John, 2023. "Revealed Bayesian expected utility with limited data," Journal of Economic Behavior & Organization, Elsevier, vol. 207(C), pages 81-95.
    104. Deniz Kattwinkel & Axel Niemeyer & Justus Preusser & Alexander Winter, 2022. "Mechanisms without transfers for fully biased agents," Papers 2205.10910, arXiv.org.
    105. MohammadTaghi Hajiaghayi & Keivan Rezaei & Suho Shin, 2023. "Delegating to Multiple Agents," Papers 2305.03203, arXiv.org, revised May 2023.
    106. Songzi Du, 2018. "Robust Mechanisms Under Common Valuation," Econometrica, Econometric Society, vol. 86(5), pages 1569-1588, September.
    107. Catonini, Emiliano & Penta, Antonio, 2022. "Backward Induction Reasoning beyond Backward Induction," TSE Working Papers 22-1298, Toulouse School of Economics (TSE).
    108. Dominik Grafenhofer & Wolfgang Kuhle, 2021. "Observing Actions in Global Games," Papers 2111.10554, arXiv.org.
    109. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    110. E. Carroni & L. Ferrari & S. Righi, 2018. "The Price of Discovering Your Needs Online," Working Papers wp1116, Dipartimento Scienze Economiche, Universita' di Bologna.
    111. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    112. Rigos, Alexandros, 2022. "The normality assumption in coordination games with flexible information acquisition," Journal of Economic Theory, Elsevier, vol. 203(C).
    113. Andrew Caplin & Mark Dean, 2015. "Revealed Preference, Rational Inattention, and Costly Information Acquisition," American Economic Review, American Economic Association, vol. 105(7), pages 2183-2203, July.
    114. Makoto Shimoji, 2022. "Bayesian persuasion in unlinked games," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(3), pages 451-481, November.
    115. Takashi Ui, 2020. "LQG Information Design," Working Papers on Central Bank Communication 018, University of Tokyo, Graduate School of Economics.
    116. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    117. Dominik Grafenhofer & Wolfgang Kuhle, 2022. "Observing actions in global games," SN Business & Economics, Springer, vol. 2(12), pages 1-15, December.
    118. Hyeon Park, 2019. "Multi-bidder First Price Auction with Beliefs," Studies in Microeconomics, , vol. 7(1), pages 140-160, June.
    119. Liu, Qingmin, 2015. "Correlation and common priors in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 157(C), pages 49-75.
    120. Cristina Gualdani & Shruti Sinha, 2019. "Identification in discrete choice models with imperfect information," Papers 1911.04529, arXiv.org, revised Dec 2023.
    121. Vohra, Akhil & Toikka, Juuso & Vohra, Rakesh, 2023. "Bayesian persuasion: Reduced form approach," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    122. Teddy Mekonnen & Zeky Murra-Anton & Bobak Pakzad-Hurson, 2023. "Persuaded Search," Papers 2303.13409, arXiv.org, revised Oct 2023.
    123. Laura Doval & Ran Eilat, 2023. "The Core of Bayesian Persuasion," Papers 2307.13849, arXiv.org.
    124. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
    125. Jacopo Bizzotto & Toomas Hinnosaar & Adrien Vigier, 2022. "The Limits of Limited Commitment," Papers 2205.05546, arXiv.org, revised Apr 2024.
    126. Cédric Wanko, 2018. "A Unique and Stable $$\hbox {Se}{\mathcal {C}}\hbox {ure}$$ Se C ure Reversion Protocol Improving Efficiency: A Computational Bayesian Approach for Empirical Analysis," Computational Economics, Springer;Society for Computational Economics, vol. 52(1), pages 1-23, June.
    127. Pram, Kym, 2019. "On the equivalence of robustness to canonical and general elaborations," Journal of Economic Theory, Elsevier, vol. 180(C), pages 1-10.
    128. Emiliano Catonini & Antonio Penta, 2022. "Backward Induction Reasoning beyond Backward Induction," Working Papers 1315, Barcelona School of Economics.
    129. Hiroto Sato, 2023. "Robust implementation in sequential information design under supermodular payoffs and objective," Review of Economic Design, Springer;Society for Economic Design, vol. 27(2), pages 269-285, June.
    130. Balzer, Benjamin & Schneider, Johannes, 2023. "Mechanism design with informational punishment," Games and Economic Behavior, Elsevier, vol. 140(C), pages 197-209.
    131. Koh, Paul S., 2023. "Stable outcomes and information in games: An empirical framework," Journal of Econometrics, Elsevier, vol. 237(1).
    132. Elliott, M. & Galeotti, A. & Koh, A. & Li, W., 2023. "Matching and Information Design in Marketplaces," Cambridge Working Papers in Economics 2313, Faculty of Economics, University of Cambridge.

  29. Dirk Bergemann & Stephen Morris, 2014. "Informational Robustness and Solution Concepts," Cowles Foundation Discussion Papers 1973, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. Liu, Qingmin, 2015. "Correlation and common priors in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 157(C), pages 49-75.

  30. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2014. "Information, Interdependence, and Interaction: Where Does the Volatility Come from?," Levine's Working Paper Archive 786969000000000892, David K. Levine.

    Cited by:

    1. Ina Taneva, 2019. "Information Design," American Economic Journal: Microeconomics, American Economic Association, vol. 11(4), pages 151-185, November.
    2. Jess Benhabib & Pengfei Wang & Yi Wen, 2017. "Uncertainty and Sentiment-Driven Equilibria," Studies in Economic Theory, in: Kazuo Nishimura & Alain Venditti & Nicholas C. Yannelis (ed.), Sunspots and Non-Linear Dynamics, chapter 0, pages 281-304, Springer.
    3. Taneva, Ina A, 2015. "Information Design," SIRE Discussion Papers 2015-50, Scottish Institute for Research in Economics (SIRE).

  31. Dirk Bergemann & Benjamin A. Brooks & Stephen Morris, 2014. "Extremal Information Structures in the First Price Auction," Levine's Working Paper Archive 786969000000000898, David K. Levine.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2013. "Robust Predictions in Games with Incomplete Information," Levine's Working Paper Archive 786969000000000666, David K. Levine.
    2. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Working Papers 1464, Princeton University, Department of Economics, Econometric Research Program..
    3. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2015. "First Price Auctions with General Information Structures: Implications for Bidding and Revenue," Cowles Foundation Discussion Papers 2018R2, Cowles Foundation for Research in Economics, Yale University, revised May 2016.
    4. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    5. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures," Levine's Working Paper Archive 786969000000000725, David K. Levine.
    6. Dirk Bergemann & Stephen Morris, 2013. "The Comparison of Information Structures in Games: Bayes Correlated Equilibrium and Individual Sufficiency," Cowles Foundation Discussion Papers 1909, Cowles Foundation for Research in Economics, Yale University.
    7. Gregory Pavlov, 2013. "Correlated Equilibria and Communication Equilibria in All-pay Auctions," University of Western Ontario, Departmental Research Report Series 20132, University of Western Ontario, Department of Economics.

  32. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures," Levine's Working Paper Archive 786969000000000725, David K. Levine.

    Cited by:

    1. Alejandro Melo Ponce, 2018. "The Secret Behind The Tortoise and the Hare: Information Design in Contests," 2018 Papers pme809, Job Market Papers.
    2. Kloosterman, Andrew, 2015. "Public information in Markov games," Journal of Economic Theory, Elsevier, vol. 157(C), pages 28-48.
    3. Germano, Fabrizio & Zuazo-Garin, Peio, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers 2072/260959, Universitat Rovira i Virgili, Department of Economics.
    4. Ina Taneva, 2019. "Information Design," American Economic Journal: Microeconomics, American Economic Association, vol. 11(4), pages 151-185, November.
    5. Taneva, Ina A, 2015. "Information Design," SIRE Discussion Papers 2015-50, Scottish Institute for Research in Economics (SIRE).
    6. Zhen Zhou & Deepal Basak, 2015. "Diffusing Coordination Risk," 2015 Meeting Papers 1350, Society for Economic Dynamics.
    7. Andrew Caplin & Mark Dean, 2015. "Revealed Preference, Rational Inattention, and Costly Information Acquisition," American Economic Review, American Economic Association, vol. 105(7), pages 2183-2203, July.
    8. Liu, Qingmin, 2015. "Correlation and common priors in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 157(C), pages 49-75.
    9. Gregory Pavlov, 2013. "Correlated Equilibria and Communication Equilibria in All-pay Auctions," University of Western Ontario, Departmental Research Report Series 20132, University of Western Ontario, Department of Economics.
    10. Caplin, Andrew, 2014. "Rational inattention and revealed preference: The data-theoretic approach to economic modeling," Research in Economics, Elsevier, vol. 68(4), pages 295-305.

  33. Dirk Bergemann & Benjamin A. Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Levine's Working Paper Archive 786969000000000776, David K. Levine.

    Cited by:

    1. Shota Ichihashi, 2020. "Online Privacy and Information Disclosure by Consumers," American Economic Review, American Economic Association, vol. 110(2), pages 569-595, February.
    2. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2022. "Screening with Persuasion," Cowles Foundation Discussion Papers 2338, Cowles Foundation for Research in Economics, Yale University.
    3. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    4. Anton Kolotilin & Alexander Wolitzky, 2020. "Assortative Information Disclosure," Discussion Papers 2020-08, School of Economics, The University of New South Wales.
    5. Hinnosaar, Toomas & Bizzotto, Jacopo & Vigier, Adrien, 2022. "The Limits of Commitment," CEPR Discussion Papers 17307, C.E.P.R. Discussion Papers.
    6. Armstrong, Mark & Zhou, Jidong, 2021. "Consumer Information and the Limits to Competition," MPRA Paper 108395, University Library of Munich, Germany.
    7. Dirk Bergemann & Alessandro Bonatti, 2022. "Data, Competition, and Digital Platforms," Cowles Foundation Discussion Papers 2343, Cowles Foundation for Research in Economics, Yale University.
    8. Rahul Deb & Anne-Katrin Roesler, 2021. "Multi-Dimensional Screening: Buyer-Optimal Learning and Informational Robustness," Papers 2105.12304, arXiv.org.
    9. Dirk Bergemann & Alessandro Bonatti & Tan Gan, 2020. "The Economics of Social Data," Papers 2004.03107, arXiv.org, revised Sep 2022.
    10. Anton Kolotilin & Roberto Corrao & Alexander Wolitzky, 2022. "Persuasion with Non-Linear Preferences," Papers 2206.09164, arXiv.org, revised Aug 2022.
    11. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Working Papers 1464, Princeton University, Department of Economics, Econometric Research Program..
    12. Smolin, Alex & Ichihashi, Shota, 2022. "Data Collection by an Informed Seller," CEPR Discussion Papers 17239, C.E.P.R. Discussion Papers.
    13. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2015. "First Price Auctions with General Information Structures: Implications for Bidding and Revenue," Cowles Foundation Discussion Papers 2018R2, Cowles Foundation for Research in Economics, Yale University, revised May 2016.
    14. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2018. "First-Price Auctions with General Information Structures: A Short Introduction," Cowles Foundation Discussion Papers 2132, Cowles Foundation for Research in Economics, Yale University.
    15. Rhodes, Andrew & Zhou, Jidong, 2022. "Personalized Pricing and Competition," MPRA Paper 112988, University Library of Munich, Germany.
    16. Asseyer, Andreas, 2020. "Collusion and delegation under information control," Discussion Papers 2020/3, Free University Berlin, School of Business & Economics.
    17. Condorelli, Daniele & Szentes, Balázs, 2020. "Information design in the holdup problem," LSE Research Online Documents on Economics 90620, London School of Economics and Political Science, LSE Library.
    18. , & Frechette, Guilaume & Perego, Jacopo, 2019. "Rules and Commitment in Communication," CEPR Discussion Papers 14085, C.E.P.R. Discussion Papers.
    19. Garrett, Daniel, 2020. "Payoff Implications of Incentive Contracting," CEPR Discussion Papers 14725, C.E.P.R. Discussion Papers.
    20. Andreas Leibbrandt, 2016. "Behavioral Constraints on Pricing: Experimental Evidence on Price Discrimination and Customer Antagonism," CESifo Working Paper Series 6214, CESifo.
    21. Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
    22. Dirk Bergemann & Francisco Castro & Gabriel Weintraub, 2019. "Uniform Pricing Versus Third-Degree Price Discrimination," Cowles Foundation Discussion Papers 2213r, Cowles Foundation for Research in Economics, Yale University, revised Feb 2020.
    23. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    24. Xiang Sun & Jin Xu & Junjie Zhou, 2023. "Effort Discrimination and Curvature of Contest Technology in Conflict Networks," Papers 2302.09861, arXiv.org, revised Oct 2023.
    25. Strausz, Roland, 2016. "A Theory of Crowdfunding - a mechanism design approach with demand uncertainty and moral hazard," CEPR Discussion Papers 11222, C.E.P.R. Discussion Papers.
    26. Galasso, Alberto & Mitchell, Matthew & Virag, Gabor, 2018. "A theory of grand innovation prizes," Research Policy, Elsevier, vol. 47(2), pages 343-362.
    27. Itai Arieli & Ivan Geffner & Moshe Tennenholtz, 2024. "Receiver-Oriented Cheap Talk Design," Papers 2401.03671, arXiv.org.
    28. Kremer, Michael, 2018. "Worst-Case Bounds on R&D and Pricing Distortions: Theory and Disturbing Conclusions if Consumer Values Follow the World Income," CEPR Discussion Papers 13241, C.E.P.R. Discussion Papers.
    29. Dughmi, Shaddin, 2019. "On the hardness of designing public signals," Games and Economic Behavior, Elsevier, vol. 118(C), pages 609-625.
    30. Smolin, Alex & Ichihashi, Shota, 2023. "Data Provision to an Informed Seller," CEPR Discussion Papers 17963, C.E.P.R. Discussion Papers.
    31. Tommaso Denti & Doron Ravid, 2023. "Robust Predictions in Games with Rational Inattention," Papers 2306.09964, arXiv.org.
    32. Elias Deutscher, 2022. "Brand bidding restraints revisited – What is the appropriate economic and legal framework for the antitrust analysis of vertical online search advertising restraints?," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2021-09, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    33. Nageeb Ali, S. & Lewis, Greg & Vasserman, Shoshana, 2022. "Voluntary Disclosure and Personalized Pricing," Research Papers 3890, Stanford University, Graduate School of Business.
    34. Jidong Zhou, 2021. "Mixed Bundling in Oligopoly Markets," Cowles Foundation Discussion Papers 2270, Cowles Foundation for Research in Economics, Yale University.
    35. Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107687899.
    36. Garcia, Daniel, 2022. "Harmonic price targeting," Information Economics and Policy, Elsevier, vol. 60(C).
    37. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    38. Alireza Fallah & Michael I. Jordan & Ali Makhdoumi & Azarakhsh Malekian, 2024. "The Limits of Price Discrimination Under Privacy Constraints," Papers 2402.08223, arXiv.org, revised Feb 2024.
    39. Miltiadis Makris & Ludovic Renou, 2021. "Information Design in Multi-stage Games," Papers 2102.13482, arXiv.org, revised Apr 2021.
    40. von Wangenheim, Jonas, 2017. "Consumer-Optimal Information Design," Rationality and Competition Discussion Paper Series 53, CRC TRR 190 Rationality and Competition.
    41. Xavier Vives, 2024. "La competencia en los mercados digitales," Working Papers 2024-01, FEDEA.
    42. Asseyer, Andreas, 2016. "Optimal Information Disclosure and Collusion," VfS Annual Conference 2016 (Augsburg): Demographic Change 145779, Verein für Socialpolitik / German Economic Association.
    43. Garrett, Daniel F. & Georgiadis, George & Smolin, Alex & Szentes, Balázs, 2023. "Optimal technology design," Journal of Economic Theory, Elsevier, vol. 209(C).
    44. Itai Arieli & Yakov Babichenko & Omer Madmon & Moshe Tennenholtz, 2024. "Robust Price Discrimination," Papers 2401.16942, arXiv.org, revised Feb 2024.
    45. Heski Bar-Isaac & Ian Jewitt & Clare Leaver, 2021. "Adverse selection, efficiency and the structure of information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(2), pages 579-614, September.
    46. Jeffrey D. Shulman & Zheyin (Jane) Gu, 2024. "Making Inclusive Product Design a Reality: How Company Culture and Research Bias Impact Investment," Marketing Science, INFORMS, vol. 43(1), pages 73-91, January.
    47. Elias Tsakas & Nikolas Tsakas & Dimitrios Xefteris, 2017. "Resisting Persuasion," University of Cyprus Working Papers in Economics 07-2017, University of Cyprus Department of Economics.
      • Elias Tsakas & Nikolas Tsakas & Dimitrios Xefteris, 2021. "Resisting persuasion," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(3), pages 723-742, October.
    48. Alessandro Bonatti & Gonzalo Cisternas, 2020. "Consumer Scores and Price Discrimination," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(2), pages 750-791.
    49. Charlson, G., 2021. "Rating the Competition: Seller Ratings and Intra-Platform Competition," Cambridge Working Papers in Economics 2106, Faculty of Economics, University of Cambridge.
    50. Laura Doval & Vasiliki Skreta, 2022. "Mechanism Design With Limited Commitment," Econometrica, Econometric Society, vol. 90(4), pages 1463-1500, July.
    51. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium," American Economic Review, American Economic Association, vol. 106(5), pages 586-591, May.
    52. Choi, Jay Pil & Mukherjee, Arijit, 2019. "Optimal certification policy, entry, and investment in the presence of public signals," Working Papers 2019-6, Michigan State University, Department of Economics.
    53. Dirk Bergemann & Francisco Castro & Gabriel Weintraub, 2019. "Third-degree Price Discrimination Versus Uniform Pricing," Cowles Foundation Discussion Papers 2213, Cowles Foundation for Research in Economics, Yale University.
    54. Tan, Teck Yong, 2023. "Optimal transparency of monitoring capability," Journal of Economic Theory, Elsevier, vol. 209(C).
    55. Leal Vizcaíno René & Mekonnen Teddy, 2019. "Bayesian Comparative Statics," Working Papers 2019-03, Banco de México.
    56. Garcia, Daniel & Tsur, Matan, 2021. "Information design in competitive insurance markets," Journal of Economic Theory, Elsevier, vol. 191(C).
    57. Andreas Gerster & Michael Kramm, 2024. "Optimal Internality Taxation of Product Attributes," CRC TR 224 Discussion Paper Series crctr224_2024_510, University of Bonn and University of Mannheim, Germany.
    58. Dirk Bergemann & Benjamin A. Brooks & Stephen Morris, 2014. "Extremal Information Structures in the First Price Auction," Levine's Working Paper Archive 786969000000000898, David K. Levine.
    59. Asseyer, Andreas, 2020. "Collusion and delegation under information control," Theoretical Economics, Econometric Society, vol. 15(4), November.
    60. Negrelli, Sara, 2020. "Bubbles and persuasion with uncertainty over market sentiment," Games and Economic Behavior, Elsevier, vol. 120(C), pages 67-85.
    61. Chao, Yong & Nahata, Babu, 2015. "The degree of distortions under second-degree price discrimination," Economics Letters, Elsevier, vol. 137(C), pages 208-213.
    62. Dirk Bergemann & Stephen Morris, 2013. "The Comparison of Information Structures in Games: Bayes Correlated Equilibrium and Individual Sufficiency," Cowles Foundation Discussion Papers 1909, Cowles Foundation for Research in Economics, Yale University.
    63. Smolin, Alex & Doval, Laura, 2021. "Information Payoffs: An Interim Perspective," CEPR Discussion Papers 16543, C.E.P.R. Discussion Papers.
    64. Bergemann, Dirk & Alessandro Bonatti, 2013. "Selling Cookies," Cowles Foundation Discussion Papers 1920R, Cowles Foundation for Research in Economics, Yale University, revised Nov 2013.
    65. Michael Kremer & Christopher M. Snyder, 2015. "Preventives Versus Treatments," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 130(3), pages 1167-1239.
    66. Marco Botta & Klaus Wiedemann, 2020. "To discriminate or not to discriminate? Personalised pricing in online markets as exploitative abuse of dominance," European Journal of Law and Economics, Springer, vol. 50(3), pages 381-404, December.
    67. Pram, Kym, 2021. "Disclosure, welfare and adverse selection," Journal of Economic Theory, Elsevier, vol. 197(C).
    68. Michael Choi & Guillaume Rocheteau, 2024. "Information acquisition and price discrimination in dynamic, decentralized markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 53, pages 1-46, July.
    69. Jibang Wu & Ashwinkumar Badanidiyuru & Haifeng Xu, 2021. "Auctioning with Strategically Reticent Bidders," Papers 2109.04888, arXiv.org, revised Jan 2023.
    70. Vaissman Guinsburg, Pedro, 2020. "Information Design and Sensitivity to Market Fundamentals," MPRA Paper 101496, University Library of Munich, Germany, revised 03 Jun 2020.
    71. Ichihashi, Shota, 2021. "The economics of data externalities," Journal of Economic Theory, Elsevier, vol. 196(C).
    72. Dirk Bergemann & Paul Duetting & Renato Paes Leme & Song Zuo, 2021. "Calibrated Click-Through Auctions: An Information Design Approach," Cowles Foundation Discussion Papers 2285, Cowles Foundation for Research in Economics, Yale University.
    73. Shota Ichihashi, 2020. "Non-competing Data Intermediaries," Staff Working Papers 20-28, Bank of Canada.
    74. Farzaneh Farhadi & Demosthenis Teneketzis, 2022. "Dynamic Information Design: A Simple Problem on Optimal Sequential Information Disclosure," Dynamic Games and Applications, Springer, vol. 12(2), pages 443-484, June.
    75. Laura Doval & Alex Smolin, 2021. "Persuasion and Welfare," Papers 2109.03061, arXiv.org, revised Sep 2023.
    76. Yang, Kai Hao, 2021. "Efficient demands in a multi-product monopoly," Journal of Economic Theory, Elsevier, vol. 197(C).
    77. Elliott, M. & Galeotti., A. & Koh., A. & Li, W., 2021. "Market Segmentation Through Information," Cambridge Working Papers in Economics 2105, Faculty of Economics, University of Cambridge.
    78. Jin‐Hyuk Kim & Liad Wagman & Abraham L. Wickelgren, 2019. "The impact of access to consumer data on the competitive effects of horizontal mergers and exclusive dealing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(3), pages 373-391, June.
    79. Kevin R. Williams, 2022. "The Welfare Effects of Dynamic Pricing: Evidence From Airline Markets," Econometrica, Econometric Society, vol. 90(2), pages 831-858, March.
    80. Yang Cai & Yingkai Li & Jinzhao Wu, 2024. "Algorithmic Information Disclosure in Optimal Auctions," Papers 2403.08145, arXiv.org.
    81. Adam N. Elmachtoub & Vishal Gupta & Michael L. Hamilton, 2021. "The Value of Personalized Pricing," Management Science, INFORMS, vol. 67(10), pages 6055-6070, October.
    82. Anton Kolotilin & Tymofiy Mylovanov & Andriy Zapechelnyuk & Ming Li, 2017. "Persuasion of a Privately Informed Receiver," Econometrica, Econometric Society, vol. 85(6), pages 1949-1964, November.
    83. PRAM, Kym, 2017. "Hard evidence and welfare in adverse selection environments," Economics Working Papers MWP 2017/10, European University Institute.
    84. Kevin R. Williams, 2017. "Dynamic Airline Pricing and Seat Availability," Cowles Foundation Discussion Papers 2103R, Cowles Foundation for Research in Economics, Yale University, revised May 2020.
    85. Simon Cowan, 2016. "Welfare-increasing third-degree price discrimination," RAND Journal of Economics, RAND Corporation, vol. 47(2), pages 326-340, May.
    86. Foschi, Matteo, 2017. "Self-Control in the Retailing Industry: Inducing Rejection of Loyalty Schemes," CRETA Online Discussion Paper Series 37, Centre for Research in Economic Theory and its Applications CRETA.
    87. Serena Wang & Michael I. Jordan & Katrina Ligett & R. Preston McAfee, 2024. "Information Elicitation in Agency Games," Papers 2402.14005, arXiv.org, revised Apr 2024.
    88. Matthew Gentzkow & Emir Kamenica, 2014. "Costly Persuasion," American Economic Review, American Economic Association, vol. 104(5), pages 457-462, May.
    89. Dirk Bergemann & Alessandro Bonatti, 2019. "Markets for Information: An Introduction," Annual Review of Economics, Annual Reviews, vol. 11(1), pages 85-107, August.
    90. Gaurab Aryal & Charles Murry & Jonathan W. Williams, 2018. "Price Discrimination in International Airline Markets," Boston College Working Papers in Economics 968, Boston College Department of Economics.
    91. Kevin R. Williams, 2017. "The Welfare Effects of Dynamic Pricing: Evidence from Airline Markets," Cowles Foundation Discussion Papers 2103R2, Cowles Foundation for Research in Economics, Yale University, revised Jun 2021.
    92. Paul Heidhues & Botond Kőszegi, 2017. "Naïveté-Based Discrimination," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(2), pages 1019-1054.
    93. Maarten C.W. Janssen & Santanu Roy, 2023. "Information Uncertainty," Departmental Working Papers 2306, Southern Methodist University, Department of Economics.
    94. Nima Haghpanah & Ron Siegel, 2022. "A Theory of Stable Market Segmentations," Papers 2210.13194, arXiv.org.
    95. Kai Hao Yang & Alexander K. Zentefis, 2022. "Gerrymandering and the Limits of Representative Democracy," Cowles Foundation Discussion Papers 2328, Cowles Foundation for Research in Economics, Yale University.
    96. Anne-Katrin Roesler & Balázs Szentes, 2017. "Buyer-Optimal Learning and Monopoly Pricing," American Economic Review, American Economic Association, vol. 107(7), pages 2072-2080, July.
    97. Axel Gautier & Ashwin Ittoo & Pieter Cleynenbreugel, 2020. "AI algorithms, price discrimination and collusion: a technological, economic and legal perspective," European Journal of Law and Economics, Springer, vol. 50(3), pages 405-435, December.
    98. Gonzalo Cisternas & Jorge Vásquez, 2022. "Misinformation in Social Media: The Role of Verification Incentives," Staff Reports 1028, Federal Reserve Bank of New York.
    99. Mark J. Tremblay, 2021. "The Limits of Marketplace Fee Discrimination," CESifo Working Paper Series 9440, CESifo.
    100. Tong Zhang & Yixue Huo & Xin Zhang & Jie Shuai, 2019. "Endogenous third-degree price discrimination in Hotelling model with elastic demand," Journal of Economics, Springer, vol. 127(2), pages 125-145, July.
    101. Ozan Candogan & Kimon Drakopoulos, 2020. "Optimal Signaling of Content Accuracy: Engagement vs. Misinformation," Operations Research, INFORMS, vol. 68(2), pages 497-515, March.
    102. Robert Ritz, 2013. "Price Discrimination and Limits to Arbitrage in Global LNG Markets," Cambridge Working Papers in Economics 1340, Faculty of Economics, University of Cambridge.
    103. Hedlund, Jonas, 2017. "Bayesian persuasion by a privately informed sender," Journal of Economic Theory, Elsevier, vol. 167(C), pages 229-268.
    104. Tremblay, Mark J., 2019. "Pareto price discrimination," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
    105. Zibin Xu & Anthony Dukes, 2022. "Personalization from Customer Data Aggregation Using List Price," Management Science, INFORMS, vol. 68(2), pages 960-980, February.
    106. Alessandro Bonatti, 2023. "The Platform Dimension of Digital Privacy," NBER Chapters, in: The Economics of Privacy, National Bureau of Economic Research, Inc.
    107. Ritz, Robert A., 2014. "Price discrimination and limits to arbitrage: An analysis of global LNG markets," Energy Economics, Elsevier, vol. 45(C), pages 324-332.
    108. Condorelli, Daniele, 2022. "A lower-bound on monopoly profit for log-concave demand," Economics Letters, Elsevier, vol. 210(C).
    109. Siddhartha Banerjee & Kamesh Munagala & Yiheng Shen & Kangning Wang, 2023. "Fair Price Discrimination," Papers 2305.07006, arXiv.org.
    110. Yamashita, Takuro, 2018. "Revenue guarantees in auctions with a (correlated) common prior and additional information," TSE Working Papers 18-937, Toulouse School of Economics (TSE).
    111. Buchali, Katrin, 2021. "Price discrimination with inequity-averse consumers: A reinforcement learning approach," Hohenheim Discussion Papers in Business, Economics and Social Sciences 02-2021, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    112. Anna D'Annunzio & Antonio Russo, 2022. "Welfare-Enhancing Taxation and Price Discrimination," CESifo Working Paper Series 10007, CESifo.
    113. Jacopo Bizzotto & Toomas Hinnosaar & Adrien Vigier, 2022. "The Limits of Limited Commitment," Papers 2205.05546, arXiv.org, revised Apr 2024.
    114. Zhe (James) Zhang & Shivendu Shivendu & Peng Wang, 2021. "Is Investment in Data Analytics Always Profitable? The Case of Third‐Party‐Online‐Promotion Marketplace," Production and Operations Management, Production and Operations Management Society, vol. 30(7), pages 2321-2337, July.
    115. Jeffrey Mensch & Doron Ravid, 2022. "Monopoly, Product Quality, and Flexible Learning," Papers 2202.09985, arXiv.org, revised Jun 2022.
    116. Anja Prummer & Francesco Nava, 2023. "Value Design in Optimal Mechanisms," Economics working papers 2023-05, Department of Economics, Johannes Kepler University Linz, Austria.
    117. Jonas von Wangenheim, 2022. "Optimal Information Design of Online Marketplaces with Return Rights," CRC TR 224 Discussion Paper Series crctr224_2022_352v2, University of Bonn and University of Mannheim, Germany, revised Apr 2024.
    118. Yang, Kai Hao, 2023. "On the continuity of outcomes in a monopoly market," Journal of Mathematical Economics, Elsevier, vol. 108(C).
    119. Kremer, Michael & Snyder, Christopher, 2015. "Vaccines vs. Preventives," CEPR Discussion Papers 10474, C.E.P.R. Discussion Papers.
    120. Hippel, Svenja & Hillenbrand, Adrian, 2018. "Strategic Inattention in Product Search," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181510, Verein für Socialpolitik / German Economic Association.
    121. Wenhao Li, 2020. "Using Information to Amplify Competition," Papers 2010.05342, arXiv.org, revised Nov 2020.
    122. Glode, Vincent & Opp, Christian C. & Zhang, Xingtan, 2018. "Voluntary disclosure in bilateral transactions," Journal of Economic Theory, Elsevier, vol. 175(C), pages 652-688.
    123. Ian Fillmore, 2021. "Price Discrimination and Public Policy in the U.S. College Market," Working Papers 2021-028, Human Capital and Economic Opportunity Working Group.

  34. Stephen Morris, 2013. "Coordination, Timing and Common Knowledge," Working Papers 061-2014, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    2. Shadmehr, Mehdi & Bernhardt, Dan, 2019. "Vanguards in revolution," Games and Economic Behavior, Elsevier, vol. 115(C), pages 146-166.
    3. Guimarães, Bernardo de Vasconcellos & Pereira, Ana Elisa Gonçalves, 2015. "Dynamic coordination among heterogeneous agents," Textos para discussão 380, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    4. Bernardo Guimaraes & Caio Machado & Ana Elisa Pereira, 2017. "Dynamic Coordination with Timing Frictions: Theory and Applications," Documentos de Trabajo 502, Instituto de Economia. Pontificia Universidad Católica de Chile..
    5. Iijima, Ryota, 2015. "Iterated generalized half-dominance and global game selection," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 120-136.
    6. Hubert Janos Kiss & Ismael Rodríguez-Lara & Alfonso Rosa-García, 2017. "Overthrowing the dictator: a game-theoretic approach to revolutions and media," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 49(2), pages 329-355, August.
    7. Guimaraes, Bernardo & Pereira, Ana Elisa, 2016. "QWERTY is efficient," Journal of Economic Theory, Elsevier, vol. 163(C), pages 819-825.
    8. Yannai A. Gonczarowski & Yoram Moses, 2023. "Common Knowledge, Regained," Papers 2311.04374, arXiv.org, revised Apr 2024.
    9. Etro, Federico, 2017. "Research in economics and game theory. A 70th anniversary," Research in Economics, Elsevier, vol. 71(1), pages 1-7.

  35. Dirk Bergemann & Stephen Morris, 2013. "The Comparison of Information Structures in Games: Bayes Correlated Equilibrium and Individual Sufficiency," Levine's Working Paper Archive 786969000000000730, David K. Levine.

    Cited by:

    1. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Working Papers 1464, Princeton University, Department of Economics, Econometric Research Program..
    2. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    3. Germano, Fabrizio & Zuazo-Garin, Peio, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers 2072/260959, Universitat Rovira i Virgili, Department of Economics.
    4. Bernard Herskovic & João Ramos, 2020. "Acquiring Information through Peers," American Economic Review, American Economic Association, vol. 110(7), pages 2128-2152, July.
    5. Bergemann, Dirk & Heumann, Tibor & Morris, Stephen, 2015. "Information and volatility," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 427-465.
    6. Kolotilin, Anton, 2015. "Experimental design to persuade," Games and Economic Behavior, Elsevier, vol. 90(C), pages 215-226.
    7. Andrew Caplin & Mark Dean, 2015. "Revealed Preference, Rational Inattention, and Costly Information Acquisition," American Economic Review, American Economic Association, vol. 105(7), pages 2183-2203, July.
    8. Liu, Qingmin, 2015. "Correlation and common priors in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 157(C), pages 49-75.

  36. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2013. "Information and Volatility," Cowles Foundation Discussion Papers 1928R, Cowles Foundation for Research in Economics, Yale University, revised Jun 2014.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    2. Smolin, Alex & Yamashita, Takuro, 2022. "Information Design in Concave Games," CEPR Discussion Papers 17066, C.E.P.R. Discussion Papers.
    3. Martin Ellison & Andreas Tischbirek, 2021. "Beauty Contests and the Term Structure [Risk Premia and Term Premia in General Equilibrium]," Journal of the European Economic Association, European Economic Association, vol. 19(4), pages 2234-2282.
    4. Christian Myohl & Yannic Stucki, 2018. "Confidence and the Financial Accelerator," Diskussionsschriften dp1823, Universitaet Bern, Departement Volkswirtschaft.
    5. Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
    6. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    7. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    8. Eduardo Dávila & Cecilia Parlatore, 2019. "Volatility and Informativeness," NBER Working Papers 25433, National Bureau of Economic Research, Inc.
    9. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    10. Wu, Jieran, 2022. "Comments on “Sentiments and real business cycles”," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    11. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium," American Economic Review, American Economic Association, vol. 106(5), pages 586-591, May.
    12. Galeotti, Andrea & Golub, Benjamin & Goyal, Sanjeev, 2018. "Targetting interventions in networks," Economics Discussion Papers 21698, University of Essex, Department of Economics.
    13. G. Gaballo, 2017. "Price Dispersion, Private Uncertainty, and Endogenous Nominal Rigidities," Working papers 653, Banque de France.
    14. Bergemann, Dirk & Morris, Stephen & Heumann, Tibor, 2020. "Information, Market Power and Price Volatility," CEPR Discussion Papers 15104, C.E.P.R. Discussion Papers.
    15. Annie Liang & Xiaosheng Mu & Vasilis Syrgkanis, 2019. "Optimal and Myopic Information Acquisition," Working Papers 2019-25, Princeton University. Economics Department..
    16. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2015. "Information and Market Power," Cowles Foundation Discussion Papers 2017R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.
    17. Heumann, Tibor, 2021. "Efficiency in trading markets with multi-dimensional signals," Journal of Economic Theory, Elsevier, vol. 191(C).
    18. Zhen Huo & Jess Benhabib & Sushant Acharya, 2017. "The Anatomy of Sentiment-driven Fluctuations," 2017 Meeting Papers 513, Society for Economic Dynamics.
    19. Shen, Dehua & Li, Xiao & Zhang, Wei, 2018. "Baidu news information flow and return volatility: Evidence for the Sequential Information Arrival Hypothesis," Economic Modelling, Elsevier, vol. 69(C), pages 127-133.
    20. Alex Smolin & Takuro Yamashita, 2022. "Information Design in Smooth Games," Papers 2202.10883, arXiv.org, revised Dec 2023.
    21. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    22. Chahrour, Ryan & Gaballo, Gaetano, 2017. "Learning from prices: amplication and business fluctuations," Working Paper Series 2053, European Central Bank.
    23. Firouzi, Shahrokh & Wang, Xiangning, 2021. "The interrelationship between order flow, exchange rate, and the role of American economic news," The North American Journal of Economics and Finance, Elsevier, vol. 58(C).

  37. Stephen Morris & Satoru Takahashi, 2012. "Games in Preference Form and Preference Rationalizability," Working Papers 1420, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Grant, Simon & Meneghel, Idione & Tourky, Rabee, 2013. "Savage Games: A Theory of Strategic Interaction with Purely Subjective Uncertainty," Risk and Sustainable Management Group Working Papers 151501, University of Queensland, School of Economics.
    2. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    3. V. K. Oikonomou & J. Jost, 2020. "Periodic Strategies II: Generalizations and Extensions," Papers 2005.12832, arXiv.org.

  38. V. Bhaskar & George J. Mailath & Stephen Morris, 2012. "A Foundation for Markov Equilibria with Finite Social Memory," PIER Working Paper Archive 12-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Cited by:

    1. George-Marios Angeletos & Chen Lian, 2021. "Determinacy without the Taylor Principle," NBER Working Papers 28881, National Bureau of Economic Research, Inc.
    2. Isabel Schnabel & Hyun Song Shin, 2018. "Money and trust: lessons from the 1620s for money in the digital age," BIS Working Papers 698, Bank for International Settlements.

  39. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2012. "Efficient Auctions and Interdependent Types," Levine's Working Paper Archive 786969000000000427, David K. Levine.

    Cited by:

    1. Takashi Kamihigashi, 2023. "The 2022 Japanese Economic Association Nakahara prize recipient: Professor Satoru Takahashi, National University of Singapore," The Japanese Economic Review, Springer, vol. 74(3), pages 355-356, July.
    2. Guo, Huiyi, 2019. "Mechanism design with ambiguous transfers: An analysis in finite dimensional naive type spaces," Journal of Economic Theory, Elsevier, vol. 183(C), pages 76-105.
    3. Farinha Luz, Vitor, 2013. "Surplus extraction with rich type spaces," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2749-2762.

  40. Stephen Morris & Satoru Takahashi & Olivier Tercieux, 2012. "Robust Rationalizability Under Almost Common Certainty of Payoff," Post-Print hal-00813054, HAL.

    Cited by:

    1. Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.
    2. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2022. "Robust refinement of rationalizability with arbitrary payoff uncertainty," Games and Economic Behavior, Elsevier, vol. 136(C), pages 485-504.
    3. Annie Liang, 2019. "Games of Incomplete Information Played By Statisticians," Papers 1910.07018, arXiv.org, revised Jul 2020.
    4. Annie Liang, 2016. "Games of Incomplete Information Played by Statisticians," PIER Working Paper Archive 16-028, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Jan 2016.

  41. Dirk Bergemann & Stephen Morris, 2011. "Correlated Equilibrium in Games with Incomplete Information," Levine's Working Paper Archive 786969000000000265, David K. Levine.

    Cited by:

    1. Helmuts Āzacis & Péter Vida, 2015. "Collusive communication schemes in a first-price auction," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(1), pages 125-160, January.
    2. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    3. Dekel, Eddie & Siniscalchi, Marciano, 2015. "Epistemic Game Theory," Handbook of Game Theory with Economic Applications,, Elsevier.
    4. Jess Benhabib & Pengfei Wang & Yi Wen, 2017. "Uncertainty and Sentiment-Driven Equilibria," Studies in Economic Theory, in: Kazuo Nishimura & Alain Venditti & Nicholas C. Yannelis (ed.), Sunspots and Non-Linear Dynamics, chapter 0, pages 281-304, Springer.
    5. Jess Benhabib & Xuewen Liu & Pengfei Wang, 2015. "Sentiments, Financial Markets, and Macroeconomic Fluctuations," NBER Working Papers 21294, National Bureau of Economic Research, Inc.
    6. Blume, Andreas, 2012. "A class of strategy-correlated equilibria in sender–receiver games," Games and Economic Behavior, Elsevier, vol. 75(2), pages 510-517.
    7. Zhuozheng Li & Huanxing Yang & Lan Zhang, 2019. "Pre-communication in a coordination game with incomplete information," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(1), pages 109-141, March.
    8. Igal Milchtaich, 2014. "Implementability of correlated and communication equilibrium outcomes in incomplete information games," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(2), pages 283-350, May.
    9. Yang, Jianxia & Wu, John, 2013. "Strategic correlativity and network games," Economic Modelling, Elsevier, vol. 30(C), pages 663-669.

  42. Dirk Bergemann & Stephen Morris, 2011. "Robust Predictions in Games with Incomplete Information," Levine's Working Paper Archive 786969000000000275, David K. Levine.

    Cited by:

    1. Tatsuya Iwase & Yukihiro Tadokoro & Daisuke Fukuda, 2017. "Self-Fulfilling Signal of an Endogenous State in Network Congestion Games," Networks and Spatial Economics, Springer, vol. 17(3), pages 889-909, September.
    2. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    3. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    4. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
    5. Frick, Mira & , & Ishii, Yuhta, 2021. "Dispersed Behavior and Perceptions in Assortative Societies," CEPR Discussion Papers 16789, C.E.P.R. Discussion Papers.
    6. Smolin, Alex & Yamashita, Takuro, 2022. "Information Design in Concave Games," CEPR Discussion Papers 17066, C.E.P.R. Discussion Papers.
    7. Jeanne Hagenbach & Frédéric Koessler, 2019. "Partial Language Competence," SciencePo Working papers Main halshs-01988076, HAL.
    8. Fumitoshi Moriya & Takuro Yamashita, 2020. "Asymmetric‐information allocation to avoid coordination failure," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 173-186, January.
    9. Kevin He & Jonathan Libgober, 2021. "Evolutionarily Stable (Mis)specifications:Theory and Applications," PIER Working Paper Archive 21-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    10. Vasilis Syrgkanis & Elie Tamer & Juba Ziani, 2017. "Inference on Auctions with Weak Assumptions on Information," Papers 1710.03830, arXiv.org, revised Mar 2018.
    11. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2013. "The Limits of Price Discrimination," Working Papers 1464, Princeton University, Department of Economics, Econometric Research Program..
    12. Christian Myohl & Yannic Stucki, 2018. "Confidence and the Financial Accelerator," Diskussionsschriften dp1823, Universitaet Bern, Departement Volkswirtschaft.
    13. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2015. "First Price Auctions with General Information Structures: Implications for Bidding and Revenue," Cowles Foundation Discussion Papers 2018R2, Cowles Foundation for Research in Economics, Yale University, revised May 2016.
    14. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2018. "First-Price Auctions with General Information Structures: A Short Introduction," Cowles Foundation Discussion Papers 2132, Cowles Foundation for Research in Economics, Yale University.
    15. George-Marios Angeletos, 2018. "Frictional Coordination," Journal of the European Economic Association, European Economic Association, vol. 16(3), pages 563-603.
    16. Asseyer, Andreas, 2020. "Collusion and delegation under information control," Discussion Papers 2020/3, Free University Berlin, School of Business & Economics.
    17. Garrett, Daniel, 2020. "Payoff Implications of Incentive Contracting," CEPR Discussion Papers 14725, C.E.P.R. Discussion Papers.
    18. Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
    19. Gadi Barlevy & Fernando Alvarez, 2014. "Mandatory Disclosure and Financial Contagion," 2014 Meeting Papers 115, Society for Economic Dynamics.
    20. Kosuke Aoki & Hibiki Ichiue & Tatsushi Okuda, 2019. "Consumers' Price Beliefs, Central Bank Communication, and Inflation Dynamics," Bank of Japan Working Paper Series 19-E-14, Bank of Japan.
    21. Yang, Chao & Lee, Lung-fei & Qu, Xi, 2018. "Tobit models with social interactions: Complete vs incomplete information," Regional Science and Urban Economics, Elsevier, vol. 73(C), pages 30-50.
    22. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    23. Masaki Miyashita & Takashi Ui, 2023. "LQG Information Design," Papers 2312.09479, arXiv.org.
    24. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2019. "Counterfactuals with Latent Information," Cowles Foundation Discussion Papers 2162R3, Cowles Foundation for Research in Economics, Yale University, revised Aug 2021.
    25. Eliaz, Kfir & Forges, Françoise, 2015. "Information disclosure to Cournot duopolists," Economics Letters, Elsevier, vol. 126(C), pages 167-170.
    26. George-Marios Angeletos & Zhen Huo, 2018. "Collective Myopia and Habit," 2018 Meeting Papers 236, Society for Economic Dynamics.
    27. Khan, Mohammed Ali & Rath, Kali P. & Yu, Haomiao & Zhang, Yongchao, 2017. "On the equivalence of large individualized and distributionalized games," Theoretical Economics, Econometric Society, vol. 12(2), May.
    28. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    29. Ryan Chahrour & Gaetano Gaballo, 2015. "On the Nature and Stability of Sentiments," Boston College Working Papers in Economics 873, Boston College Department of Economics, revised 05 May 2015.
    30. Sylvain Chassang & Kei Kawai & Jun Nakabayashi & Juan M. Ortner, 2019. "Data Driven Regulation: Theory and Application to Missing Bids," NBER Working Papers 25654, National Bureau of Economic Research, Inc.
    31. Dirk Bergemann & Marco Ottaviani, 2021. "Information Markets and Nonmarkets," Cowles Foundation Discussion Papers 2296, Cowles Foundation for Research in Economics, Yale University.
    32. Ina Taneva, 2019. "Information Design," American Economic Journal: Microeconomics, American Economic Association, vol. 11(4), pages 151-185, November.
    33. Victor Aguirregabiria, 2020. "Identification of Firms' Beliefs in Structural Models of Market Competition," Working Papers tecipa-670, University of Toronto, Department of Economics.
    34. Ui, Takashi & Yoshizawa, Yasunori, 2015. "Characterizing social value of information," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 507-535.
    35. Tatsushi Okuda & Tomohiro Tsuruga, 2021. "Inflation Expectations and Central Bank Communication with Unknown Prior," IMES Discussion Paper Series 21-E-07, Institute for Monetary and Economic Studies, Bank of Japan.
    36. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium," American Economic Review, American Economic Association, vol. 106(5), pages 586-591, May.
    37. Antonio Penta & Peio Zuazo-Garin, 2022. "Rationalizability, Observability, and Common Knowledge [Player Importance and Forward Induction]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(2), pages 948-975.
    38. Galeotti, Andrea & Golub, Benjamin & Goyal, Sanjeev, 2018. "Targetting interventions in networks," Economics Discussion Papers 21698, University of Essex, Department of Economics.
    39. Furkan Sezer & Hossein Khazaei & Ceyhun Eksin, 2021. "Maximizing Social Welfare and Agreement via Information Design in Linear-Quadratic-Gaussian Games," Papers 2102.13047, arXiv.org, revised Feb 2023.
    40. Correia-da-Silva, João, 2020. "Self-rejecting mechanisms," Games and Economic Behavior, Elsevier, vol. 120(C), pages 434-457.
    41. Cristina Gualdani & Shruti Sinha, 2023. "Identification in Discrete Choice Models with Imperfect Information," Working Papers 949, Queen Mary University of London, School of Economics and Finance.
    42. Bernard Herskovic & João Ramos, 2020. "Acquiring Information through Peers," American Economic Review, American Economic Association, vol. 110(7), pages 2128-2152, July.
    43. Gualdani, Cristina & Sinha, Shruti, 2019. "Identification and inference in discrete choice models with imperfect information," TSE Working Papers 19-1049, Toulouse School of Economics (TSE), revised Jun 2020.
    44. Andrew Koh & Sivakorn Sanguanmoo, 2022. "Attention Capture," Papers 2209.05570, arXiv.org, revised Mar 2024.
    45. Ronen Gradwohl & Moshe Tennenholtz, 2020. "Coopetition Against an Amazon," Papers 2005.10038, arXiv.org, revised Nov 2021.
    46. George-Marios Angeletos & Luigi Iovino & Jennifer La'O, 2016. "Real Rigidity, Nominal Rigidity, and the Social Value of Information," American Economic Review, American Economic Association, vol. 106(1), pages 200-227, January.
    47. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2021. "Search, Information, and Prices," Journal of Political Economy, University of Chicago Press, vol. 129(8), pages 2275-2319.
    48. Sugaya, Takuo & Wolitzky, Alexander, 2018. "Bounding payoffs in repeated games with private monitoring: n-player games," Journal of Economic Theory, Elsevier, vol. 175(C), pages 58-87.
    49. Leal Vizcaíno René & Mekonnen Teddy, 2019. "Bayesian Comparative Statics," Working Papers 2019-03, Banco de México.
    50. Eliaz, Kfir & Eilat, Ran, 2020. "Collective Information Acquisition," CEPR Discussion Papers 15324, C.E.P.R. Discussion Papers.
    51. Ozan Candogan & Philipp Strack, 2021. "Optimal Disclosure of Information to a Privately Informed Receiver," Papers 2101.10431, arXiv.org, revised Jan 2022.
    52. Alessandro Pavan, 2014. "Attention, Coordination, and Bounded Recall," Discussion Papers 1576, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    53. Modibo Camara & Jason Hartline & Aleck Johnsen, 2020. "Mechanisms for a No-Regret Agent: Beyond the Common Prior," Papers 2009.05518, arXiv.org.
    54. G. Gaballo, 2017. "Price Dispersion, Private Uncertainty, and Endogenous Nominal Rigidities," Working papers 653, Banque de France.
    55. Candogan, Ozan & Strack, Philipp, 2023. "Optimal disclosure of information to privately informed agents," Theoretical Economics, Econometric Society, vol. 18(3), July.
    56. Daniel Garcia & Roee Teper & Matan Tsur, 2018. "Information Design in Insurance Markets: Selling Peaches in a Market for Lemons," CESifo Working Paper Series 6853, CESifo.
    57. Asseyer, Andreas, 2020. "Collusion and delegation under information control," Theoretical Economics, Econometric Society, vol. 15(4), November.
    58. Mass, Helene, 2018. "Strategies under strategic uncertainty," ZEW Discussion Papers 18-055, ZEW - Leibniz Centre for European Economic Research.
    59. Asriyan, Vladimir & Fuchs, William & Green, Brett, 2021. "Aggregation and design of information in asset markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 191(C).
    60. Bergemann, Dirk & Morris, Stephen & Heumann, Tibor, 2020. "Information, Market Power and Price Volatility," CEPR Discussion Papers 15104, C.E.P.R. Discussion Papers.
    61. Chan, Jimmy & Gupta, Seher & Li, Fei & Wang, Yun, 2019. "Pivotal persuasion," Journal of Economic Theory, Elsevier, vol. 180(C), pages 178-202.
      • Jimmy Chan & Seher Gupta & Fei Li & Yun Wang, 2018. "Pivotal Persuasion," Working Papers 2018-11-03, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    62. Jos'-Antonio Esp'n-S'nchez & 'lvaro Parra, 2018. "Entry Games under Private Information," Cowles Foundation Discussion Papers 2126, Cowles Foundation for Research in Economics, Yale University.
    63. Takashi Ui, 2022. "Optimal and Robust Disclosure of Public Information," Working Papers on Central Bank Communication 039, University of Tokyo, Graduate School of Economics.
    64. Lehrer, Ehud & Rosenberg, Dinah & Shmaya, Eran, 2013. "Garbling of signals and outcome equivalence," Games and Economic Behavior, Elsevier, vol. 81(C), pages 179-191.
    65. Vaissman Guinsburg, Pedro, 2020. "Information Design and Sensitivity to Market Fundamentals," MPRA Paper 101496, University Library of Munich, Germany, revised 03 Jun 2020.
    66. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2015. "Information and Market Power," Cowles Foundation Discussion Papers 2017R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.
    67. Bergemann, Dirk & Heumann, Tibor & Morris, Stephen, 2015. "Information and volatility," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 427-465.
    68. Mohammad Rasouli & Michael I. Jordan, 2021. "Data Sharing Markets," Papers 2107.08630, arXiv.org, revised Jul 2021.
    69. Gisèle Umbhauer, 2019. "Second-Price All-Pay Auctions and Best-Reply Matching Equilibria," Post-Print hal-03164468, HAL.
    70. Zhen Huo & Jess Benhabib & Sushant Acharya, 2017. "The Anatomy of Sentiment-driven Fluctuations," 2017 Meeting Papers 513, Society for Economic Dynamics.
    71. Yamashita, Takuro, 2018. "Optimal Public Information Disclosure by Mechanism Designer," TSE Working Papers 18-936, Toulouse School of Economics (TSE).
    72. Emiliano Cantonini & Antonio Penta, 2022. "Backward induction reasoning beyond backward induction," Economics Working Papers 1815, Department of Economics and Business, Universitat Pompeu Fabra.
    73. Wanchang Zhang, 2022. "Information-Robust Optimal Auctions," Papers 2205.04137, arXiv.org.
    74. Taneva, Ina A, 2015. "Information Design," SIRE Discussion Papers 2015-50, Scottish Institute for Research in Economics (SIRE).
    75. Kostas Bimpikis & Davide Crapis & Alireza Tahbaz-Salehi, 2019. "Information Sale and Competition," Management Science, INFORMS, vol. 67(6), pages 2646-2664, June.
    76. Anton Kolotilin & Tymofiy Mylovanov & Andriy Zapechelnyuk & Ming Li, 2017. "Persuasion of a Privately Informed Receiver," Econometrica, Econometric Society, vol. 85(6), pages 1949-1964, November.
    77. Wanchang Zhang, 2021. "Correlation-Robust Optimal Auctions," Papers 2105.04697, arXiv.org, revised May 2022.
    78. Alex Smolin & Takuro Yamashita, 2022. "Information Design in Smooth Games," Papers 2202.10883, arXiv.org, revised Dec 2023.
    79. Padilla, Jorge & Piccolo, Salvatore & Vasconcelos, Helder, 2021. "Should vertically integrated platforms be mandated to share information with their rivals?," Economics Letters, Elsevier, vol. 203(C).
    80. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    81. Alessandro Bonatti & Munther Dahleh & Thibaut Horel & Amir Nouripour, 2023. "Coordination via Selling Information," Papers 2302.12223, arXiv.org.
    82. Zenou, Yves & De Martí, Joan, 2014. "Network Games with Incomplete Information," CEPR Discussion Papers 10290, C.E.P.R. Discussion Papers.
    83. Catonini, Emiliano & Penta, Antonio, 2022. "Backward Induction Reasoning beyond Backward Induction," TSE Working Papers 22-1298, Toulouse School of Economics (TSE).
    84. Flynn, Joel P. & Sastry, Karthik A., 2023. "Strategic mistakes," Journal of Economic Theory, Elsevier, vol. 212(C).
    85. Dirk Bergemann & Alessandro Bonatti, 2019. "Markets for Information: An Introduction," Annual Review of Economics, Annual Reviews, vol. 11(1), pages 85-107, August.
    86. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    87. George-Marios Angeletos & Karthik Sastry, 2019. "Managing Expectations without Rational Expectations," 2019 Meeting Papers 1537, Society for Economic Dynamics.
    88. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    89. Charlotte Roman & Paolo Turrini, 2023. "Fighting for Routes: Resource Allocation among Competing Planners in Transportation Networks," Games, MDPI, vol. 14(3), pages 1-19, April.
    90. Andrew Caplin & Mark Dean, 2015. "Revealed Preference, Rational Inattention, and Costly Information Acquisition," American Economic Review, American Economic Association, vol. 105(7), pages 2183-2203, July.
    91. Elliott, M. & Galeotti., A. & Koh., A. & Li, W., 2021. "Market Segmentation Through Information," Janeway Institute Working Papers 2114, Faculty of Economics, University of Cambridge.
    92. Anna Bayona, 2018. "The social value of information with an endogenous public signal," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 1059-1087, December.
    93. Takashi Ui, 2020. "LQG Information Design," Working Papers on Central Bank Communication 018, University of Tokyo, Graduate School of Economics.
    94. Paul S. Koh, 2022. "Stable Outcomes and Information in Games: An Empirical Framework," Papers 2205.04990, arXiv.org, revised May 2023.
    95. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    96. George-Marios Angeletos & Karthik A. Sastry, 2018. "Managing Expectations: Instruments vs. Targets," NBER Working Papers 25404, National Bureau of Economic Research, Inc.
    97. Hyeon Park, 2019. "Multi-bidder First Price Auction with Beliefs," Studies in Microeconomics, , vol. 7(1), pages 140-160, June.
    98. Liu, Qingmin, 2015. "Correlation and common priors in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 157(C), pages 49-75.
    99. Cristina Gualdani & Shruti Sinha, 2019. "Identification in discrete choice models with imperfect information," Papers 1911.04529, arXiv.org, revised Dec 2023.
    100. Chady Jabbour & Anis Hoayek & Jean-Michel Salles, 2022. "Formalizing a Two-Step Decision-Making Process in Land Use: Evidence from Controlling Forest Clearcutting Using Spatial Information," Land, MDPI, vol. 12(1), pages 1-17, December.
    101. Evan Munro, 2020. "Treatment Allocation with Strategic Agents," Papers 2011.06528, arXiv.org, revised Apr 2023.
    102. Yanwei Jia & Jussi Keppo & Ville Satopää, 2023. "Herding in Probabilistic Forecasts," Management Science, INFORMS, vol. 69(5), pages 2713-2732, May.
    103. Takashi Ui, 2022. "Impacts of Public Information on Flexible Information Acquisition," Papers 2204.09250, arXiv.org, revised Apr 2022.
    104. Takashi Ui, 2022. "Optimal and Robust Disclosure of Public Information," Papers 2203.16809, arXiv.org, revised Apr 2022.
    105. Ian Ball, 2019. "Scoring Strategic Agents," Papers 1909.01888, arXiv.org, revised Oct 2023.
    106. Paul S. Koh, 2022. "Estimating Dynamic Games with Unknown Information Structure," Papers 2205.03706, arXiv.org, revised May 2022.
    107. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
    108. Chahrour, Ryan & Gaballo, Gaetano, 2017. "Learning from prices: amplication and business fluctuations," Working Paper Series 2053, European Central Bank.
    109. Lin, Zhongjian & Vella, Francis, 2021. "Selection and Endogenous Treatment Models with Social Interactions: An Application to the Impact of Exercise on Self-Esteem," IZA Discussion Papers 14167, Institute of Labor Economics (IZA).
    110. Emiliano Catonini & Antonio Penta, 2022. "Backward Induction Reasoning beyond Backward Induction," Working Papers 1315, Barcelona School of Economics.
    111. Jeffrey C. Ely, 2017. "Beeps," American Economic Review, American Economic Association, vol. 107(1), pages 31-53, January.
    112. Koh, Paul S., 2023. "Stable outcomes and information in games: An empirical framework," Journal of Econometrics, Elsevier, vol. 237(1).

  43. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Levine's Working Paper Archive 786969000000000187, David K. Levine.

    Cited by:

    1. Herweg, Fabian & Schmidt, Klaus, 2017. "Procurement with Unforeseen Contingencies," Rationality and Competition Discussion Paper Series 47, CRC TRR 190 Rationality and Competition.
    2. Borgers, Tilman & Smith, Doug, 2011. "Robust mechanism design and dominant strategy voting rules," MPRA Paper 37027, University Library of Munich, Germany.
    3. Liu, Heng, 2018. "Efficient dynamic mechanisms in environments with interdependent valuations: the role of contingent transfers," Theoretical Economics, Econometric Society, vol. 13(2), May.
    4. Hitoshi Matsushima & Shunya Noda, 2020. "Epistemological Mechanism Design (Revised version of CARF-F-496)," CARF F-Series CARF-F-498, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, revised Feb 2021.
    5. Lars EHLERS & Jordi MASSO, 2018. "Robust Design in Monotonic Matching Markets : A Case for Firm-Proposing Deferred-Acceptance," Cahiers de recherche 04-2018, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    6. Hitoshi Matsushima, 2020. "Implementation, Honesty, and Common Knowledge," CARF F-Series CARF-F-500, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    7. Hitoshi Matsushima, 2021. "Epistemological Implementation of Social Choice Functions," CARF F-Series CARF-F-518, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    8. de Clippel, Geoffroy & Saran, Rene & Serrano, Roberto, 2023. "Continuous level-k mechanism design," Games and Economic Behavior, Elsevier, vol. 140(C), pages 481-501.
    9. Hitoshi Matsushima & Shunya Noda, 2020. "Unique Information Elicitation," CARF F-Series CARF-F-496, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.

  44. Stephen Morris & Satoru Takahashi, 2011. "Common Certainty of Rationality Revisited," Working Papers 1301, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    2. Dekel, Eddie & Siniscalchi, Marciano, 2015. "Epistemic Game Theory," Handbook of Game Theory with Economic Applications,, Elsevier.
    3. Yi-Chun Chen & Xiao Luo & Chen Qu, 2016. "Rationalizability in general situations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(1), pages 147-167, January.

  45. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Levine's Working Paper Archive 661465000000000273, David K. Levine.

    Cited by:

    1. Grant, Simon & Meneghel, Idione & Tourky, Rabee, 2013. "Savage Games: A Theory of Strategic Interaction with Purely Subjective Uncertainty," Risk and Sustainable Management Group Working Papers 151501, University of Queensland, School of Economics.
    2. Dirk Bergemann & Stephen Morris, 2013. "Robust Predictions in Games with Incomplete Information," Levine's Working Paper Archive 786969000000000666, David K. Levine.
    3. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    4. Daley, Brendan & Sadowski, Philipp, 2017. "Magical thinking: A representation result," Theoretical Economics, Econometric Society, vol. 12(2), May.
    5. Gul, Faruk & Pesendorfer, Wolfgang, 2016. "Interdependent preference models as a theory of intentions," Journal of Economic Theory, Elsevier, vol. 165(C), pages 179-208.
    6. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2012. "Efficient Auctions and Interdependent Types," Cowles Foundation Discussion Papers 1846, Cowles Foundation for Research in Economics, Yale University.
    7. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
    8. Ganguli, Jayant & Heifetz, Aviad & Lee, Byung Soo, 2016. "Universal interactive preferences," Journal of Economic Theory, Elsevier, vol. 162(C), pages 237-260.
    9. Stephen Morris & Satoru Takahashi, 2011. "Common Certainty of Rationality Revisited," Working Papers 1301, Princeton University, Department of Economics, Econometric Research Program..
    10. Grant, Simon & Meneghel, Idione & Tourky, Rabee, 2016. "Savage games," Theoretical Economics, Econometric Society, vol. 11(2), May.
    11. Christopher P. Chambers & Nicolas S. Lambert, 2021. "Dynamic Belief Elicitation," Econometrica, Econometric Society, vol. 89(1), pages 375-414, January.
    12. Tsakas, Elias, 2018. "Robust scoring rules," Research Memorandum 023, Maastricht University, Graduate School of Business and Economics (GSBE).

  46. Moritz Meyer-ter-Vehn & Stephen Morris, 2010. "The Robustness of Robust Implementation," Working Papers 1252, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Philippe Jehiel & Moritz Meyer-Ter-Vehnc & Benny Moldovanu, 2012. "Locally robust implementation and its limits," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00813046, HAL.
    2. Madarász, Kristóf & Prat, Andrea, 2017. "Sellers with misspecified models," LSE Research Online Documents on Economics 87271, London School of Economics and Political Science, LSE Library.
    3. Carroll, Gabriel & Meng, Delong, 2016. "Locally robust contracts for moral hazard," Journal of Mathematical Economics, Elsevier, vol. 62(C), pages 36-51.
    4. Miura, Shintaro & Yamashita, Takuro, 2018. "Divergent Interpretation and Divergent Prediction in Communication," TSE Working Papers 18-939, Toulouse School of Economics (TSE).
    5. Modibo Camara & Jason Hartline & Aleck Johnsen, 2020. "Mechanisms for a No-Regret Agent: Beyond the Common Prior," Papers 2009.05518, arXiv.org.
    6. Javier Rivas Ruiz, 2014. "Mechanism Design and Robust Control," Department of Economics Working Papers 22/14, University of Bath, Department of Economics.
    7. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
    8. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
    9. Rivas, Javier, 2015. "Mechanism design and bounded rationality: The case of type misreporting," Mathematical Social Sciences, Elsevier, vol. 78(C), pages 6-13.

  47. Stephen Morris & Hyun Song Shin, 2010. "Contagious Adverse Selection," Working Papers 1251, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Goldstein, Itay & Razin, Assaf, 2015. "Three Branches of Theories of Financial Crises," Foundations and Trends(R) in Finance, now publishers, vol. 10(2), pages 113-180, 30.
    2. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    3. Diego Moreno & John Wooders, 2013. "Dynamic Markets for Lemons: Performance, Liquidity, and Policy Intervention," Working Paper Series 5, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    4. Trichet, J.C., 2011. "Intellectual challenges to financial stability analysis in the era of macroprudential oversight," Financial Stability Review, Banque de France, issue 15, pages 139-149, February.
    5. Hwang, Ilwoo, 2018. "Dynamic trading with developing adverse selection," Journal of Economic Theory, Elsevier, vol. 176(C), pages 761-802.
    6. Nathan Foley-Fisher & Rodney Ramcharan & Edison Yu, 2016. "The Impact of Unconventional Monetary Policy on Firm Financing Constraints : Evidence from the Maturity Extension Program," Finance and Economics Discussion Series 2016-025, Board of Governors of the Federal Reserve System (U.S.).
    7. Marco Di Maggio & Marco Pagano, 2012. "Financial Disclosure and Market Transparency with Costly Information Processing," EIEF Working Papers Series 1212, Einaudi Institute for Economics and Finance (EIEF), revised May 2014.
    8. Welburn, Jonathan & Hausken, Kjell, 2014. "Game-Theoretic Perspectives on Financial Crises," UiS Working Papers in Economics and Finance 2014/22, University of Stavanger.
    9. Carroll, Gabriel, 2016. "Informationally robust trade and limits to contagion," Journal of Economic Theory, Elsevier, vol. 166(C), pages 334-361.
    10. Anne-Marie Rieu-Foucault, 2017. "Point sur la fourniture de liquidié publique," EconomiX Working Papers 2017-27, University of Paris Nanterre, EconomiX.
    11. Tommaso Mancini Griffoli & Angelo Ranaldo, 2010. "Limits to arbitrage during the crisis: funding liquidity constraints and covered interest parity," Working Papers 2010-14, Swiss National Bank.
    12. Jonathan W. Welburn, 2020. "Crises Beyond Belief: Findings on Contagion, the Role of Beliefs, and the Eurozone Debt Crisis from a Borrower–Lender Game," Computational Economics, Springer;Society for Computational Economics, vol. 56(2), pages 263-317, August.
    13. Anne-Marie Rieu-Foucault, 2018. "Les interventions de crise de la FED et de la BCE diffèrent-elles ?," EconomiX Working Papers 2018-31, University of Paris Nanterre, EconomiX.
    14. Sylvain Benoît & Jean-Edouard Colliard & Christophe Hurlin & Christophe Pérignon, 2017. "Where the Risks Lie: A Survey on Systemic Risk," Post-Print hal-01498631, HAL.
    15. Carvajal, Andrés & Rostek, Marzena & Sublet, Guillaume, 2018. "Information design and capital formation," Journal of Economic Theory, Elsevier, vol. 176(C), pages 255-292.
    16. Anne-Marie Rieu-Foucault, 2017. "Point sur la fourniture de liquidié publique," Working Papers hal-04141643, HAL.
    17. Welburn, Jonathan & Hausken, Kjell, 2014. "A Game Theoretic Model of Economic Crises," UiS Working Papers in Economics and Finance 2014/23, University of Stavanger.
    18. Chernenko, Sergey & Hanson, Samuel Gregory & Sunderam, Adi, 2014. "The Rise and Fall of Demand for Securitizations," Working Paper Series 2014-16, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    19. Prokopczuk, Marcel & Siewert, Jan B. & Vonhoff, Volker, 2013. "Credit risk in covered bonds," Journal of Empirical Finance, Elsevier, vol. 21(C), pages 102-120.
    20. Silvo, Aino, 2017. "House prices, lending standards, and the macroeconomy," Bank of Finland Research Discussion Papers 4/2017, Bank of Finland.
    21. Bental, Benjamin & Demougin, Dominique, 2016. "Privatizing profits and socializing losses with smoothly operating capital markets," European Journal of Political Economy, Elsevier, vol. 44(C), pages 179-194.
    22. Salomón García, 2022. "Mortgage securitization and information frictions in general equilibrium," Working Papers 2221, Banco de España.
    23. Welburn, Jonathan William & Hausken, Kjell, 2015. "A Game-Theoretic Model with Empirics of Economic Crises," UiS Working Papers in Economics and Finance 2015/7, University of Stavanger.
    24. Chollete, Lorán & de la Peña, Victor & Klass, Michael, 2023. "The price of independence in a model with unknown dependence," Mathematical Social Sciences, Elsevier, vol. 123(C), pages 51-58.
    25. Chih-Hsiung Chang, 2022. "Information Asymmetry and Card Debt Crisis in Taiwan," Bulletin of Applied Economics, Risk Market Journals, vol. 9(2), pages 123-145.
    26. Augusto Hasman, 2013. "A Critical Review Of Contagion Risk In Banking," Journal of Economic Surveys, Wiley Blackwell, vol. 27(5), pages 978-995, December.
    27. Grzegorz Hałaj & Christoffer Kok, 2013. "Assessing interbank contagion using simulated networks," Computational Management Science, Springer, vol. 10(2), pages 157-186, June.
    28. Jonathan William Welburn & Kjell Hausken, 2017. "Game Theoretic Modeling of Economic Systems and the European Debt Crisis," Computational Economics, Springer;Society for Computational Economics, vol. 49(2), pages 177-226, February.
    29. Tsoy, Anton, 2018. "Alternating-offer bargaining with the global games information structure," Theoretical Economics, Econometric Society, vol. 13(2), May.
    30. Agur, Itai, 2013. "Multiple bank regulators and risk taking," Journal of Financial Stability, Elsevier, vol. 9(3), pages 259-268.
    31. Timothy Shields & Baohua Xin, 2012. "Higher-order Beliefs in Simple Trading Models," Working Papers 12-18, Chapman University, Economic Science Institute.
    32. Ordoñez, Guillermo, 2018. "Confidence banking and strategic default," Journal of Monetary Economics, Elsevier, vol. 100(C), pages 101-113.

  48. S. Morris & R. Rob & H. Shin, 2010. "p-dominance and Belief Potential," Levine's Working Paper Archive 505, David K. Levine.

    Cited by:

    1. Rosemarie Nagel & Antonio Cabrales & Roc Armenter, 2002. "Equilibrium selection through incomplete information in coordination games: An experimental study," Economics Working Papers 601, Department of Economics and Business, Universitat Pompeu Fabra.
    2. van Damme, E.E.C. & Bhaskar, V., 1997. "Moral hazard and private monitoring," Other publications TiSEM fcc97407-becb-465c-9856-e, Tilburg University, School of Economics and Management.
    3. David P. Myatt & Chris Wallace, 2002. "A Multinomial Probit Model of Stochastic Evolution," Economics Series Working Papers 90, University of Oxford, Department of Economics.
    4. Daisuke Oyama & Olivier Tercieux, 2009. "Iterated potential and robustness of equilibria," Post-Print halshs-00754349, HAL.
    5. Frankel, David M. & Morris, Stephen & Pauzner, Ady, 2003. "Equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 1-44, January.
    6. David K Levine & Wolfgang Pesendorfer, 2000. "Evolution Through Imitation in a Single Population," Levine's Working Paper Archive 2122, David K. Levine.
    7. Daisuke Oyama & Olivier Tercieux, 2010. "Robust equilibria under non-common priors," Post-Print halshs-00754466, HAL.
    8. Daijiro Okada & Olivier Tercieux, 2012. "Log-linear dynamics and local potential," Post-Print halshs-00754591, HAL.
    9. Gallice, Andrea, 2008. "Preempting versus Postponing: the Stealing Game," MPRA Paper 10256, University Library of Munich, Germany.
    10. Xiudeng Zheng & Ross Cressman & Yi Tao, 2011. "The Diffusion Approximation of Stochastic Evolutionary Game Dynamics: Mean Effective Fixation Time and the Significance of the One-Third Law," Dynamic Games and Applications, Springer, vol. 1(3), pages 462-477, September.
    11. Stephen Morris & Hyun Song Shin, 1998. "A Theory of the Onset of Currency Attacks," Cowles Foundation Discussion Papers 1204, Cowles Foundation for Research in Economics, Yale University.
    12. Fabrizio Germano, 2003. "On some geometry and equivalence classes of normal form games," Economics Working Papers 669, Department of Economics and Business, Universitat Pompeu Fabra.
    13. Sandholm,W.H., 1999. "Almost global convergence to p-dominant equilibrium," Working papers 37, Wisconsin Madison - Social Systems.
    14. Stephen Morris & Hyun Song Shin, 1999. "Coordination Risk and the Price of Debt," Cowles Foundation Discussion Papers 1241, Cowles Foundation for Research in Economics, Yale University.
    15. Agastya, Murali, 2003. "Stochastic Stability In A Double Auction," Working Papers 5, University of Sydney, School of Economics.
    16. Toshimasa Maruta, 1995. "On the Relationship Between Risk-Dominance and Stochastic Stability," Discussion Papers 1122, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    17. Amil Dasgupta & Jakub Steiner & Colin Stewart, 2007. "Efficient Dynamic Coordination with Individual Learning," Edinburgh School of Economics Discussion Paper Series 175, Edinburgh School of Economics, University of Edinburgh.
    18. Huberto M. Ennis, 2003. "Economic fundamentals and bank runs," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 89(Spr), pages 55-71.
    19. Atsushi Kajii & Stephen Morris, "undated". "The Robustness of Equilibria to Incomplete Information," Penn CARESS Working Papers ed504c985fc375cbe719b3f60, Penn Economics Department.
    20. Stephen Morris, 1997. "Interaction Games: A Unified Analysis of Incomplete Information, Local Interaction, and Random Matching," Research in Economics 97-08-072e, Santa Fe Institute.
    21. Phil Johnson, 1999. "Evolution and Information in a Gift Giving Game," Theory workshop papers 168, UCLA Department of Economics.
    22. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    23. Phillip Johnson & David K Levine & Wolfgang Pesendorfer, 1998. "Evolution and Information in a Prisoner's Dilemma Game," Levine's Working Paper Archive 2138, David K. Levine.
    24. Stephen Morris, "undated". "Contagion," Penn CARESS Working Papers ab67d13cfae3b5b56b7b9df3b, Penn Economics Department.
    25. Mr. M. Sbracia & Mr. Alessandro Prati, 2002. "Currency Crises and Uncertainty About Fundamentals," IMF Working Papers 2002/003, International Monetary Fund.
    26. Huberto M. Ennis & Todd Keister, 2003. "Aggregate demand management with multiple equilibria," Working Paper 03-04, Federal Reserve Bank of Richmond.
    27. Philip Johnson & David K. Levine & Wolfgang Pesendorfer, 2000. "Evolution and Information in a Gift Giving Game," Levine's Working Paper Archive 162, David K. Levine.
    28. Stegeman, Mark & Rhode, Paul, 2004. "Stochastic Darwinian equilibria in small and large populations," Games and Economic Behavior, Elsevier, vol. 49(1), pages 171-214, October.
    29. Ross Cressman, 2009. "Continuously stable strategies, neighborhood superiority and two-player games with continuous strategy space," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(2), pages 221-247, June.
    30. Franklin Allen & Douglas Gale, 1999. "Financial Contagion," Levine's Working Paper Archive 2092, David K. Levine.
    31. József Sákovics, 2001. "Games of Incomplete Information Without Common Knowledge Priors," Theory and Decision, Springer, vol. 50(4), pages 347-366, June.
    32. Stephen Morris & Hyun Song Shin, "undated". ""Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory''," CARESS Working Papres 96-07, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    33. Stephen Morris, "undated". "Co-operation and Timing," Penn CARESS Working Papers b8d506ba7aa15345b602bb4eb, Penn Economics Department.
    34. Christina Bannier, 2003. "The Role of Information Disparity in the 1994/95 Mexican Peso," International Finance 0310001, University Library of Munich, Germany.
    35. Juang, Wei-Torng, 2002. "Rule Evolution and Equilibrium Selection," Games and Economic Behavior, Elsevier, vol. 39(1), pages 71-90, April.
    36. Wilson Perez-Oviedo, 2015. "Citizens, dictators and networks: A game theory approach," Rationality and Society, , vol. 27(1), pages 3-39, February.

  49. Stephen Morris & Hyun Song Shin, 2010. "Contagious Adverse Selection - Revised November, 2010," Working Papers 1282, Princeton University, Department of Economics, Econometric Research Program..

    Cited by:

    1. Chih-Hsiung Chang, 2022. "Information Asymmetry and Card Debt Crisis in Taiwan," Bulletin of Applied Economics, Risk Market Journals, vol. 9(2), pages 123-145.

  50. Dirk Bergemann & Stephen Morris & Olivier Tercieux, 2010. "Rationalizable Implementation," Levine's Working Paper Archive 661465000000000022, David K. Levine.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2009. "Rationalizable Implementation," Cowles Foundation Discussion Papers 1697, Cowles Foundation for Research in Economics, Yale University.
    2. Ritesh Jain & Ville Korpela & Michele Lombardi, 2022. "An Iterative Approach to Rationalizable Implementation," CSEF Working Papers 640, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Claudio Mezzetti & Ludovic Renou, 2009. "Implementation in Mixed Nash Equilibrium," The Warwick Economics Research Paper Series (TWERPS) 902, University of Warwick, Department of Economics.
    4. Cabrales, Antonio & Serrano, Roberto, 2011. "Implementation in adaptive better-response dynamics: Towards a general theory of bounded rationality in mechanisms," Games and Economic Behavior, Elsevier, vol. 73(2), pages 360-374.
    5. Ritesh Jain, 2019. "Rationalizable Implementation of Social Choice Correspondences," IEAS Working Paper : academic research 19-A002, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    6. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    7. Kunimoto, Takashi & Serrano, Roberto, 2020. "Rationalizable Incentives: Interim Implementation of Sets in Rationalizable Strategies," Economics and Statistics Working Papers 4-2020, Singapore Management University, School of Economics.
    8. Renou, Ludovic & Schlag, Karl H., 2011. "Implementation in minimax regret equilibrium," Games and Economic Behavior, Elsevier, vol. 71(2), pages 527-533, March.
    9. Xiong, Siyang, 2023. "Rationalizable implementation of social choice functions: complete characterization," Theoretical Economics, Econometric Society, vol. 18(1), January.
    10. Takashi Kunimoto & Roberto Serrano, 2010. "A New Necessary Condition for Implementation in Iteratively Undominated Strategies," Working Papers 2010-2, Brown University, Department of Economics.
    11. Crawford, Vincent P., 2021. "Efficient mechanisms for level-k bilateral trading," Games and Economic Behavior, Elsevier, vol. 127(C), pages 80-101.
    12. Lombardi, Michele & Yoshihara, Naoki & 吉原, 直毅, 2011. "Partially-honest Nash implementation: Characterization results," CCES Discussion Paper Series 43, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
    13. Shimoji, Makoto & Schweinzer, Paul, 2015. "Implementation without incentive compatibility: Two stories with partially informed planners," Games and Economic Behavior, Elsevier, vol. 91(C), pages 258-267.
    14. Ritesh Jain & Michele Lombardi, 2019. "Virtual implementation by bounded mechanisms: Complete information," IEAS Working Paper : academic research 19-A001, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    15. Mathevet, Laurent & Taneva, Ina, 2013. "Finite supermodular design with interdependent valuations," Games and Economic Behavior, Elsevier, vol. 82(C), pages 327-349.
    16. Kneeland, Terri, 2022. "Mechanism design with level-k types: Theory and an application to bilateral trade," Journal of Economic Theory, Elsevier, vol. 201(C).
    17. Matteo Escud'e & Ludvig Sinander, 2018. "Strictly strategy-proof auctions," Papers 1807.11864, arXiv.org, revised Jul 2020.
    18. Saran, Rene, 2016. "Bounded depths of rationality and implementation with complete information," Journal of Economic Theory, Elsevier, vol. 165(C), pages 517-564.
    19. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
    20. Chen, Yi-Chun & Sun, Yifei, 2015. "Full implementation in backward induction," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 71-76.
    21. Kunimoto, Takashi & Saran, Rene & Serrano, Roberto, 2020. "Interim Rationalizable Implementation of Functions," Economics and Statistics Working Papers 21-2020, Singapore Management University, School of Economics.
    22. Gabriel Ziegler & Peio Zuazo-Garin, 2019. "Strategic cautiousness as an expression of robustness to ambiguity," Economics Working Papers 1630, Department of Economics and Business, Universitat Pompeu Fabra.
    23. Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    24. Gavan, Malachy James & Penta, Antonio, 2022. "Safe Implementation," TSE Working Papers 22-1369, Toulouse School of Economics (TSE).
    25. , J. & ,, 2012. "Designing stable mechanisms for economic environments," Theoretical Economics, Econometric Society, vol. 7(3), September.
    26. Kimya, Mert, 2017. "Nash implementation and tie-breaking rules," Games and Economic Behavior, Elsevier, vol. 102(C), pages 138-146.
    27. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei & Xiong, Siyang, 2021. "Rationalizable implementation in finite mechanisms," Games and Economic Behavior, Elsevier, vol. 129(C), pages 181-197.
    28. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
    29. Malachy James Gavan & Antonio Penta, 2022. "Safe Implementation," Working Papers 1363, Barcelona School of Economics.
    30. Corbae, Dean & Marimon, Ramon, 2011. "Introduction to Incompleteness and Uncertainty in Economics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 775-784, May.
    31. Yi-Chun Chen & Xiao Luo & Chen Qu, 2016. "Rationalizability in general situations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(1), pages 147-167, January.
    32. Geoffroy de Clippel & Rene Saran & Roberto Serrano, 2014. "Mechanism Design with Bounded Depth of Reasoning and Small Modeling Mistakes," Working Papers 2014-7, Brown University, Department of Economics.

  51. Dirk Bergemann & Stephen Morris, 2009. "Robust Implementation in Direct Mechanisms," Levine's Working Paper Archive 814577000000000109, David K. Levine.

    Cited by:

    1. Penelope Hernandez & Edson Manuel Muñoz Herrera & Angel Sanchez, 2011. "Heterogeneous Network Games: Conflicting Preferences," Discussion Papers in Economic Behaviour 0411, University of Valencia, ERI-CES.
    2. Dirk Bergemann & Stephen Morris, 2009. "Rationalizable Implementation," Cowles Foundation Discussion Papers 1697, Cowles Foundation for Research in Economics, Yale University.
    3. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    4. Mostafa Beshkar & Jee-Hyeong Park, 2017. "Dispute Settlement with Second-Order Uncertainty: The Case of International Trade Disputes," CAEPR Working Papers 2017-010, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    5. Tilman Borgers & Doug Smith, 2012. "Robustly Ranking Mechanisms," American Economic Review, American Economic Association, vol. 102(3), pages 325-329, May.
    6. Meyer-ter-Vehn, Moritz & Morris, Stephen, 2011. "The robustness of robust implementation," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2093-2104, September.
    7. Guo, Huiyi & Yannelis, Nicholas C., 2022. "Robust coalitional implementation," Games and Economic Behavior, Elsevier, vol. 132(C), pages 553-575.
    8. Battigalli Pierpaolo & Di Tillio Alfredo & Grillo Edoardo & Penta Antonio, 2011. "Interactive Epistemology and Solution Concepts for Games with Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-40, March.
    9. Müller, Christoph, 2020. "Robust implementation in weakly perfect Bayesian strategies," Journal of Economic Theory, Elsevier, vol. 189(C).
    10. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    11. Yann Bramoullé & Rachel Kranton & Martin d'Amours, 2014. "Strategic Interaction and Networks," PSE-Ecole d'économie de Paris (Postprint) halshs-00978692, HAL.
    12. Philippe Jehiel & Moritz Meyer-Ter-Vehnc & Benny Moldovanu, 2012. "Locally robust implementation and its limits," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00813046, HAL.
    13. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    14. Mariann Ollár & Antonio Penta, 2021. "A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions," Working Papers 1248, Barcelona School of Economics.
    15. Zhiwei Liu, 2016. "Implementation of maximin rational expectations equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(4), pages 813-837, October.
    16. Martin Hellwig, 2015. "Financial Stability and Monetary Policy," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2015_10, Max Planck Institute for Research on Collective Goods.
    17. Tristan Tomala & L. Renou, 2010. "Mechanism Design and Communication Networks," Post-Print hal-00543607, HAL.
    18. Diego Moreno & María Moscoso, 2013. "Strategy-proof allocation mechanisms for economies with public goods," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 315-336, January.
    19. Luciano I. Castro & Zhiwei Liu & Nicholas C. Yannelis, 2017. "Ambiguous implementation: the partition model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(1), pages 233-261, January.
    20. Xiong, Siyang, 2023. "Rationalizable implementation of social choice functions: complete characterization," Theoretical Economics, Econometric Society, vol. 18(1), January.
    21. Felix Bierbrauer & Martin Hellwig, 2011. "Mechanism Design and Voting for Public-Good Provision," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2011_31, Max Planck Institute for Research on Collective Goods.
    22. Crawford, Vincent P., 2021. "Efficient mechanisms for level-k bilateral trading," Games and Economic Behavior, Elsevier, vol. 127(C), pages 80-101.
    23. Mariann Ollár & Antonio Penta, 2022. "Efficient Full Implementation via Transfers: Uniqueness and Sensitivity in Symmetric Environments," Working Papers 1311, Barcelona School of Economics.
    24. Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2012. "The Strategic Impact of Higher-Order Beliefs," Cowles Foundation Discussion Papers 1875, Cowles Foundation for Research in Economics, Yale University.
    25. Shimoji, Makoto & Schweinzer, Paul, 2015. "Implementation without incentive compatibility: Two stories with partially informed planners," Games and Economic Behavior, Elsevier, vol. 91(C), pages 258-267.
    26. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2012. "Efficient Auctions and Interdependent Types," Cowles Foundation Discussion Papers 1846, Cowles Foundation for Research in Economics, Yale University.
    27. Antonio Penta & Peio Zuazo-Garin, 2022. "Rationalizability, Observability, and Common Knowledge [Player Importance and Forward Induction]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(2), pages 948-975.
    28. Harry Pei & Bruno Strulovici, 2021. "Robust Implementation with Costly Information," Papers 2112.06032, arXiv.org.
    29. Mostafa Beshkar & Jee-Hyeong Park, 2019. "Dispute Settlement with Second-Order Uncertainty," Working Paper Series no106, Institute of Economic Research, Seoul National University.
    30. Mathevet, Laurent & Taneva, Ina, 2013. "Finite supermodular design with interdependent valuations," Games and Economic Behavior, Elsevier, vol. 82(C), pages 327-349.
    31. Kneeland, Terri, 2022. "Mechanism design with level-k types: Theory and an application to bilateral trade," Journal of Economic Theory, Elsevier, vol. 201(C).
    32. Matteo Escud'e & Ludvig Sinander, 2018. "Strictly strategy-proof auctions," Papers 1807.11864, arXiv.org, revised Jul 2020.
    33. Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
    34. Saran, Rene, 2016. "Bounded depths of rationality and implementation with complete information," Journal of Economic Theory, Elsevier, vol. 165(C), pages 517-564.
    35. Paul Schweinzer & Makoto Shimoji, "undated". "Captain MacWhirr's Problem Revisited," Discussion Papers 11/12, Department of Economics, University of York.
    36. Nicholas C Bedard & Jacob K Goeree & Ningyi Sun, 2023. "Multivariate Majorization in Principal-Agents Models," Papers 2308.13804, arXiv.org.
    37. Carrasco, Vinicius & Salgado, Pablo, 2014. "Coordinated strategic defaults and financial fragility in a costly state verification model," Journal of Financial Intermediation, Elsevier, vol. 23(1), pages 129-139.
    38. Ollar, Mariann & Penta, Antonio, 2021. "Efficient Full Implementation via Transfers: Uniqueness and Sensitivity in Symmetric Environments," TSE Working Papers 21-1262, Toulouse School of Economics (TSE).
    39. Gabriel Ziegler & Peio Zuazo-Garin, 2019. "Strategic cautiousness as an expression of robustness to ambiguity," Economics Working Papers 1630, Department of Economics and Business, Universitat Pompeu Fabra.
    40. Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    41. de Castro, Luciano I. & Liu, Zhiwei & Yannelis, Nicholas C., 2017. "Implementation under ambiguity," Games and Economic Behavior, Elsevier, vol. 101(C), pages 20-33.
    42. ,, 2013. "On the structure of rationalizability for arbitrary spaces of uncertainty," Theoretical Economics, Econometric Society, vol. 8(2), May.
    43. Adachi, Tsuyoshi, 2014. "Robust and secure implementation: equivalence theorems," Games and Economic Behavior, Elsevier, vol. 86(C), pages 96-101.
    44. Mariann Ollar & Antonio Penta, 2019. "Implementation via Transfers with Identical but Unknown Distributions," Working Papers 1126, Barcelona School of Economics.
    45. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
    46. Hideki Mizukami & Takuma Wakayama, 2015. "Ex post self-implementation," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 357-367, October.
    47. Di Tillio, Alfredo, 2011. "A robustness result for rationalizable implementation," Games and Economic Behavior, Elsevier, vol. 72(1), pages 301-305, May.
    48. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
    49. Giulio Cimini, 2017. "Evolutionary Network Games: Equilibria from Imitation and Best Response Dynamics," Complexity, Hindawi, vol. 2017, pages 1-14, August.
    50. Beard, Rodney & Mallawaarachchi, Thilak, 2011. "Are international environmental agreements stable ex-post?," MPRA Paper 34303, University Library of Munich, Germany.
    51. Rivas, Javier, 2015. "Mechanism design and bounded rationality: The case of type misreporting," Mathematical Social Sciences, Elsevier, vol. 78(C), pages 6-13.
    52. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
    53. Koch, Caleb M., 2019. "Index-wise comparative statics," Mathematical Social Sciences, Elsevier, vol. 102(C), pages 35-41.
    54. Yamashita, Takuro, 2015. "Strategic and structural uncertainty in robust implementation," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 267-279.

  52. V. Bhaskar & George J. Mailathy & Stephen Morris, 2009. "A Foundation for Markov Equilibria in Infinite Horizon Perfect Information Games," Levine's Working Paper Archive 814577000000000178, David K. Levine.

    Cited by:

    1. Sperisen, Benjamin, 2018. "Bounded memory and incomplete information," Games and Economic Behavior, Elsevier, vol. 109(C), pages 382-400.
    2. Can, Burak, 2014. "Weighted distances between preferences," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 109-115.
    3. P. Jean-Jacques Herings & Harold Houba, 2010. "The Condorcet Paradox Revisited," Tinbergen Institute Discussion Papers 10-026/1, Tinbergen Institute.
    4. Matros, Alexander & Smirnov, Vladimir, 2016. "Duplicative search," Games and Economic Behavior, Elsevier, vol. 99(C), pages 1-22.
    5. Hannu Salonen & Hannu Vartiainen, 2011. "On the Existence of Markov Perfect Equilibria in Perfect Information Games," Discussion Papers 68, Aboa Centre for Economics.
    6. Marina Azzimonti, 2009. "Barriers to investment in polarized societies," 2009 Meeting Papers 1233, Society for Economic Dynamics.
    7. de Roos, Nicolas & Matros, Alexander & Smirnov, Vladimir & Wait, Andrew, 2018. "Shipwrecks and treasure hunters," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 259-283.
    8. Doraszelski, Ulrich & Escobar, Juan, 2016. "Protocol Invariance and the Timing of Decisions in Dynamic Games," CEPR Discussion Papers 11447, C.E.P.R. Discussion Papers.

  53. Dirk Bergemann & Stephen Morris, 2009. "Robust Virtual Implementation," Levine's Working Paper Archive 814577000000000155, David K. Levine.

    Cited by:

    1. Müller, Christoph, 2020. "Robust implementation in weakly perfect Bayesian strategies," Journal of Economic Theory, Elsevier, vol. 189(C).
    2. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    3. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    4. Hitoshi Matsushima, 2015. "Implementation, Verification, and Detection," CIRJE F-Series CIRJE-F-991, CIRJE, Faculty of Economics, University of Tokyo.
    5. Roberto Serrano & Rajiv Vohra, 2009. "Multiplicity of Mixed Equilibria in Mechanisms: a Unified Approach ot Exact and Approximate Implementation," Working Papers 2009-11, Brown University, Department of Economics.
    6. Takashi Kunimoto & Roberto Serrano, 2010. "A New Necessary Condition for Implementation in Iteratively Undominated Strategies," Working Papers 2010-2, Brown University, Department of Economics.
    7. Gul, Faruk & Pesendorfer, Wolfgang, 2016. "Interdependent preference models as a theory of intentions," Journal of Economic Theory, Elsevier, vol. 165(C), pages 179-208.
    8. Artemov, Georgy & Kunimoto, Takashi & Serrano, Roberto, 2013. "Robust virtual implementation: Toward a reinterpretation of the Wilson doctrine," Journal of Economic Theory, Elsevier, vol. 148(2), pages 424-447.
    9. Kyungmin Kim & Antonio Penta, 2012. "A Robustly Efficient Auction," Carlo Alberto Notebooks 248, Collegio Carlo Alberto.
    10. Hitoshi Matsushima, 2017. "Dynamic Implementation, Verification, and Detection," CIRJE F-Series CIRJE-F-1058, CIRJE, Faculty of Economics, University of Tokyo.
    11. Ritesh Jain & Michele Lombardi, 2019. "Virtual implementation by bounded mechanisms: Complete information," IEAS Working Paper : academic research 19-A001, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    12. Matteo Escud'e & Ludvig Sinander, 2018. "Strictly strategy-proof auctions," Papers 1807.11864, arXiv.org, revised Jul 2020.
    13. Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
    14. Kunimoto, Takashi, 2020. "Robust virtual implementation with almost complete information," Mathematical Social Sciences, Elsevier, vol. 108(C), pages 62-73.
    15. Kunimoto, Takashi & Saran, Rene & Serrano, Roberto, 2020. "Interim Rationalizable Implementation of Functions," Economics and Statistics Working Papers 21-2020, Singapore Management University, School of Economics.
    16. Ghossoub, Mario, 2010. "Belief heterogeneity in the Arrow-Borch-Raviv insurance model," MPRA Paper 37630, University Library of Munich, Germany, revised 22 Mar 2012.
    17. Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    18. Adachi, Tsuyoshi, 2014. "Robust and secure implementation: equivalence theorems," Games and Economic Behavior, Elsevier, vol. 86(C), pages 96-101.
    19. Noga Alon & Kirill Rudov & Leeat Yariv, 2021. "Dominance Solvability in Random Games," Working Papers 2021-84, Princeton University. Economics Department..
    20. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
    21. Yi-Chun Chen & Xiao Luo, 2012. "An indistinguishability result on rationalizability under general preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(1), pages 1-12, September.
    22. Kobbi Nissim & Rann Smorodinsky & Moshe Tennenholtz, 2018. "Segmentation, Incentives, and Privacy," Mathematics of Operations Research, INFORMS, vol. 43(4), pages 1252-1268, November.
    23. Di Tillio, Alfredo, 2011. "A robustness result for rationalizable implementation," Games and Economic Behavior, Elsevier, vol. 72(1), pages 301-305, May.
    24. Chen, Yi-Chun & Kunimoto, Takashi & 国本, 隆 & Sun, Yifei, 2015. "Implementation with Transfers," Discussion Papers 2015-04, Graduate School of Economics, Hitotsubashi University.
    25. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.

  54. Dirk Bergemann & Stephen Morris, 2008. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 122247000000002286, David K. Levine.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2009. "Rationalizable Implementation," Cowles Foundation Discussion Papers 1697, Cowles Foundation for Research in Economics, Yale University.
    2. Tilman Borgers & Doug Smith, 2012. "Robustly Ranking Mechanisms," American Economic Review, American Economic Association, vol. 102(3), pages 325-329, May.
    3. Guo, Huiyi & Yannelis, Nicholas C., 2022. "Robust coalitional implementation," Games and Economic Behavior, Elsevier, vol. 132(C), pages 553-575.
    4. Müller, Christoph, 2020. "Robust implementation in weakly perfect Bayesian strategies," Journal of Economic Theory, Elsevier, vol. 189(C).
    5. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    6. Mariann Ollár & Antonio Penta, 2021. "A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions," Working Papers 1248, Barcelona School of Economics.
    7. Kunimoto, Takashi & Serrano, Roberto, 2020. "Rationalizable Incentives: Interim Implementation of Sets in Rationalizable Strategies," Economics and Statistics Working Papers 4-2020, Singapore Management University, School of Economics.
    8. Frédéric Koessler & Eduardo Perez-Richet, 2019. "Evidence Reading Mechanisms," SciencePo Working papers Main halshs-02302036, HAL.
    9. Artemov, Georgy & Kunimoto, Takashi & Serrano, Roberto, 2013. "Robust virtual implementation: Toward a reinterpretation of the Wilson doctrine," Journal of Economic Theory, Elsevier, vol. 148(2), pages 424-447.
    10. Kyungmin Kim & Antonio Penta, 2012. "A Robustly Efficient Auction," Carlo Alberto Notebooks 248, Collegio Carlo Alberto.
    11. Shimoji, Makoto & Schweinzer, Paul, 2015. "Implementation without incentive compatibility: Two stories with partially informed planners," Games and Economic Behavior, Elsevier, vol. 91(C), pages 258-267.
    12. Alexander L. Brown & Daniel G. Stephenson & Rodrigo A. Velez, 2024. "Testing the simplicity of strategy-proof mechanisms," Papers 2404.11883, arXiv.org.
    13. Ritesh Jain & Michele Lombardi, 2023. "On Interim Rationalizable Monotonicity," Working Papers 202315, University of Liverpool, Department of Economics.
    14. R Jain & M Lombardi, 2022. "On the Relationship between Robust and Rationalizable Implementation," Working Papers 202204, University of Liverpool, Department of Economics.
    15. Borgers, Tilman & Smith, Doug, 2011. "Robust mechanism design and dominant strategy voting rules," MPRA Paper 37027, University Library of Munich, Germany.
    16. Modibo Camara & Jason Hartline & Aleck Johnsen, 2020. "Mechanisms for a No-Regret Agent: Beyond the Common Prior," Papers 2009.05518, arXiv.org.
    17. Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
    18. Yu Chen & Zhenhua Wu, 2012. "Delegation Principle for Multi-agency Games under Ex Post Equilibrium," CAEPR Working Papers 2012-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    19. Ghossoub, Mario, 2010. "Belief heterogeneity in the Arrow-Borch-Raviv insurance model," MPRA Paper 37630, University Library of Munich, Germany, revised 22 Mar 2012.
    20. Gabriel Ziegler & Peio Zuazo-Garin, 2019. "Strategic cautiousness as an expression of robustness to ambiguity," Economics Working Papers 1630, Department of Economics and Business, Universitat Pompeu Fabra.
    21. Rodrigo A. Velez & Alexander L. Brown, 2019. "Empirical strategy-proofness," Papers 1907.12408, arXiv.org, revised Jul 2020.
    22. Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    23. de Castro, Luciano I. & Liu, Zhiwei & Yannelis, Nicholas C., 2017. "Implementation under ambiguity," Games and Economic Behavior, Elsevier, vol. 101(C), pages 20-33.
    24. Caleb Koch, 2020. "Implementation with ex post hidden actions," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 5(1), pages 1-35, December.
    25. Adachi, Tsuyoshi, 2014. "Robust and secure implementation: equivalence theorems," Games and Economic Behavior, Elsevier, vol. 86(C), pages 96-101.
    26. Mariann Ollar & Antonio Penta, 2019. "Implementation via Transfers with Identical but Unknown Distributions," Working Papers 1126, Barcelona School of Economics.
    27. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
    28. Takashi Kunimoto & Roberto Serrano, 2010. "Evaluating the Conditions for Robust Mechanism Design Abstract: We assess the strength of the different conditions identified in the literature of robust mechanism design. We focus on three conditions," Working Papers 2010-6, Brown University, Department of Economics.
    29. Rodrigo A. Velez & Alexander L. Brown, 2018. "Empirical Equilibrium," Papers 1804.07986, arXiv.org, revised Jul 2020.
    30. Hideki Mizukami & Takuma Wakayama, 2015. "Ex post self-implementation," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 357-367, October.
    31. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
    32. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
    33. Yamashita, Takuro, 2015. "Strategic and structural uncertainty in robust implementation," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 267-279.

  55. Dirk Bergemann & Stephen Morris, 2007. "Ascending Auction: Uniqueness and Robustness to Strategic Uncertainty," Levine's Bibliography 321307000000000845, UCLA Department of Economics.

    Cited by:

    1. Loertscher, Simon & Mezzetti, Claudio, 2021. "A dominant strategy, double clock auction with estimation-based tatonnement," Theoretical Economics, Econometric Society, vol. 16(3), July.
    2. Bergemann, Dirk & Stephen Morris, 2006. "Robust Implementation in Direct Mechanisms," Cowles Foundation Discussion Papers 1561R2, Cowles Foundation for Research in Economics, Yale University, revised Jan 2009.
    3. Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
    4. Ning Sun & Zaifu Yang, 2014. "An Efficient and Incentive Compatible Dynamic Auction for Multiple Complements," Journal of Political Economy, University of Chicago Press, vol. 122(2), pages 422-466.
    5. Gerard van der Laan & Zaifu Yang, 2011. "An Ascending Multi-Item Auction with Financially Constrained Bidders," Discussion Papers 11/04, Department of Economics, University of York.
    6. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
    7. Zaifu Yang & Jingsheng Yu, 2018. "Efficient Ascending Menu Auctions with Budget Constrained Bidders," Discussion Papers 18/09, Department of Economics, University of York.
    8. Satoru Fujishige & Zaifu Yang, 2020. "A Universal Dynamic Auction for Unimodular Demand Types: An Efficient Auction Design for Various Kinds of Indivisible Commodities," Discussion Papers 20/08, Department of Economics, University of York.
    9. Emiliano Cantonini & Antonio Penta, 2022. "Backward induction reasoning beyond backward induction," Economics Working Papers 1815, Department of Economics and Business, Universitat Pompeu Fabra.
    10. Catonini, Emiliano & Penta, Antonio, 2022. "Backward Induction Reasoning beyond Backward Induction," TSE Working Papers 22-1298, Toulouse School of Economics (TSE).
    11. Levent Ulku, 2010. "Monotone Implementation," Working Papers 1004, Centro de Investigacion Economica, ITAM.
    12. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
    13. Emiliano Catonini & Antonio Penta, 2022. "Backward Induction Reasoning beyond Backward Induction," Working Papers 1315, Barcelona School of Economics.
    14. Ülkü, Levent, 2014. "Implementation in an interdependent value framework," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 64-70.

  56. Dirk Bergemann & Stephen Morris, 2007. "An Ascending Auction for Independent Values: Uniqueness and Robustness to Strategic Uncertainty," Cowles Foundation Discussion Papers 1600, Cowles Foundation for Research in Economics, Yale University, revised Mar 2007.

    Cited by:

    1. Loertscher, Simon & Mezzetti, Claudio, 2021. "A dominant strategy, double clock auction with estimation-based tatonnement," Theoretical Economics, Econometric Society, vol. 16(3), July.
    2. Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
    3. Gerard van der Laan & Zaifu Yang, 2011. "An Ascending Multi-Item Auction with Financially Constrained Bidders," Discussion Papers 11/04, Department of Economics, University of York.
    4. Zaifu Yang & Jingsheng Yu, 2018. "Efficient Ascending Menu Auctions with Budget Constrained Bidders," Discussion Papers 18/09, Department of Economics, University of York.
    5. Satoru Fujishige & Zaifu Yang, 2020. "A Universal Dynamic Auction for Unimodular Demand Types: An Efficient Auction Design for Various Kinds of Indivisible Commodities," Discussion Papers 20/08, Department of Economics, University of York.
    6. Catonini, Emiliano & Penta, Antonio, 2022. "Backward Induction Reasoning beyond Backward Induction," TSE Working Papers 22-1298, Toulouse School of Economics (TSE).
    7. Levent Ulku, 2010. "Monotone Implementation," Working Papers 1004, Centro de Investigacion Economica, ITAM.
    8. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
    9. Ülkü, Levent, 2014. "Implementation in an interdependent value framework," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 64-70.

  57. Dirk Bergemann & Stephen Morris, 2007. "Belief Free Incomplete Information Games," Levine's Bibliography 122247000000001569, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. Battigalli Pierpaolo & Di Tillio Alfredo & Grillo Edoardo & Penta Antonio, 2011. "Interactive Epistemology and Solution Concepts for Games with Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-40, March.
    3. Dirk Bergemann & Stephen Morris, 2012. "The Role of the Common Prior in Robust Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 6, pages 241-251, World Scientific Publishing Co. Pte. Ltd..
    4. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    5. Dirk Bergemann & Stephen Morris, 2014. "Informational Robustness and Solution Concepts," Cowles Foundation Discussion Papers 1973, Cowles Foundation for Research in Economics, Yale University.
    6. Fudenberg, Drew & Yamamoto, Yuichi, 2011. "Learning from private information in noisy repeated games," Journal of Economic Theory, Elsevier, vol. 146(5), pages 1733-1769, September.
    7. Stefano Lovo & Johannes Hörner & Tristan Tomala, 2011. "Belief-free equilibria in games with incomplete information: characterization and existence," Post-Print hal-00630299, HAL.
    8. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures," Levine's Working Paper Archive 786969000000000725, David K. Levine.
    9. Dirk Bergemann & Stephen Morris, 2011. "Correlated Equilibrium in Games with Incomplete Information," Cowles Foundation Discussion Papers 1822, Cowles Foundation for Research in Economics, Yale University.
    10. Dirk Bergemann & Stephen Morris, 2013. "The Comparison of Information Structures in Games: Bayes Correlated Equilibrium and Individual Sufficiency," Cowles Foundation Discussion Papers 1909, Cowles Foundation for Research in Economics, Yale University.
    11. Giuseppe Cappelletti, 2010. "A note on rationalizability and restrictions on belief," Temi di discussione (Economic working papers) 757, Bank of Italy, Economic Research and International Relations Area.
    12. Battigalli, Pierpaolo & Siniscalchi, Marciano, 2007. "Interactive epistemology in games with payoff uncertainty," Research in Economics, Elsevier, vol. 61(4), pages 165-184, December.
    13. Igal Milchtaich, 2014. "Implementability of correlated and communication equilibrium outcomes in incomplete information games," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(2), pages 283-350, May.
    14. Yang, Jianxia & Wu, John, 2013. "Strategic correlativity and network games," Economic Modelling, Elsevier, vol. 30(C), pages 663-669.
    15. Yamashita, Takuro, 2015. "Strategic and structural uncertainty in robust implementation," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 267-279.

  58. Stephen Morris & Hyun Song Shin, 2007. "Coordinating Expectations in Monetary Policy," Levine's Bibliography 321307000000000956, UCLA Department of Economics.

    Cited by:

    1. Beaupain, Renaud & Girard, Alexandre, 2020. "The value of understanding central bank communication," Economic Modelling, Elsevier, vol. 85(C), pages 154-165.
    2. Ted Temzelides & Cyril Monnet & Marie Hoerova, 2008. "Public Information and Monetary Policy," 2008 Meeting Papers 5, Society for Economic Dynamics.
    3. Trabelsi, Emna, 2016. "Central bank transparency and the consensus forecast: What does The Economist poll of forecasters tell us?," Research in International Business and Finance, Elsevier, vol. 38(C), pages 338-359.
    4. Trabelsi, Emna, 2010. "Central bank communication: fragmentation as an engine for limiting the publicity degree of information," MPRA Paper 26647, University Library of Munich, Germany.
    5. Phan, Tuan, 2013. "Should Central Banks publish interest rate forecasts? - A Survey," MPRA Paper 44676, University Library of Munich, Germany, revised 01 Mar 2013.

  59. Dirk Bergemann & Stephen Morris, 2007. "The Role of the Common Prior in Robust Implementation," Levine's Bibliography 122247000000001574, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. Daisuke Oyama & Olivier Tercieux, 2009. "Iterated potential and robustness of equilibria," Post-Print halshs-00754349, HAL.
    3. Bergemann, Dirk & Stephen Morris, 2006. "Robust Implementation in Direct Mechanisms," Cowles Foundation Discussion Papers 1561R2, Cowles Foundation for Research in Economics, Yale University, revised Jan 2009.
    4. Che, Yeon-Koo & Kim, Jinwoo & Kojima, Fuhito, 2015. "Efficient assignment with interdependent values," Journal of Economic Theory, Elsevier, vol. 158(PA), pages 54-86.

  60. Stephen Morris & Hyun Song Shin, 2007. "Common Belief Foundations of Global Games," Levine's Bibliography 122247000000001638, UCLA Department of Economics.

    Cited by:

    1. Mostafa Beshkar & Jee-Hyeong Park, 2017. "Dispute Settlement with Second-Order Uncertainty: The Case of International Trade Disputes," CAEPR Working Papers 2017-010, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    2. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    3. María Victoria Anauati & Brian Feld & Sebastian Galiani & Gustavo Torrens, 2015. "Collective Action: Experimental Evidence," NBER Working Papers 20936, National Bureau of Economic Research, Inc.
    4. Stephen Morris & Ilhyock Shim & Hyun Song Shin, 2017. "Redemption risk and cash hoarding by asset managers," BIS Working Papers 608, Bank for International Settlements.
    5. Chanelle Duley & Prasanna Gai, 2020. "When the penny doesn't drop - Macroeconomic tail risk and currency crises," National Institute of Economic and Social Research (NIESR) Discussion Papers 520, National Institute of Economic and Social Research.
    6. Battigalli Pierpaolo & Di Tillio Alfredo & Grillo Edoardo & Penta Antonio, 2011. "Interactive Epistemology and Solution Concepts for Games with Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-40, March.
    7. Chong Huang, 2011. "Coordination and Social Learning," PIER Working Paper Archive 11-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    8. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    9. Dominik Grafenhofer & Wolfgang Kuhle, 2019. "Observing Actions in Bayesian Games," Papers 1904.10744, arXiv.org.
    10. Sonia Bhalotra & Irma Clots-Figueras & Lakshmi Iyer & Joseph Vecci, 2023. "Leader Identity and Coordination," The Review of Economics and Statistics, MIT Press, vol. 105(1), pages 175-189, January.
    11. Stephen Morris & Ming Yang, 2016. "Coordination and the Relative Cost of Distinguishing Nearby States," Working Papers 079_2016, Princeton University, Department of Economics, Econometric Research Program..
    12. Dominik Grafenhofer & Wolgang Kuhle, 2014. "Observing Each Other's Observations in the Electronic Mail Game," Papers 1501.00882, arXiv.org.
    13. Chen, Yi-Chun, 2012. "A structure theorem for rationalizability in the normal form of dynamic games," Games and Economic Behavior, Elsevier, vol. 75(2), pages 587-597.
    14. Mathevet, Laurent, "undated". "A contraction principle for finite global games," Working Papers 1243, California Institute of Technology, Division of the Humanities and Social Sciences.
    15. Atsushi Kajii & Stephen Morris, 2019. "Notes on "Refinements and Higher Order Beliefs"," Working Papers on Central Bank Communication 006, University of Tokyo, Graduate School of Economics.
    16. Kets, Willemien & Kager, Wouter & Sandroni, Alvaro, 2021. "The Value of a Coordination Game," SocArXiv ymzrd, Center for Open Science.
    17. Amil Dasgupta & Jakub Steiner & Colin Stewart, 2007. "Efficient Dynamic Coordination with Individual Learning," Edinburgh School of Economics Discussion Paper Series 175, Edinburgh School of Economics, University of Edinburgh.
    18. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
    19. World Bank & Nicholas Institute, 2016. "Tuna Fisheries," World Bank Publications - Reports 28412, The World Bank Group.
    20. Edmond, Chris, 2018. "Non-Laplacian beliefs in a global game with noisy signaling," Research in Economics, Elsevier, vol. 72(2), pages 297-312.
    21. Grafenhofer, Dominik & Kuhle, Wolfgang, 2016. "Observing each other’s observations in a Bayesian coordination game," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 10-17.
    22. Kets, Willemien, 2010. "Robustness of Equilibria in Anonymous Local Games," SocArXiv rk6vs, Center for Open Science.
    23. Chanelle Duley & Prasanna Gai, 2023. "Macroeconomic tail risk, currency crises and the inter‐war gold standard," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(4), pages 1551-1582, November.
    24. Eccles, Peter & Wegner, Nora, 2017. "Scalable games: modelling games of incomplete information," Bank of England working papers 641, Bank of England.
    25. Stephen Morris & Hyun Song Shin, 2016. "Illiquidity Component Of Credit Risk – The 2015 Lawrence R. Klein Lecture," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(4), pages 1135-1148, November.
    26. Stephen Morris & Ming Yang, 2016. "Coordination and Continuous Choice," Working Papers 087_2017, Princeton University, Department of Economics, Econometric Research Program..
    27. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    28. Sergei Izmalkov & Muhamet Yildiz, 2010. "Investor Sentiments," American Economic Journal: Microeconomics, American Economic Association, vol. 2(1), pages 21-38, February.
    29. Stephen Morris & Hyun Song Shin, 2016. "Illiquidity Component of Credit Risk," Working Papers 081_2016, Princeton University, Department of Economics, Econometric Research Program..
    30. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    31. Canale, M. & Fagiano, L. & Milanese, M., 2009. "KiteGen: A revolution in wind energy generation," Energy, Elsevier, vol. 34(3), pages 355-361.
    32. Aviad Heifetz, 2019. "Robust multiplicity with (transfinitely) vanishing naiveté," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1277-1296, December.
    33. Mathevet, Laurent, 2012. "Beliefs and rationalizability in games with complementarities," MPRA Paper 36032, University Library of Munich, Germany.
    34. Francesco Bianchi & Sydney C. Ludvigson & Sai Ma, 2022. "Belief Distortions and Macroeconomic Fluctuations," American Economic Review, American Economic Association, vol. 112(7), pages 2269-2315, July.
    35. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.
    36. Dasgupta, Amil & Steiner, Jakub & Stewart, Colin, 2012. "Dynamic coordination with individual learning," Games and Economic Behavior, Elsevier, vol. 74(1), pages 83-101.
    37. Chong Huang, 2011. "Defending Against Speculative Attacks: Reputation, Learning, and Coordination," PIER Working Paper Archive 11-039, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

  61. Dirk Bergemann & Stephen Morris, 2007. "An Ascending Auction for Interdependent Values: Uniqueness and Robustness to Strategic Uncertainty," Levine's Bibliography 321307000000001000, UCLA Department of Economics.

    Cited by:

    1. Loertscher, Simon & Mezzetti, Claudio, 2021. "A dominant strategy, double clock auction with estimation-based tatonnement," Theoretical Economics, Econometric Society, vol. 16(3), July.
    2. Bergemann, Dirk & Stephen Morris, 2006. "Robust Implementation in Direct Mechanisms," Cowles Foundation Discussion Papers 1561R2, Cowles Foundation for Research in Economics, Yale University, revised Jan 2009.
    3. Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
    4. Ning Sun & Zaifu Yang, 2014. "An Efficient and Incentive Compatible Dynamic Auction for Multiple Complements," Journal of Political Economy, University of Chicago Press, vol. 122(2), pages 422-466.
    5. Gerard van der Laan & Zaifu Yang, 2011. "An Ascending Multi-Item Auction with Financially Constrained Bidders," Discussion Papers 11/04, Department of Economics, University of York.
    6. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
    7. Zaifu Yang & Jingsheng Yu, 2018. "Efficient Ascending Menu Auctions with Budget Constrained Bidders," Discussion Papers 18/09, Department of Economics, University of York.
    8. Satoru Fujishige & Zaifu Yang, 2020. "A Universal Dynamic Auction for Unimodular Demand Types: An Efficient Auction Design for Various Kinds of Indivisible Commodities," Discussion Papers 20/08, Department of Economics, University of York.
    9. Emiliano Cantonini & Antonio Penta, 2022. "Backward induction reasoning beyond backward induction," Economics Working Papers 1815, Department of Economics and Business, Universitat Pompeu Fabra.
    10. Catonini, Emiliano & Penta, Antonio, 2022. "Backward Induction Reasoning beyond Backward Induction," TSE Working Papers 22-1298, Toulouse School of Economics (TSE).
    11. Levent Ulku, 2010. "Monotone Implementation," Working Papers 1004, Centro de Investigacion Economica, ITAM.
    12. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
    13. Emiliano Catonini & Antonio Penta, 2022. "Backward Induction Reasoning beyond Backward Induction," Working Papers 1315, Barcelona School of Economics.
    14. Ülkü, Levent, 2014. "Implementation in an interdependent value framework," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 64-70.

  62. Dirk Bergemann & Stephen Morris, 2007. "Strategic Distinguishability and Robust Virtual Implementation," Cowles Foundation Discussion Papers 1609R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2008.

    Cited by:

    1. Bergemann, Dirk & Stephen Morris, 2006. "Robust Implementation in Direct Mechanisms," Cowles Foundation Discussion Papers 1561R2, Cowles Foundation for Research in Economics, Yale University, revised Jan 2009.

  63. Stephen Morris & Dirk Bergemann, 2007. "Strategic Distinguishability With an Application to Robust Virtual Implementation," Levine's Bibliography 843644000000000149, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2012. "The Role of the Common Prior in Robust Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 6, pages 241-251, World Scientific Publishing Co. Pte. Ltd..
    2. Georgy Artemov & Takashi Kunimoto & Roberto Serrano, 2007. "Robust virtual implementation with incomplete information: Towards a reinterpretation of the Wilson doctrine," Working Papers 2007-14, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    3. Gul, Faruk & Pesendorfer, Wolfgang, 2016. "Interdependent preference models as a theory of intentions," Journal of Economic Theory, Elsevier, vol. 165(C), pages 179-208.
    4. Yi-Chun Chen & Xiao Luo, 2012. "An indistinguishability result on rationalizability under general preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(1), pages 1-12, September.
    5. Dirk Bergemann & Stephen Morris, 2007. "Belief Free Incomplete Information Games," Levine's Bibliography 122247000000001569, UCLA Department of Economics.

  64. Stephen Morris, 2006. "Purification," Levine's Bibliography 321307000000000470, UCLA Department of Economics.

    Cited by:

    1. V. Bhaskar & George J. Mailath & Stephen Morris, 2008. "Purification in the Infinitely-Repeated Prisoners' Dilemma," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 515-528, July.
    2. V. Bhaskar & George J. Mailath & Stephen Morris, 2006. "Purification in the Infinitely-Repeated Prisoners’ Dilemma, Second Version," PIER Working Paper Archive 07-024, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 20 Aug 2007.

  65. Stephen Morris & Hyun Song Shin, 2006. "Endogenous Public Signals and Coordination," Levine's Bibliography 122247000000001309, UCLA Department of Economics.

    Cited by:

    1. Waldyr Areosa & Marta Areosa, 2012. "Information (in) Chains: information transmission through production chains," Working Papers Series 286, Central Bank of Brazil, Research Department.
    2. Tijmen Daniëls & Henk Jager & Franc Klaassen, 2009. "Defending Against Speculative Attacks," SFB 649 Discussion Papers SFB649DP2009-011, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    3. Michele Berardi, 2015. "Prices, fundamental values and learning," Centre for Growth and Business Cycle Research Discussion Paper Series 214, Economics, The University of Manchester.
    4. Michele Berardi, 2016. "Herding through learning in an asset pricing model," Centre for Growth and Business Cycle Research Discussion Paper Series 223, Economics, The University of Manchester.
    5. Giuseppe Cappelletti & Lucia Esposito, 2013. "Central bank and government in a speculative attack model," Temi di discussione (Economic working papers) 934, Bank of Italy, Economic Research and International Relations Area.

  66. Dirk Bergemann & Stephen Morris, 2006. "Robust Implementation: The Case of Direct Mechanisms," Levine's Bibliography 122247000000001194, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2007. "Ascending Auction: Uniqueness and Robustness to Strategic Uncertainty," Levine's Bibliography 321307000000000845, UCLA Department of Economics.
    2. Dirk Bergemann & Stephen Morris, 2012. "An Ascending Auction for Interdependent Values: Uniqueness and Robustness to Strategic Uncertainty," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 7, pages 253-262, World Scientific Publishing Co. Pte. Ltd..
    3. Dirk Bergemann & Stephen Morris, 2005. "Ex Post Implementation," Levine's Bibliography 784828000000000018, UCLA Department of Economics.
    4. Dirk Bergemann & Stephen Morris, 2007. "An Ascending Auction for Independent Values: Uniqueness and Robustness to Strategic Uncertainty," Cowles Foundation Discussion Papers 1600, Cowles Foundation for Research in Economics, Yale University, revised Mar 2007.
    5. Dirk Bergemann & Stephen Morris, 2007. "Dynamic Auctions: Uniqueness and Robustness to Private Information," Levine's Bibliography 321307000000000771, UCLA Department of Economics.

  67. Dirk Bergemann & Stephen Morris, 2006. "Ex Post Implementation," Levine's Bibliography 122247000000001110, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2006. "Robust Implementation: The Case of Direct Mechanisms," Levine's Bibliography 122247000000001194, UCLA Department of Economics.
    2. Ludovic Renou & Karl H. Schlag, 2008. "Minimax regret and strategic uncertainty," Discussion Papers in Economics 08/2, Division of Economics, School of Business, University of Leicester, revised Apr 2008.
    3. Philippe Jehiel & Moritz Meyer-Ter-Vehn & Benny Moldovanu & William R. Zame, 2007. "Posterior Implementation versus Ex-Post Implementation," PSE-Ecole d'économie de Paris (Postprint) halshs-00754198, HAL.
    4. Ohashi, Yoshihiro, 2012. "Two-person ex post implementation," Games and Economic Behavior, Elsevier, vol. 75(1), pages 435-440.
    5. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    6. Jehiel, Philippe & moldovanu, benny, 2006. "Allocative and Informational Externalities in Auctions and Related Mechanisms," CEPR Discussion Papers 5558, C.E.P.R. Discussion Papers.
    7. M. Yenmez, 2015. "Incentive compatible market design with applications," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(3), pages 543-569, August.
    8. , & ,, 2012. "Implementation with evidence," Theoretical Economics, Econometric Society, vol. 7(2), May.
    9. Rene Saran & Norovsambuu Tumennasan, 2011. "Whose Opinion Counts? Political Processes and the Implementation Problem," Economics Working Papers 2011-06, Department of Economics and Business Economics, Aarhus University.
    10. Hannu Vartiainen, 2003. "Auction Design without Commitment," Working Papers 2003.24, Fondazione Eni Enrico Mattei.
    11. Anil Arya & Joel Demski & Jonathan Glover & Pierre Liang, 2009. "Quasi-Robust Multiagent Contracts," Management Science, INFORMS, vol. 55(5), pages 752-762, May.
    12. Balkenborg, Dieter & Makris, Miltiadis, 2015. "An undominated mechanism for a class of informed principal problems with common values," Journal of Economic Theory, Elsevier, vol. 157(C), pages 918-958.
    13. Hagiwara Makoto, 2023. "Double Implementation in Dominant Strategy Equilibria and Ex-Post Equilibria with Private Values," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 23(2), pages 663-678, June.
    14. Saran, Rene & Tumennasan, Norovsambuu, 2013. "Whose opinion counts? Implementation by sortition," Games and Economic Behavior, Elsevier, vol. 78(C), pages 72-84.
    15. Altun, Ozan Altuğ & Barlo, Mehmet & Dalkıran, Nuh Aygün, 2023. "Implementation with a sympathizer," Mathematical Social Sciences, Elsevier, vol. 121(C), pages 36-49.
    16. Jianxin Yi, 2021. "Nash implementation via mechanisms that allow for abstentions," Theory and Decision, Springer, vol. 91(2), pages 279-288, September.
    17. Yu Chen & Zhenhua Wu, 2012. "Delegation Principle for Multi-agency Games under Ex Post Equilibrium," CAEPR Working Papers 2012-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    18. Ghossoub, Mario, 2010. "Belief heterogeneity in the Arrow-Borch-Raviv insurance model," MPRA Paper 37630, University Library of Munich, Germany, revised 22 Mar 2012.
    19. Barry O'Neill, 2006. "Nuclear Weapons and National Prestige," Cowles Foundation Discussion Papers 1560, Cowles Foundation for Research in Economics, Yale University.
    20. Bikhchandani, Sushil, 2010. "Information acquisition and full surplus extraction," Journal of Economic Theory, Elsevier, vol. 145(6), pages 2282-2308, November.
    21. Hannu Vartiainen, 2013. "Auction Design Without Commitment," Journal of the European Economic Association, European Economic Association, vol. 11(2), pages 316-342, April.
    22. Fragiadakis, Daniel E. & Troyan, Peter, 2019. "Designing mechanisms to focalize welfare-improving strategies," Games and Economic Behavior, Elsevier, vol. 114(C), pages 232-252.
    23. Hideki Mizukami & Takuma Wakayama, 2015. "Ex post self-implementation," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 357-367, October.
    24. Mitra, Manipushpak & De, Parikshit, 2015. "Incentives and justice for sequencing problems," MPRA Paper 65447, University Library of Munich, Germany.
    25. Abbas Edalat & Samira Hossein Ghorban & Ali Ghoroghi, 2018. "Ex Post Nash Equilibrium in Linear Bayesian Games for Decision Making in Multi-Environments," Games, MDPI, vol. 9(4), pages 1-24, October.
    26. Hans Peters & Marc Schröder & Dries Vermeulen, 2015. "On existence of ex post Nash consistent representation for effectivity functions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(2), pages 287-307, September.
    27. Beard, Rodney & Mallawaarachchi, Thilak, 2011. "Are international environmental agreements stable ex-post?," MPRA Paper 34303, University Library of Munich, Germany.
    28. Ohashi, Yoshihiro, 2014. "A sufficient condition for two-person ex post implementation in a general environment," Mathematical Social Sciences, Elsevier, vol. 69(C), pages 63-68.
    29. Eric Maskin, 2008. "Nash Equilibrium and Mechanism Design," Economics Working Papers 0086, Institute for Advanced Study, School of Social Science.

  68. Stephen Morris & Hyun Song Shin, 2006. "Optimal Communication," Levine's Bibliography 321307000000000236, UCLA Department of Economics.

    Cited by:

    1. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
    2. Trabelsi, Emna & Hichri, Walid, 2021. "Central Bank Transparency with (semi-)public Information: Laboratory Experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
    3. Toni Ahnert & Christoph Bertsch, 2015. "A Wake-Up-Call Theory of Contagion," Staff Working Papers 15-14, Bank of Canada.
    4. Cornand, Camille & Heinemann, Frank, 2005. "Speculative Attacks with Multiple Sources of Public Information," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 157, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    5. Hüning, Hendrik & Meub, Lukas, 2015. "Optimal public information dissemination: Introducing observational learning into a generalized beauty contest," University of Göttingen Working Papers in Economics 260, University of Goettingen, Department of Economics.
    6. James, Jonathan G. & Lawler, Phillip, 2012. "Heterogeneous information quality; strategic complementarities and optimal policy design," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 342-352.
    7. Jasmina Arifovic & Janet Hua Jiang, 2014. "Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs," Staff Working Papers 14-12, Bank of Canada.
    8. Wang, Yun, 2013. "The result of world powers in WTO: A cheap-talk game under different communication protocols," China Economic Review, Elsevier, vol. 27(C), pages 192-207.
    9. Camille Cornand & Frank Heinemann, 2008. "Optimal Degree of Public Information Dissemination," Economic Journal, Royal Economic Society, vol. 118(528), pages 718-742, April.
    10. Hüning, Hendrik & Meub, Lukas, 2015. "Optimal public information dissemination: Introducing observational learning into a generalized beauty contest," HWWI Research Papers 169, Hamburg Institute of International Economics (HWWI).
    11. Stephen Morris & Hyun Song Shin, 2008. "Coordinating Expectations in Monetary Policy," Chapters, in: Jean-Philippe Touffut (ed.), Central Banks as Economic Institutions, chapter 5, Edward Elgar Publishing.
    12. Ui, Takashi & Yoshizawa, Yasunori, 2015. "Characterizing social value of information," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 507-535.
    13. Lena Dräger & Michael Lamla & Damjan Pfajfar, 2015. "Are Survey Expectations Theory-Consistent? The Role of Central Bank Communication and News," Finance and Economics Discussion Series 2015-35, Board of Governors of the Federal Reserve System (U.S.).
    14. Hwang, In Do & Lustenberger, Thomas & Rossi, Enzo, 2021. "Does communication influence executives’ opinion of central bank policy?☆," Journal of International Money and Finance, Elsevier, vol. 115(C).
    15. Carvajal, Andrés & Rostek, Marzena & Sublet, Guillaume, 2018. "Information design and capital formation," Journal of Economic Theory, Elsevier, vol. 176(C), pages 255-292.
    16. George-Marios Angeletos & Alessandro Pavan, 2007. "Socially Optimal Coordination: Characterization and Policy Implications," Journal of the European Economic Association, MIT Press, vol. 5(2-3), pages 585-593, 04-05.
    17. Tri Vi Dang & Gary B. Gorton & Bengt R. Holmstrom, 2019. "The Information View of Financial Crises," NBER Working Papers 26074, National Bureau of Economic Research, Inc.
    18. Hüning, Hendrik & Meub, Lukas, 2016. "Optimal public information dissemination: Introducing multiplier effects into a generalized beauty contest," University of Göttingen Working Papers in Economics 260 [rev.], University of Goettingen, Department of Economics.
    19. David O. Lucca & Francesco Trebbi, 2009. "Measuring Central Bank Communication: An Automated Approach with Application to FOMC Statements," NBER Working Papers 15367, National Bureau of Economic Research, Inc.
    20. George-Marios Angeletos & Luigi Iovino & Jennifer La'O, 2011. "Cycles, Gaps, and the Social Value of Information," NBER Working Papers 17229, National Bureau of Economic Research, Inc.
    21. Qi Chen & Tracy R. Lewis & Katherine Schipper & Yun Zhang, 2017. "Uniform Versus Discretionary Regimes in Reporting Information with Unverifiable Precision and a Coordination Role," Journal of Accounting Research, Wiley Blackwell, vol. 55(1), pages 153-196, March.
    22. Carvalho, Fabia A. & Minella, André, 2012. "Survey forecasts in Brazil: A prismatic assessment of epidemiology, performance, and determinants," Journal of International Money and Finance, Elsevier, vol. 31(6), pages 1371-1391.
    23. Arato, Hiroki & Hori, Takeo & Nakamura, Tomoya, 2021. "Endogenous information acquisition and the partial announcement policy," Information Economics and Policy, Elsevier, vol. 55(C).
    24. Myatt, David P. & Wallace, Chris, 2014. "Central bank communication design in a Lucas-Phelps economy," Journal of Monetary Economics, Elsevier, vol. 63(C), pages 64-79.
    25. Hiroki Arato & Tomoya Nakamura, 2013. "Endogenous Alleviation of Overreaction Problem by Aggregate Information Announcement," The Japanese Economic Review, Japanese Economic Association, vol. 64(3), pages 319-336, September.
    26. König-Kersting, Christian & Trautmann, Stefan T. & Vlahu, Razvan, 2022. "Bank instability: Interbank linkages and the role of disclosure," Journal of Banking & Finance, Elsevier, vol. 134(C).
    27. Jonathan G. James & Phillip Lawler, 2012. "Strategic Complementarity, Stabilization Policy, and the Optimal Degree of Publicity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(4), pages 551-572, June.
    28. Wataru Tamura, 2013. "Optimal Monetary Policy and Transparency under Informational Friction," CARF F-Series CARF-F-329, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    29. Azevedo, Luis Fernando Pereira & Pereira, Pedro L. Valls, 2018. "Effects of official and unofficial central bank communication on the Brazilian interest rate curve," Textos para discussão 470, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    30. Silvia Sonderegger, 2010. "Centralized Or Decentralized Information: Which Is Better For Providing Incentives?," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 290-305, April.
    31. Schultheiss, Tobias & Pfister, Curdin & Gnehm, Ann-Sophie & Backes-Gellner, Uschi, 2023. "Education expansion and high-skill job opportunities for workers: Does a rising tide lift all boats?," Labour Economics, Elsevier, vol. 82(C).
    32. Marino, Anthony M., 2014. "Transparency in agency: The constant elasticity case and extensions," International Journal of Industrial Organization, Elsevier, vol. 33(C), pages 9-21.
    33. Zhao Li & Kebin Ma, 2022. "Contagious Bank Runs and Committed Liquidity Support," Management Science, INFORMS, vol. 68(12), pages 9152-9174, December.
    34. Baeriswyl, Romain, 2007. "Central Bank's Action and Communication," Discussion Papers in Economics 1381, University of Munich, Department of Economics.
    35. Augustin Landier & David Thesmar, 2011. "Regulating Systemic Risk through Transparency: Tradeoffs in Making Data Public," NBER Working Papers 17664, National Bureau of Economic Research, Inc.
    36. Rafkin, Charlie & Shreekumar, Advik & Vautrey, Pierre-Luc, 2021. "When guidance changes: Government stances and public beliefs," Journal of Public Economics, Elsevier, vol. 196(C).
    37. Jalali Naini , Ahmad-Reza & Naderian , Mohammad-Amin, 2014. "Social Value of Information and Optimal Communication Policy of Central Banks," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 9(3), pages 31-57, April.
    38. Shaoping Qiu, 2017. "Atomic Particle and Organization Dynamics," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(1), pages 81-94, January.

  69. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2006. "Interim Correlated Rationalizability," Levine's Bibliography 122247000000001188, UCLA Department of Economics.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    3. Meyer-ter-Vehn, Moritz & Morris, Stephen, 2011. "The robustness of robust implementation," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2093-2104, September.
    4. Tang, Qianfeng, 2015. "Hierarchies of beliefs and the belief-invariant Bayesian solution," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 111-116.
    5. V. Bhaskar & Caroline Thomas, 2019. "The Culture of Overconfidence," American Economic Review: Insights, American Economic Association, vol. 1(1), pages 95-110, June.
    6. Arieli, Itai, 2010. "Rationalizability in continuous games," Journal of Mathematical Economics, Elsevier, vol. 46(5), pages 912-924, September.
    7. Battigalli Pierpaolo & Di Tillio Alfredo & Grillo Edoardo & Penta Antonio, 2011. "Interactive Epistemology and Solution Concepts for Games with Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-40, March.
    8. Stephen Morris & Satoru Takahashi & Olivier Tercieux, 2011. "Robust Rationalizability under Almost Common Certainty of Payoffs," Working Papers 1326, Princeton University, Department of Economics, Econometric Research Program..
    9. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    10. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    11. Pintér, Miklós, 2011. "Invariance under type morphisms: the bayesian Nash equilibrium," MPRA Paper 38499, University Library of Munich, Germany.
    12. Chen, Yi-Chun & Mueller-Frank, Manuel & Pai, Mallesh M., 2022. "Continuous implementation with direct revelation mechanisms," Journal of Economic Theory, Elsevier, vol. 201(C).
    13. Frick, Mira & Romm, Assaf, 2015. "Rational behavior under correlated uncertainty," Journal of Economic Theory, Elsevier, vol. 160(C), pages 56-71.
    14. Andrés Perea & Willemien Kets, 2016. "When Do Types Induce the Same Belief Hierarchy?," Games, MDPI, vol. 7(4), pages 1-17, October.
    15. Kunimoto, Takashi & Serrano, Roberto, 2020. "Rationalizable Incentives: Interim Implementation of Sets in Rationalizable Strategies," Economics and Statistics Working Papers 4-2020, Singapore Management University, School of Economics.
    16. Willemien Kets, 2014. "Finite Depth of Reasoning and Equilibrium Play in Games with Incomplete Information," Discussion Papers 1569, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    17. Dirk Bergemann & Stephen Morris, 2013. "Bayes Correlated Equilibrium and the Comparison of Information Structures in Games," Cowles Foundation Discussion Papers 1909R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2015.
    18. Daisuke Oyama & Olivier Tercieux, 2010. "Robust equilibria under non-common priors," Post-Print halshs-00754466, HAL.
    19. Davide Cianciaruso & Fabrizio Germano, 2011. "Quotient Spaces of Boundedly Rational Types," Discussion Papers 1539, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    20. Yildiz, Muhamet, 2015. "Invariance to representation of information," Games and Economic Behavior, Elsevier, vol. 94(C), pages 142-156.
    21. Chen, Yi-Chun & Xiong, Siyang, 2013. "The e-mail game phenomenon," Games and Economic Behavior, Elsevier, vol. 80(C), pages 147-156.
    22. Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2009. "Uniform Topologies on Types," Cowles Foundation Discussion Papers 1734, Cowles Foundation for Research in Economics, Yale University.
    23. Chen, Yi-Chun, 2012. "A structure theorem for rationalizability in the normal form of dynamic games," Games and Economic Behavior, Elsevier, vol. 75(2), pages 587-597.
    24. Tang, Qianfeng, 2010. "Interim Partially Correlated Rationalizability," MPRA Paper 26810, University Library of Munich, Germany.
    25. Ronald Stauber, 2014. "A framework for robustness to ambiguity of higher-order beliefs," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(3), pages 525-550, August.
    26. Francesco Cerigioni & Fabrizio Germano & Pedro Rey-Biel & Peio Zuazo-Garin, 2019. "Higher orders of rationality and the structure of games," Economics Working Papers 1672, Department of Economics and Business, Universitat Pompeu Fabra.
    27. Tang, Qianfeng, 2015. "Interim partially correlated rationalizability," Games and Economic Behavior, Elsevier, vol. 91(C), pages 36-44.
    28. Lehrer, Ehud & Rosenberg, Dinah & Shmaya, Eran, 2010. "Signaling and mediation in games with common interests," Games and Economic Behavior, Elsevier, vol. 68(2), pages 670-682, March.
    29. Giacomo Bonanno & Elias Tsakas, 2017. "Qualitative analysis of common belief of rationality in strategic-form games," Working Papers 181, University of California, Davis, Department of Economics.
    30. Gul, Faruk & Pesendorfer, Wolfgang, 2016. "Interdependent preference models as a theory of intentions," Journal of Economic Theory, Elsevier, vol. 165(C), pages 179-208.
    31. Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2012. "The Strategic Impact of Higher-Order Beliefs," Cowles Foundation Discussion Papers 1875, Cowles Foundation for Research in Economics, Yale University.
    32. Artemov, Georgy & Kunimoto, Takashi & Serrano, Roberto, 2013. "Robust virtual implementation: Toward a reinterpretation of the Wilson doctrine," Journal of Economic Theory, Elsevier, vol. 148(2), pages 424-447.
    33. Germano, Fabrizio & Zuazo-Garin, Peio, 2015. "Bounded Rationality and Correlated Equilibria," Working Papers 2072/260959, Universitat Rovira i Virgili, Department of Economics.
    34. Dekel, Eddie & Siniscalchi, Marciano, 2015. "Epistemic Game Theory," Handbook of Game Theory with Economic Applications,, Elsevier.
    35. Shimoji, Makoto & Schweinzer, Paul, 2015. "Implementation without incentive compatibility: Two stories with partially informed planners," Games and Economic Behavior, Elsevier, vol. 91(C), pages 258-267.
    36. Germano, Fabrizio & Weinstein, Jonathan & Zuazo-Garin, Peio, 2020. "Uncertain rationality, depth of reasoning and robustness in games with incomplete information," Theoretical Economics, Econometric Society, vol. 15(1), January.
    37. Giacomo Rubbini, 2023. "Mechanism Design without Rational Expectations," Papers 2305.07472, arXiv.org, revised Nov 2023.
    38. Kota Murayama, 2015. "Robust Predictions under Finite Depth of Reasoning," Discussion Paper Series DP2015-28, Research Institute for Economics & Business Administration, Kobe University.
    39. Pooya Molavi & Ceyhun Eksin & Alejandro Ribeiro & Ali Jadbabaie, 2016. "Learning to Coordinate in Social Networks," Operations Research, INFORMS, vol. 64(3), pages 605-621, June.
    40. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2014. "The robust selection of rationalizability," Journal of Economic Theory, Elsevier, vol. 151(C), pages 448-475.
    41. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2022. "Robust refinement of rationalizability with arbitrary payoff uncertainty," Games and Economic Behavior, Elsevier, vol. 136(C), pages 485-504.
    42. Heifetz, Aviad & Kets, Willemien, 2018. "Robust multiplicity with a grain of naiveté," Theoretical Economics, Econometric Society, vol. 13(1), January.
    43. Paul Schweinzer & Makoto Shimoji, "undated". "Captain MacWhirr's Problem Revisited," Discussion Papers 11/12, Department of Economics, University of York.
    44. Olivier GOSSNER & Jean-François MERTENS, 2020. "The Value of Information in Zero-Sum Games," Working Papers 2020-19, Center for Research in Economics and Statistics.
    45. Lehrer, Ehud & Rosenberg, Dinah & Shmaya, Eran, 2013. "Garbling of signals and outcome equivalence," Games and Economic Behavior, Elsevier, vol. 81(C), pages 179-191.
    46. Kunimoto, Takashi & Yamashita, Takuro, 2018. "Order on Types based on Monotone Comparative Statics," TSE Working Papers 18-942, Toulouse School of Economics (TSE).
    47. Perea, Andrés, 2022. "Common belief in rationality in games with unawareness," Mathematical Social Sciences, Elsevier, vol. 119(C), pages 11-30.
    48. Kunimoto, Takashi, 2020. "Robust virtual implementation with almost complete information," Mathematical Social Sciences, Elsevier, vol. 108(C), pages 62-73.
    49. Oury, Marion, 2015. "Continuous implementation with local payoff uncertainty," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 656-677.
    50. Amanda Friedenberg & Martin Meier, 2017. "The context of the game," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 347-386, February.
    51. Willemien Kets, 2012. "Bounded Reasoning and Higher-Order Uncertainty," Discussion Papers 1547, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    52. Aviad Heifetz & Willemien Kets, 2013. "Robust Multiplicity with a Grain of Naiveté," Discussion Papers 1573, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    53. Bonanno, Giacomo & Tsakas, Elias, 2018. "Common belief of weak-dominance rationality in strategic-form games: A qualitative analysis," Games and Economic Behavior, Elsevier, vol. 112(C), pages 231-241.
    54. Bach, Christian W. & Perea, Andrés, 2020. "Generalized Nash equilibrium without common belief in rationality," Economics Letters, Elsevier, vol. 186(C).
    55. Haomiao Yu, 2014. "Rationalizability in large games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(2), pages 457-479, February.
    56. Kunimoto, Takashi & Saran, Rene & Serrano, Roberto, 2020. "Interim Rationalizable Implementation of Functions," Economics and Statistics Working Papers 21-2020, Singapore Management University, School of Economics.
    57. Robles Jack & Shimoji Makoto, 2012. "On Rationalizability and Beliefs in Discrete Private-Value First-Price Auctions," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-21, May.
    58. Amanda Friedenberg & Martin Meier, 2011. "On the relationship between hierarchy and type morphisms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(3), pages 377-399, April.
    59. Kota Murayama, 2020. "Robust predictions under finite depth of reasoning," The Japanese Economic Review, Springer, vol. 71(1), pages 59-84, January.
    60. Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    61. Weinstein, Jonathan & Yildiz, Muhamet, 2011. "Sensitivity of equilibrium behavior to higher-order beliefs in nice games," Games and Economic Behavior, Elsevier, vol. 72(1), pages 288-300, May.
    62. Amanda Friedenberg & Martin Meier, 2011. "On the relationship between hierarchy and type morphisms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(3), pages 377-399, April.
    63. Geoffroy de Clippel & Rene Saran & Roberto Serrano, 2021. "Continuous Level-k Mechanism Design," Working Papers 2021-002, Brown University, Department of Economics.
    64. ,, 2013. "On the structure of rationalizability for arbitrary spaces of uncertainty," Theoretical Economics, Econometric Society, vol. 8(2), May.
    65. de Clippel, Geoffroy & Saran, Rene & Serrano, Roberto, 2023. "Continuous level-k mechanism design," Games and Economic Behavior, Elsevier, vol. 140(C), pages 481-501.
    66. Battigalli, Pierpaolo & Siniscalchi, Marciano, 2007. "Interactive epistemology in games with payoff uncertainty," Research in Economics, Elsevier, vol. 61(4), pages 165-184, December.
    67. Weinstein, Jonathan & Yildiz, Muhamet, 2017. "Interim correlated rationalizability in infinite games," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 82-87.
    68. Du, Songzi, 2012. "Correlated equilibrium and higher order beliefs about play," Games and Economic Behavior, Elsevier, vol. 76(1), pages 74-87.
    69. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    70. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
    71. Sasaki, Yasuo, 2022. "Unawareness of decision criteria in multicriteria games," Mathematical Social Sciences, Elsevier, vol. 119(C), pages 31-40.
    72. Liu, Qingmin, 2015. "Correlation and common priors in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 157(C), pages 49-75.
    73. Adam Brandenburger & Amanda Friedenberg, 2014. "Intrinsic Correlation in Games," World Scientific Book Chapters, in: The Language of Game Theory Putting Epistemics into the Mathematics of Games, chapter 4, pages 59-111, World Scientific Publishing Co. Pte. Ltd..
    74. Liu, Qingmin, 2009. "On redundant types and Bayesian formulation of incomplete information," Journal of Economic Theory, Elsevier, vol. 144(5), pages 2115-2145, September.
    75. Aviad Heifetz, 2019. "Robust multiplicity with (transfinitely) vanishing naiveté," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1277-1296, December.
    76. Mathevet, Laurent, 2012. "Beliefs and rationalizability in games with complementarities," MPRA Paper 36032, University Library of Munich, Germany.
    77. Oury Marion, 2010. "Hölder Continuous Implementation," THEMA Working Papers 2010-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    78. Di Tillio, Alfredo, 2011. "A robustness result for rationalizable implementation," Games and Economic Behavior, Elsevier, vol. 72(1), pages 301-305, May.
    79. Astrid Gamba, 2011. "On the Evolution of Preferences," Jena Economics Research Papers 2011-032, Friedrich-Schiller-University Jena.
    80. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
    81. Tang, Qianfeng, 2010. "The Bayesian Solution and Hierarchies of Beliefs," MPRA Paper 26811, University Library of Munich, Germany.
    82. Jack Robles & Makoto Shimoji, "undated". "On Rationalizable Outcomes in Private-Value First-Price Discrete Auctions," Discussion Papers 09/21, Department of Economics, University of York.
    83. Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
    84. Itai Arieli, 2008. "Rationalizability in Continuous Games," Discussion Paper Series dp495, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    85. Safronov, Mikhail, 2018. "Coalition-proof full efficient implementation," Journal of Economic Theory, Elsevier, vol. 177(C), pages 659-677.

  70. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Topologies on Types," Levine's Bibliography 784828000000000061, UCLA Department of Economics.

    Cited by:

    1. Tang, Qianfeng, 2015. "Hierarchies of beliefs and the belief-invariant Bayesian solution," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 111-116.
    2. Battigalli Pierpaolo & Di Tillio Alfredo & Grillo Edoardo & Penta Antonio, 2011. "Interactive Epistemology and Solution Concepts for Games with Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-40, March.
    3. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    4. Pintér, Miklós, 2011. "Invariance under type morphisms: the bayesian Nash equilibrium," MPRA Paper 38499, University Library of Munich, Germany.
    5. Chen, Yi-Chun & Mueller-Frank, Manuel & Pai, Mallesh M., 2022. "Continuous implementation with direct revelation mechanisms," Journal of Economic Theory, Elsevier, vol. 201(C).
    6. Tomasz Strzalecki, "undated". "Depth of Reasoning and Higher Order Beliefs," Working Paper 8334, Harvard University OpenScholar.
    7. Qin, Cheng-Zhong & Yang, Chun-Lei, 2009. "An Explicit Approach to Modeling Finite-Order Type Spaces and Applications," University of California at Santa Barbara, Economics Working Paper Series qt8hq7j89k, Department of Economics, UC Santa Barbara.
    8. , & , & ,, 2007. "Interim correlated rationalizability," Theoretical Economics, Econometric Society, vol. 2(1), pages 15-40, March.
    9. Tsakas, E., 2012. "Rational belief hierarchies," Research Memorandum 004, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    10. Willemien Kets, 2014. "Finite Depth of Reasoning and Equilibrium Play in Games with Incomplete Information," Discussion Papers 1569, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    11. Kartik, Navin & Tercieux, Olivier & Holden, Richard, 2014. "Simple mechanisms and preferences for honesty," Games and Economic Behavior, Elsevier, vol. 83(C), pages 284-290.
    12. Chen, Yi-Chun & Xiong, Siyang, 2013. "The e-mail game phenomenon," Games and Economic Behavior, Elsevier, vol. 80(C), pages 147-156.
    13. Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2009. "Uniform Topologies on Types," Cowles Foundation Discussion Papers 1734, Cowles Foundation for Research in Economics, Yale University.
    14. Gizatulina, Alia & Hellwig, Martin, 2014. "Beliefs, payoffs, information: On the robustness of the BDP property in models with endogenous beliefs," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 136-153.
    15. Chen, Yi-Chun, 2012. "A structure theorem for rationalizability in the normal form of dynamic games," Games and Economic Behavior, Elsevier, vol. 75(2), pages 587-597.
    16. Tang, Qianfeng, 2010. "Interim Partially Correlated Rationalizability," MPRA Paper 26810, University Library of Munich, Germany.
    17. Ronald Stauber, 2014. "A framework for robustness to ambiguity of higher-order beliefs," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(3), pages 525-550, August.
    18. Tang, Qianfeng, 2015. "Interim partially correlated rationalizability," Games and Economic Behavior, Elsevier, vol. 91(C), pages 36-44.
    19. Gul, Faruk & Pesendorfer, Wolfgang, 2016. "Interdependent preference models as a theory of intentions," Journal of Economic Theory, Elsevier, vol. 165(C), pages 179-208.
    20. Qin, Cheng-Zhong & Yang, Chun-Lei, 2013. "Finite-order type spaces and applications," Journal of Economic Theory, Elsevier, vol. 148(2), pages 689-719.
    21. Dekel, Eddie & Siniscalchi, Marciano, 2015. "Epistemic Game Theory," Handbook of Game Theory with Economic Applications,, Elsevier.
    22. Ronald Stauber, 2013. "A Framework for Robustness to Ambiguity of Higher-Order Beliefs," ANU Working Papers in Economics and Econometrics 2013-602, Australian National University, College of Business and Economics, School of Economics.
    23. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2014. "The robust selection of rationalizability," Journal of Economic Theory, Elsevier, vol. 151(C), pages 448-475.
    24. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2022. "Robust refinement of rationalizability with arbitrary payoff uncertainty," Games and Economic Behavior, Elsevier, vol. 136(C), pages 485-504.
    25. Barelli, Paulo, 2009. "On the genericity of full surplus extraction in mechanism design," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1320-1332, May.
    26. Heifetz, Aviad & Kets, Willemien, 2018. "Robust multiplicity with a grain of naiveté," Theoretical Economics, Econometric Society, vol. 13(1), January.
    27. Mira Frick & Ryota Iijima & Yuhta Ishii, 2021. "Learning Efficiency of Multi-Agent Information Structures," Cowles Foundation Discussion Papers 2299, Cowles Foundation for Research in Economics, Yale University.
    28. Kets, Willemien, 2010. "Robustness of Equilibria in Anonymous Local Games," SocArXiv rk6vs, Center for Open Science.
    29. Aviad Heifetz & Willemien Kets, 2013. "Robust Multiplicity with a Grain of Naiveté," Discussion Papers 1573, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    30. Wolfgang Pesendorfer & Faruk Gul, 2007. "The Canonical Space for Behavioral Types," Levine's Bibliography 843644000000000345, UCLA Department of Economics.
    31. Stauber, Ronald, 2011. "Knightian games and robustness to ambiguity," Journal of Economic Theory, Elsevier, vol. 146(1), pages 248-274, January.
    32. Annie Liang, 2016. "Games of Incomplete Information Played by Statisticians," PIER Working Paper Archive 16-028, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Jan 2016.
    33. Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    34. de Clippel, Geoffroy & Saran, Rene & Serrano, Roberto, 2023. "Continuous level-k mechanism design," Games and Economic Behavior, Elsevier, vol. 140(C), pages 481-501.
    35. Weinstein, Jonathan & Yildiz, Muhamet, 2017. "Interim correlated rationalizability in infinite games," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 82-87.
    36. O’Callaghan, Patrick H., 2017. "Axioms for parametric continuity of utility when the topology is coarse," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 88-94.
    37. Barelli, Paulo, 2009. "Consistency of beliefs and epistemic conditions for Nash and correlated equilibria," Games and Economic Behavior, Elsevier, vol. 67(2), pages 363-375, November.
    38. Liu, Qingmin, 2009. "On redundant types and Bayesian formulation of incomplete information," Journal of Economic Theory, Elsevier, vol. 144(5), pages 2115-2145, September.
    39. Aviad Heifetz, 2019. "Robust multiplicity with (transfinitely) vanishing naiveté," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1277-1296, December.
    40. Mounir, Angie & Perea, Andrés & Tsakas, Elias, 2018. "Common belief in approximate rationality," Mathematical Social Sciences, Elsevier, vol. 91(C), pages 6-16.
    41. Oury Marion, 2010. "Hölder Continuous Implementation," THEMA Working Papers 2010-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    42. Dirk Bergemann & Stephen Morris, 2007. "Belief Free Incomplete Information Games," Levine's Bibliography 122247000000001569, UCLA Department of Economics.
    43. Alia Gizatulina & Martin Hellwig, 2017. "The Generic Possibility of Full Surplus Extraction in Models with Large Type Spaces," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2017_02, Max Planck Institute for Research on Collective Goods, revised 25 May 2017.

  71. Dirk Bergemann & Stephen Morris, 2005. "Robust Implementation: The Role of Large Type Spaces," Levine's Bibliography 784828000000000116, UCLA Department of Economics.

    Cited by:

    1. Yi-Chun Chen & Ngo Van Long & Xiao Luo, 2007. "Iterated Strict Dominance in General Games," CIRANO Working Papers 2007s-03, CIRANO.
    2. Battigalli Pierpaolo & Di Tillio Alfredo & Grillo Edoardo & Penta Antonio, 2011. "Interactive Epistemology and Solution Concepts for Games with Asymmetric Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-40, March.
    3. Pierpaolo Battigalli, 2006. "Rationalization In Signaling Games: Theory And Applications," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 67-93.
    4. , & , & ,, 2007. "Secure implementation," Theoretical Economics, Econometric Society, vol. 2(3), September.
    5. Bergemann, Dirk & Stephen Morris, 2006. "Robust Implementation in Direct Mechanisms," Cowles Foundation Discussion Papers 1561R2, Cowles Foundation for Research in Economics, Yale University, revised Jan 2009.
    6. Georgy Artemov & Takashi Kunimoto & Roberto Serrano, 2007. "Robust virtual implementation with incomplete information: Towards a reinterpretation of the Wilson doctrine," Working Papers 2007-14, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    7. Dirk Bergemann & Stephen Morris, 2012. "Robust Mechanism Design," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 2, pages 49-96, World Scientific Publishing Co. Pte. Ltd..
    8. Dirk Bergemann & Stephen Morris, 2005. "Ex Post Implementation," Levine's Bibliography 784828000000000018, UCLA Department of Economics.
    9. Hideki Mizukami & Takuma Wakayama, 2004. "Dominant Strategy Implementation in Pure Exchange Economies," Discussion Papers in Economics and Business 04-03-Rev, Osaka University, Graduate School of Economics, revised Mar 2005.
    10. Stephen Morris & Dirk Bergemann, 2007. "Strategic Distinguishability With an Application to Robust Virtual Implementation," Levine's Bibliography 843644000000000149, UCLA Department of Economics.
    11. Mizukami, Hideki & Wakayama, Takuma, 2007. "Dominant strategy implementation in economic environments," Games and Economic Behavior, Elsevier, vol. 60(2), pages 307-325, August.
    12. Takashi Kunimoto, 2006. "The Robustness Of Equilibrium Analysis: The Case Of Undominated Nash Equilibrium," Departmental Working Papers 2006-26, McGill University, Department of Economics.
    13. Hitoshi Matsushima, 2007. "Detail-Free Mechanism Design in Twice Iterative Dominance: Large Economies," CIRJE F-Series CIRJE-F-519, CIRJE, Faculty of Economics, University of Tokyo.
    14. Rafael Hortala-Vallve, 2010. "Inefficiencies on linking decisions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(3), pages 471-486, March.
    15. Giuseppe Cappelletti, 2010. "A note on rationalizability and restrictions on belief," Temi di discussione (Economic working papers) 757, Bank of Italy, Economic Research and International Relations Area.
    16. Dirk Bergemann & Stephen Morris, 2007. "Strategic Distinguishability and Robust Virtual Implementation," Cowles Foundation Discussion Papers 1609R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2008.

  72. Bernardo Guimaraes & Stephen Morris, 2005. "Risk and Wealth in a Model of Self-Fulfilling Currency Attacks," Levine's Bibliography 122247000000000790, UCLA Department of Economics.

    Cited by:

    1. Jakub Steiner & Laurent Mathevet, 2012. "Sand in the Wheels: A Dynamic Global-Game Approach," 2012 Meeting Papers 123, Society for Economic Dynamics.
    2. Eduardo A. Cavallo & Jeffrey Frankel, 2007. "Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality," Research Department Publications 4544, Inter-American Development Bank, Research Department.
    3. George-Marios Angeletos & Alessandro Pavan, 2012. "Selection-Free Predictions in Global Games with Endogenous Information and Multiple Equilibria," Discussion Papers 1570, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    4. Abraham Aldama & Mateo Vásquez-Cortés & Lauren Elyssa Young, 2019. "Fear and citizen coordination against dictatorship," Journal of Theoretical Politics, , vol. 31(1), pages 103-125, January.
    5. Araujo, Luis & Guimaraes, Bernardo, 2015. "Intertemporal coordination with delay options," Journal of Economic Theory, Elsevier, vol. 157(C), pages 793-810.
    6. Tamgac, Unay, 2011. "Crisis and self-fulfilling expectations: The Turkish experience in 1994 and 2000-2001," International Review of Economics & Finance, Elsevier, vol. 20(1), pages 44-58, January.
    7. Tijmen Daniëls & Henk Jager & Franc Klaassen, 2009. "Defending Against Speculative Attacks," SFB 649 Discussion Papers SFB649DP2009-011, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    8. Jutta Dönges & Frank Heinemann & Tijmen R. Daniëls, 2013. "Crossing Network versus Dealer Market: Unique Equilibrium in the Allocation of Order Flow," SFB 649 Discussion Papers SFB649DP2013-007, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    9. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    10. Junichi Fujimoto, 2014. "Speculative attacks with multiple targets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 57(1), pages 89-132, September.
    11. Jakub Steiner & Colin Stewart, 2012. "Influential Opinion Leaders," CERGE-EI Working Papers wp458, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    12. Guimaraes, Bernardo & Jardanovski, Gabriel, 2021. "Who matters in dynamic coordination problems?," Textos para discussão 543, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    13. Philip J. Grossman & Youngseok Park & Jean Paul Rabanal & Olga A. Rud, 2019. "Gender differences in an endogenous timing conflict game," Working Papers 141, Peruvian Economic Association.
    14. de Martí, Joan & Milán, Pau, 2019. "Regime change in large information networks," Games and Economic Behavior, Elsevier, vol. 113(C), pages 262-284.
    15. Guimarães, Bernardo de Vasconcellos & Pereira, Ana Elisa Gonçalves, 2015. "Dynamic coordination among heterogeneous agents," Textos para discussão 380, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    16. Bernardo Guimaraes & Stephen Morris, 2003. "Risk and Wealth in a Model of Self-fulfilling Currency Crises," Cowles Foundation Discussion Papers 1433, Cowles Foundation for Research in Economics, Yale University.
    17. Ariah Klages-Mundt & Dominik Harz & Lewis Gudgeon & Jun-You Liu & Andreea Minca, 2020. "Stablecoins 2.0: Economic Foundations and Risk-based Models," Papers 2006.12388, arXiv.org, revised Oct 2020.
    18. López-Suárez, Carlos Felipe & Razo-Garcia, Raul, 2017. "Speculative attacks in a two-peg model," Journal of International Money and Finance, Elsevier, vol. 70(C), pages 234-256.
    19. Tarashev, Nikola & Zabai, Anna, 2019. "When pegging is a commitment device: Revisiting conventional wisdom about currency crises," Journal of International Economics, Elsevier, vol. 118(C), pages 233-247.
    20. Geir H. Bjønnes & Steinar Holden & Dagfinn Rime & Haakon O.Aa. Solheim, 2005. "“Large” vs. “small” players: A closer look at the dynamics of speculative attacks," Working Paper 2005/13, Norges Bank.
    21. Ariah Klages-Mundt & Steffen Schuldenzucker, 2022. "Designing Autonomous Markets for Stablecoin Monetary Policy," Papers 2212.12398, arXiv.org.
    22. Iijima, Ryota, 2015. "Iterated generalized half-dominance and global game selection," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 120-136.
    23. Tijmen Daniëls, 2009. "Unique Equilibrium in a Dynamic Model of Speculative Attacks," De Economist, Springer, vol. 157(4), pages 417-439, December.
    24. Szkup, Michal, 2020. "Multiplier effect and comparative statics in global games of regime change," Theoretical Economics, Econometric Society, vol. 15(2), May.
    25. Basteck, Christian & Daniëls, Tijmen R. & Heinemann, Frank, 2013. "Characterising equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2620-2637.
    26. Dasgupta, Amil, 2007. "Coordination and delay in global games," Journal of Economic Theory, Elsevier, vol. 134(1), pages 195-225, May.
    27. Bernardo Guimaraes & Stephen Morris, 2006. "Risk and Wealth in a Model of Self-Fulfilling Currency Attacks," Levine's Bibliography 122247000000001115, UCLA Department of Economics.
    28. Jozsef Sakovics & Jakub Steiner, 2009. "Who Matters in Coordination Problems?," Edinburgh School of Economics Discussion Paper Series 190, Edinburgh School of Economics, University of Edinburgh.
    29. Mathevet, Laurent & Steiner, Jakub, 2013. "Tractable dynamic global games and applications," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2583-2619.
    30. Nikola Tarashev & Anna Zabai, 2016. "When pegging ties your hands," BIS Working Papers 547, Bank for International Settlements.
    31. Oh, Frederick Dongchuhl, 2013. "Contagion of a liquidity crisis between two firms," Journal of Financial Economics, Elsevier, vol. 107(2), pages 386-400.
    32. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    33. Tood Keister, 2005. "Expectations and Contagion in Self-Fulfilling Currency Attacks," Working Papers 0501, Centro de Investigacion Economica, ITAM.
    34. Christian Hellwig, "undated". "Policy in a Global Coordination Game: Multiplicity vs. Robust Predictions (November 2006, with Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 401, UCLA Department of Economics.
    35. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    36. Campos, Rolf, 2013. "Risk-Sharing and Crises. Global Games of Regime Change with Endogenous Wealth," IESE Research Papers D/1064, IESE Business School.
    37. Joan de Martí & Pau Milán, 2018. "Regime Change in Large Information Networks," Working Papers 1049, Barcelona School of Economics.
    38. Iachan, Felipe S. & Nenov, Plamen T., 2015. "Information quality and crises in regime-change games," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 739-768.
    39. Giancarlo Marini & Giovanni Piersanti, 2012. "Models of Speculative Attacks and Crashes in International Capital Markets," CEIS Research Paper 245, Tor Vergata University, CEIS, revised 24 Jul 2012.
    40. Shadmehr, Mehdi, 2015. "Extremism in revolutionary movements," Games and Economic Behavior, Elsevier, vol. 94(C), pages 97-121.

  73. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Interim Rationalizability," Levine's Bibliography 666156000000000526, UCLA Department of Economics.

    Cited by:

    1. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Topologies on Types," Harvard Institute of Economic Research Working Papers 2093, Harvard - Institute of Economic Research.
    2. Pierpaolo Battigalli, 2006. "Rationalization In Signaling Games: Theory And Applications," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 67-93.
    3. Francoise Forges, 2006. "Correlated equilibrium in games with incomplete information revisited," Post-Print hal-00360743, HAL.
    4. Dirk Bergemann & Stephen Morris, 2005. "Robust Implementation: The Role of Large Type Spaces," Levine's Bibliography 784828000000000116, UCLA Department of Economics.
    5. Wolfgang Pesendorfer & Faruk Gul, 2007. "The Canonical Space for Behavioral Types," Levine's Bibliography 843644000000000345, UCLA Department of Economics.

  74. George J. Mailath & Stephen Morris, 2005. "Coordination Failure in Repeated Games with Almost-Public Monitoring," Levine's Bibliography 122247000000000340, UCLA Department of Economics.

    Cited by:

    1. Sugaya, Takuo & Yamamoto, Yuichi, 2020. "Common learning and cooperation in repeated games," Theoretical Economics, Econometric Society, vol. 15(3), July.
    2. Christopher Phelan & Andrzej Skrzypacz, 2007. "Private Monitoring with Infinite Histories," NajEcon Working Paper Reviews 843644000000000079, www.najecon.org.
    3. Barlo, Mehmet & Carmona, Guilherme & Sabourian, Hamid, 2009. "Repeated games with one-memory," Journal of Economic Theory, Elsevier, vol. 144(1), pages 312-336, January.
    4. Philippe Jehiel & Larry Samuelson, 2023. "The analogical foundations of cooperation," PSE-Ecole d'économie de Paris (Postprint) halshs-04331552, HAL.
    5. Marco Battaglini & Stephen Coate, 2006. "A Dynamic Theory of Public Spending, Taxation and Debt," NajEcon Working Paper Reviews 321307000000000026, www.najecon.org.
    6. Ichiro Obara, 2007. "Folk Theorem with Communication," Levine's Bibliography 784828000000000351, UCLA Department of Economics.
    7. Heller, Yuval, 2015. "Instability of Equilibria with Imperfect Private Monitoring," MPRA Paper 64468, University Library of Munich, Germany.
    8. Olivier Gossner & Johannes Hörner, 2010. "When is the lowest equilibrium payoff in a repeated game equal to the minmax payoff?," Post-Print halshs-00754488, HAL.
    9. Olivier Gossner & Jöhannes Horner, 2006. "When is the individually rational payoff in a repeated game equal to the minmax payoff?," Discussion Papers 1440, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    10. Takuo Sugaya & Satoru Takahashi, 2011. "Coordination Failure in Repeated Games with Private Monitoring," Working Papers 1325, Princeton University, Department of Economics, Econometric Research Program..
    11. George Mailath & Wojciech Olszewski, 2008. "Folk theorems with Bounded Recall under(Almost) Perfect Monitoring," Discussion Papers 1462, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    12. Hino, Yoshifumi, 2018. "A folk theorem in infinitely repeated prisoner's dilemma with small observation cost," MPRA Paper 96010, University Library of Munich, Germany, revised 13 Sep 2019.
    13. Yamamoto, Yuichi, 2012. "Characterizing belief-free review-strategy equilibrium payoffs under conditional independence," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1998-2027.
    14. Rami S. Al-Gharaibeh & Mostafa Z. Ali, 2022. "Knowledge Sharing Framework: a Game-Theoretic Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 332-366, March.
    15. Takuo Sugaya & Yuichi Yamamoto, 2019. "Common Learning and Cooperation in Repeated Games," PIER Working Paper Archive 19-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    16. Rich McLean & Ichiro Obara & Andrew Postlewaite, 2005. "Informational Smallness and Private Monitoring in Repeated Games," Levine's Bibliography 784828000000000261, UCLA Department of Economics.
    17. Barlo, Mehmet & Carmona, Guilherme & Sabourian, Hamid, 2016. "Bounded memory Folk Theorem," Journal of Economic Theory, Elsevier, vol. 163(C), pages 728-774.
    18. Roman, Mihai Daniel, 2008. "Entreprises behavior in cooperative and punishment‘s repeated negotiations," MPRA Paper 37527, University Library of Munich, Germany, revised 05 Jan 2009.
    19. Yamamoto, Yuichi, 2009. "A limit characterization of belief-free equilibrium payoffs in repeated games," Journal of Economic Theory, Elsevier, vol. 144(2), pages 802-824, March.
    20. Richard McLean & Ichiro Obara & Andrew Postlewaite, 2005. "Informational Smallness and Privae Momnitoring in Repeated Games, Second Version," PIER Working Paper Archive 11-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 10 Feb 2011.
    21. Ichiro Obara, 2005. "Informational Smallness and Private Monitoring in Repeated Games (with R. McLean and A. Postlewaite)," UCLA Economics Online Papers 365, UCLA Department of Economics.
    22. McLean, Richard & Obara, Ichiro & Postlewaite, Andrew, 2014. "Robustness of public equilibria in repeated games with private monitoring," Journal of Economic Theory, Elsevier, vol. 153(C), pages 191-212.
    23. Phelan, Christopher & Skrzypacz, Andrzej, 2015. "Recall and private monitoring," Games and Economic Behavior, Elsevier, vol. 90(C), pages 162-170.
    24. Yuichi Yamamoto, 2012. "Individual Learning and Cooperation in Noisy Repeated Games," PIER Working Paper Archive 12-044, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    25. Heller, Yuval, 2017. "Instability of belief-free equilibria," Journal of Economic Theory, Elsevier, vol. 168(C), pages 261-286.
    26. Hino, Yoshifumi, 2018. "A folk theorem in infinitely repeated prisoner's dilemma with small observation cost," MPRA Paper 90381, University Library of Munich, Germany.
    27. Wojciech Olszewski & Johannes Horner, 2008. "How Robust is the Folk Theorem with Imperfect," 2008 Meeting Papers 895, Society for Economic Dynamics.
    28. Chen, Bo, 2010. "A belief-based approach to the repeated prisoners' dilemma with asymmetric private monitoring," Journal of Economic Theory, Elsevier, vol. 145(1), pages 402-420, January.
    29. Ott, Ursula F., 2013. "International Business Research and Game Theory: Looking beyond the Prisoner's Dilemma," International Business Review, Elsevier, vol. 22(2), pages 480-491.
    30. Yuichi Yamamoto, 2013. "Individual Learning and Cooperation in Noisy Repeated Games," PIER Working Paper Archive 13-038, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

  75. V. Bhaskar & George J. Mailath & Stephen Morris, 2004. "Purification in the Infinitely Repeated Prisoners' Dilemma," Levine's Bibliography 122247000000000028, UCLA Department of Economics.

    Cited by:

    1. Kimmo Berg & Gijs Schoenmakers, 2017. "Construction of Subgame-Perfect Mixed-Strategy Equilibria in Repeated Games," Games, MDPI, vol. 8(4), pages 1-14, November.
    2. V.V. Bhaskar, 2007. "Purification in the Infinitely-Repeated Prisoners' Dilemma," 2007 Meeting Papers 136, Society for Economic Dynamics.
    3. Doraszelski, Ulrich & Escobar, Juan, 2008. "A Theory of Regular Markov Perfect Equilibria in Dynamic Stochastic Games: Genericity, Stability, and Purification," CEPR Discussion Papers 6805, C.E.P.R. Discussion Papers.
    4. Philippe Jehiel & Larry Samuelson, 2023. "The analogical foundations of cooperation," PSE-Ecole d'économie de Paris (Postprint) halshs-04331552, HAL.
    5. George J. Mailath & Stephen Morris, 2004. "Coordination Failure in Repeated Games with Almost-Public Monitoring," PIER Working Paper Archive 05-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Mar 2005.
    6. Harrington, Joseph E. & Zhao, Wei, 2012. "Signaling and tacit collusion in an infinitely repeated Prisoners’ Dilemma," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 277-289.
    7. V. Bhaskar & George J. Mailath & Stephen Morris, 2009. "A Foundation for Markov Equilibria in Infinite Horizon Perfect Information Games," PIER Working Paper Archive 09-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    8. Benjamin Sperisen, 2018. "Bad Reputation Under Bounded And Fading Memory," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 138-157, January.
    9. Heller, Yuval, 2015. "Instability of Equilibria with Imperfect Private Monitoring," MPRA Paper 64468, University Library of Munich, Germany.
    10. Takuo Sugaya & Satoru Takahashi, 2011. "Coordination Failure in Repeated Games with Private Monitoring," Working Papers 1325, Princeton University, Department of Economics, Econometric Research Program..
    11. George Mailath & Wojciech Olszewski, 2008. "Folk theorems with Bounded Recall under(Almost) Perfect Monitoring," Discussion Papers 1462, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    12. V Bhaskar & George J. Mailath & Stephen Morris, 2006. "Purification in the Infinitely Repeated Prisoner's Dilemma," Levine's Bibliography 321307000000000170, UCLA Department of Economics.
    13. Christoph Diehl & Christoph Kuzmics, 2021. "The (non-)robustness of influential cheap talk equilibria when the sender’s preferences are state independent," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 911-925, December.
    14. Yamamoto, Yuichi, 2009. "A limit characterization of belief-free equilibrium payoffs in repeated games," Journal of Economic Theory, Elsevier, vol. 144(2), pages 802-824, March.
    15. Heller, Yuval, 2017. "Instability of belief-free equilibria," Journal of Economic Theory, Elsevier, vol. 168(C), pages 261-286.
    16. Chen, Bo, 2010. "A belief-based approach to the repeated prisoners' dilemma with asymmetric private monitoring," Journal of Economic Theory, Elsevier, vol. 145(1), pages 402-420, January.

  76. V. Bhaskar & George J. Mailath & Stephen Morris, 2004. "Purification in the Infinitely-Repeated Prisoners’ Dilemma," PIER Working Paper Archive 04-004, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Cited by:

    1. V.V. Bhaskar, 2007. "Purification in the Infinitely-Repeated Prisoners' Dilemma," 2007 Meeting Papers 136, Society for Economic Dynamics.
    2. V Bhaskar & George J. Mailath & Stephen Morris, 2006. "Purification in the Infinitely Repeated Prisoner's Dilemma," Levine's Bibliography 321307000000000170, UCLA Department of Economics.

  77. Stephen Morris, 2003. "Coordination, Communication and Common Knowledge: A Retrospective on Electronic Mail Game," Cowles Foundation Discussion Papers 1401, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Jean-Pierre Allegret & Camille Cornand, 2006. "The Pros and Cons of Higher Transparency: The Case of Speculative Attacks," Post-Print halshs-00137469, HAL.
    2. Chen, Yi-Chun & Xiong, Siyang, 2013. "The e-mail game phenomenon," Games and Economic Behavior, Elsevier, vol. 80(C), pages 147-156.
    3. K.J.M. De Jaegher, 2015. "Beneficial Long Communication in the Multi-Player Electronic Mail Game," Working Papers 15-09, Utrecht School of Economics.
    4. Qin, Cheng-Zhong & Yang, Chun-Lei, 2013. "Finite-order type spaces and applications," Journal of Economic Theory, Elsevier, vol. 148(2), pages 689-719.
    5. Gabriel Desgranges & Céline Rochon, 2013. "Conformism and public news," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(3), pages 1061-1090, April.
    6. Koji Takamiya & Akira Tanaka, 2006. "Mutual Knowledge of Rationality in the Electronic Mail Game," ISER Discussion Paper 0650, Institute of Social and Economic Research, Osaka University.

  78. Franklin Allen & Stephen Morris & Hyun Song Shin, 2003. "Beauty Contests, Bubbles and Iterated Expectations in Asset Markets," NajEcon Working Paper Reviews 391749000000000553, www.najecon.org.

    Cited by:

    1. Hyun Song Shin & Jeffery D. Amato, 2003. "Public and Private Information in Monetary Policy Models," Computing in Economics and Finance 2003 38, Society for Computational Economics.
    2. Walker, Todd B., 2007. "How equilibrium prices reveal information in a time series model with disparately informed, competitive traders," Journal of Economic Theory, Elsevier, vol. 137(1), pages 512-537, November.
    3. Philippe Bacchetta & Eric van Wincoop, 2003. "Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle?," Working Papers 03.02, Swiss National Bank, Study Center Gerzensee.
    4. Guido Lorenzoni, 2006. "A Theory of Demand Shocks," NBER Working Papers 12477, National Bureau of Economic Research, Inc.
    5. Philippe Bacchetta & Eric Van Wincoop, 2008. "Higher Order Expectations in Asset Pricing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 837-866, August.
    6. Jose M. Marin & Jacques P. Olivier, 2008. "The Dog That Did Not Bark: Insider Trading and Crashes," Journal of Finance, American Finance Association, vol. 63(5), pages 2429-2476, October.
    7. Kurz, Mordecai & Jin, Hehui & Motolese, Maurizio, 2005. "The role of expectations in economic fluctuations and the efficacy of monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 29(11), pages 2017-2065, November.
    8. Lubos Pastor & Pietro Veronesi, 2004. "Was There a Nasdaq Bubble in the Late 1990s?," NBER Working Papers 10581, National Bureau of Economic Research, Inc.
    9. Hirota, Shinichi & Sunder, Shyam, 2007. "Price bubbles sans dividend anchors: Evidence from laboratory stock markets," Journal of Economic Dynamics and Control, Elsevier, vol. 31(6), pages 1875-1909, June.
    10. Gilchrist, Simon & Himmelberg, Charles P. & Huberman, Gur, 2005. "Do stock price bubbles influence corporate investment?," Journal of Monetary Economics, Elsevier, vol. 52(4), pages 805-827, May.
    11. Chia-Lin Chang & Jukka Ilomäki & Hannu Laurila, 2021. "Leaning against the Bubble: Central Bank Intervention in Walrasian Asset Markets," Risks, MDPI, vol. 9(12), pages 1-12, December.
    12. Oludamola Durodola & Deepika Chotee, 2019. "Cannabis Stock Behavior and Investor’s Expectations on the TSX: A Mixed Method Approach," Proceedings of the 14th International RAIS Conference, August 19-20, 2019 018OD, Research Association for Interdisciplinary Studies.
    13. Raghuram G. Rajan, 2005. "Has financial development made the world riskier?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 313-369.
    14. Johannes Leitner & Robert Schmidt, 2007. "Expectation formation in an experimental foreign exchange market," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 15(2), pages 167-184, June.
    15. Keiichiro Kobayashi, 2004. "Transaction services and asset-price bubbles," Discussion papers 04026, Research Institute of Economy, Trade and Industry (RIETI).
    16. Péter Kondor, 2005. "Rational Trader Risk," FMG Discussion Papers dp533, Financial Markets Group.
    17. Péter Kondor, 2005. "The more we know, the less we agree: public announcements and higher-order expectations," FMG Discussion Papers dp532, Financial Markets Group.
    18. Alexander Gümbel, 2005. "Should short-term speculators be taxed, or subsidised?," Annals of Finance, Springer, vol. 1(3), pages 327-348, August.
    19. Juan Dubra & Helios Herrera, 2002. "Market Participation, Information and Volatility," Working Papers 0206, Centro de Investigacion Economica, ITAM.
    20. Rani Hoitash & Murugappa (Murgie) Krishnan, 2008. "Herding, momentum and investor over-reaction," Review of Quantitative Finance and Accounting, Springer, vol. 30(1), pages 25-47, January.
    21. Amil Dasgupta & Andrea Prat, 2005. "Reputation and Asset Prices: A Theory of Information Cascades and Systematic Mispricing," Levine's Bibliography 784828000000000368, UCLA Department of Economics.
    22. Mordecai Kurz, 2005. "Measuring the Ex-Ante Social Cost of Aggregate Volatility," Discussion Papers 04-006, Stanford Institute for Economic Policy Research.
    23. Spyros Pagratis, 2005. "Asset pricing, asymmetric information and rating announcements: does benchmarking on ratings matter?," Bank of England working papers 265, Bank of England.
    24. John R. Conlon, 2008. "Should Central Banks Burst Bubbles? Some Microeconomic Issues," Levine's Working Paper Archive 122247000000002330, David K. Levine.
    25. Hehui JIN, 2007. "Nominal Interest Rate Rules under Heterogeneous Beliefs," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 115(3), pages 403-442.
    26. Mordecai Kurz & Hehui Jin & Maurizio Motolese, 2005. "Determinants of stock market volatility and risk premia," Annals of Finance, Springer, vol. 1(2), pages 109-147, July.
    27. Stephan Schulmeister, 2007. "The Interaction Between the Aggregate Behaviour of Technical Trading Systems and Stock Price Dynamics," WIFO Working Papers 290, WIFO.
    28. Katrin Tinn, 2005. "Optimal research in financial markets with heterogeneous private information; a rational expectations model," Money Macro and Finance (MMF) Research Group Conference 2005 6, Money Macro and Finance Research Group.
    29. Follmer, Hans & Horst, Ulrich & Kirman, Alan, 2005. "Equilibria in financial markets with heterogeneous agents: a probabilistic perspective," Journal of Mathematical Economics, Elsevier, vol. 41(1-2), pages 123-155, February.
    30. Razin, Assaf & Hale, Galina & Tong, Hui, 2006. "Institutional Weakness and Stock Price Volatility," CEPR Discussion Papers 5651, C.E.P.R. Discussion Papers.
    31. Pierre Monnin, "undated". "Are stock markets really like beauty contests? Empirical evidence of higher order belief's impact on asset prices," IEW - Working Papers 202, Institute for Empirical Research in Economics - University of Zurich.
    32. Kirman, Alan & Teyssiere, Gilles, 2005. "Testing for bubbles and change-points," Journal of Economic Dynamics and Control, Elsevier, vol. 29(4), pages 765-799, April.
    33. Alan Kirman, 2006. "Heterogeneity in Economics," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 1(1), pages 89-117, May.
    34. Bernardo, Antonio E. & Welch, Ivo, 2002. "Financial Market Runs," University of California at Los Angeles, Anderson Graduate School of Management qt0zd313hf, Anderson Graduate School of Management, UCLA.
    35. Joseph G. Pearlman & Thomas J. Sargent, 2005. "Knowing the Forecasts of Others," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(2), pages 480-497, April.
    36. Keiichiro Kobayashi, 2006. "Transaction services and asset-price bubbles (Revised)," Discussion papers 06010, Research Institute of Economy, Trade and Industry (RIETI).
    37. Christian Hellwig, 2005. "Knowing What Others Know: Coordination Motives in Information Acquisition (March 2007, with Laura Veldkamp)," UCLA Economics Online Papers 369, UCLA Department of Economics.
    38. Barton, Jan & Waymire, Gregory, 2004. "Investor protection under unregulated financial reporting," Journal of Accounting and Economics, Elsevier, vol. 38(1), pages 65-116, December.
    39. Jürgen Huber & Matthias Sutter & Michael Kirchler, 2004. "Is more information always better? Experimental financial markets with asymmetric information," Papers on Strategic Interaction 2005-13, Max Planck Institute of Economics, Strategic Interaction Group.

  79. Stephen Morris & Hyun Song Shin, 2003. "Liquidity Black Holes," Cowles Foundation Discussion Papers 1434, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Ilhyock Shim & Goetz von Peter, 2007. "Distress selling and asset market feedback," BIS Working Papers 229, Bank for International Settlements.
    2. Frankel, David M., 2012. "Recurrent crises in global games," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 309-321.
    3. Mark D. Flood & John C. Liechty & Thomas Piontek, 2015. "Systemwide Commonalities in Market Liquidity," Working Papers 15-11, Office of Financial Research, US Department of the Treasury.
    4. Foley, Sean & Kwan, Amy & Philip, Richard & Ødegaard, Bernt Arne, 2022. "Contagious margin calls: How COVID-19 threatened global stock market liquidity," Journal of Financial Markets, Elsevier, vol. 59(PA).
    5. Tobias Adrian & Hyun Song Shin, 2008. "Financial intermediaries, financial stability and monetary policy," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 287-334.
    6. Francisco Peñaranda & Jón Daníelsson, 2007. "On the impact of fundamentals, liquidity and coordination on market stability," Economics Working Papers 1003, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2010.
    7. Doojin Ryu & Jinyoung Yu, 2022. "Sentiment‐dependent impact of funding liquidity shocks on futures market liquidity," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 42(1), pages 61-76, January.
    8. Chen, Qi & Goldstein, Itay & Jiang, Wei, 2010. "Payoff complementarities and financial fragility: Evidence from mutual fund outflows," Journal of Financial Economics, Elsevier, vol. 97(2), pages 239-262, August.
    9. Cella, Cristina & Ellul, Andrew & Giannetti, Mariassunta, 2013. "Investors' horizons and the amplification of market shocks," LSE Research Online Documents on Economics 119037, London School of Economics and Political Science, LSE Library.
    10. Christiansen, Charlotte & Ranaldo, Angelo, 2009. "Extreme coexceedances in new EU member states' stock markets," Journal of Banking & Finance, Elsevier, vol. 33(6), pages 1048-1057, June.
    11. Ana Fostel & John Geanakoplos, 2008. "Emerging Markets in an Anxious Global Economy," Levine's Working Paper Archive 122247000000002074, David K. Levine.
    12. Tambakis, D.N., 2008. "Feedback Trading and Intermittent Market Turbulence," Cambridge Working Papers in Economics 0847, Faculty of Economics, University of Cambridge.
    13. Hirota, Shinichi & Huber, Juergen & Stöckl, Thomas & Sunder, Shyam, 2022. "Speculation, money supply and price indeterminacy in financial markets: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 1275-1296.
    14. Tijmen Daniëls & Henk Jager & Franc Klaassen, 2009. "Defending Against Speculative Attacks," SFB 649 Discussion Papers SFB649DP2009-011, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    15. Rainer Masera, 2014. "CRR/CRD IV: the trees and the forest," PSL Quarterly Review, Economia civile, vol. 67(271), pages 381-422.
    16. Krüger, Ulrich & Roling, Christoph & Silbermann, Leonid & Wong, Lui Hsian, 2022. "Banks' strategic interaction, adverse price dynamics and systemic liquidity risk," Discussion Papers 06/2022, Deutsche Bundesbank.
    17. Dong, Xinyue & Ma, Rong & Li, Honggang, 2019. "Stock index pegging and extreme markets," International Review of Financial Analysis, Elsevier, vol. 64(C), pages 13-21.
    18. Jakree Koosakul & Ilhyock Shim, 2017. "The beneficial aspect of FX volatility for market liquidity," BIS Working Papers 629, Bank for International Settlements.
    19. Anil K. Kashyap & Raghuram G. Rajan & Jeremy C. Stein, 2008. "Rethinking capital regulation," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 431-471.
    20. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    21. Carol Osler, 2012. "Market Microstructure and the Profitability of Currency Trading," Working Papers 48, Brandeis University, Department of Economics and International Business School.
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    1. Du, Songzi, 2008. "A Note on Intrinsic Correlation," MPRA Paper 12698, University Library of Munich, Germany, revised 12 Jan 2009.
    2. Ori Haimanko & Atsushi Kajii, 2012. "On Continuity of Robust Equilibria," KIER Working Papers 818, Kyoto University, Institute of Economic Research.
    3. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    4. Christian Ewerhart, 2020. "Ordinal potentials in smooth games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 1069-1100, November.
    5. Christian Basteck & Tijmen R. Daniëls, 2010. "Every Symmetric 3 x 3 Global Game of Strategic Complementarities Is Noise Independent," SFB 649 Discussion Papers SFB649DP2010-061, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    6. Anne-Christine Barthel & Eric Hoffmann & Tarun Sabarwal, 2020. "Characterizing Robust Solutions to Monotone Games," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202012, University of Kansas, Department of Economics.
    7. Daisuke Oyama & Satoru Takahashi & Josef Hofbauer, 2003. "Monotone Methods for Equilibrium Selection under Perfect Foresight Dynamics," Levine's Bibliography 666156000000000420, UCLA Department of Economics.
    8. Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.
    9. Zenou, Yves & Leister, Matthew & Zhou, Junjie, 2017. "Coordination on Networks," CEPR Discussion Papers 12392, C.E.P.R. Discussion Papers.
    10. Daisuke Oyama & Olivier Tercieux, 2009. "Iterated potential and robustness of equilibria," Post-Print halshs-00754349, HAL.
    11. Alós-Ferrer, Carlos & Netzer, Nick, 2010. "The logit-response dynamics," Games and Economic Behavior, Elsevier, vol. 68(2), pages 413-427, March.
    12. Frankel, David M. & Morris, Stephen & Pauzner, Ady, 2003. "Equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 1-44, January.
    13. Daisuke Oyama & Satoru Takahashi, 2011. "On the Relationship between Robustness to Incomplete Information and Noise-Independent Selection in Global Games," Working Papers 1324, Princeton University, Department of Economics, Econometric Research Program..
    14. Daisuke Oyama & Olivier Tercieux, 2010. "Robust equilibria under non-common priors," Post-Print halshs-00754466, HAL.
    15. Daijiro Okada & Olivier Tercieux, 2012. "Log-linear dynamics and local potential," Post-Print halshs-00754591, HAL.
    16. Jeremy T. Fox & Natalia Lazzati, 2012. "Identification of Potential Games and Demand Models for Bundles," NBER Working Papers 18155, National Bureau of Economic Research, Inc.
    17. Takuya Iimura & Toshimasa Maruta & Takahiro Watanabe, 2020. "Two-person pairwise solvable games," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(2), pages 385-409, June.
    18. Satoru Takahashi, 2020. "Non-equivalence between all and canonical elaborations," The Japanese Economic Review, Springer, vol. 71(1), pages 43-57, January.
    19. Hiroshi Uno, 2007. "Nested Potential Games," Economics Bulletin, AccessEcon, vol. 3(19), pages 1-8.
    20. Bernardo Guimaraes & Stephen Morris, 2003. "Risk and Wealth in a Model of Self-fulfilling Currency Crises," Cowles Foundation Discussion Papers 1433, Cowles Foundation for Research in Economics, Yale University.
    21. Atsushi Kajii & Stephen Morris, 2019. "Notes on "Refinements and Higher Order Beliefs"," Working Papers on Central Bank Communication 006, University of Tokyo, Graduate School of Economics.
    22. Sung-Ha Hwang & Jonathan Newton, 2017. "Payoff-dependent dynamics and coordination games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(3), pages 589-604, October.
    23. Harry Pei & Bruno Strulovici, 2021. "Robust Implementation with Costly Information," Papers 2112.06032, arXiv.org.
    24. Nora, Vladyslav & Uno, Hiroshi, 2014. "Saddle functions and robust sets of equilibria," Journal of Economic Theory, Elsevier, vol. 150(C), pages 866-877.
    25. Kojima, Fuhito & Takahashi, Satoru, 2008. "p-Dominance and perfect foresight dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 689-701, September.
    26. Miura, Shintaro & Yamashita, Takuro, 2018. "Divergent Interpretation and Divergent Prediction in Communication," TSE Working Papers 18-939, Toulouse School of Economics (TSE).
    27. Anne-Christine Barthel & Eric Hoffmann & Tarun Sabarwal, 2021. "A Unified Approach to p-Dominance and its Generalizations in Games with Strategic Complements and Substitutes," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202109, University of Kansas, Department of Economics.
    28. Daisuke Oyama & Satoru Takahashi, 2009. "Monotone and local potential maximizers in symmetric 3x3 supermodular games," Economics Bulletin, AccessEcon, vol. 29(3), pages 2123-2135.
    29. Stephen Morris & Daisuke Oyama & Satoru Takahashi, 2023. "Strict robustness to incomplete information," The Japanese Economic Review, Springer, vol. 74(3), pages 357-376, July.
    30. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
    31. Kota Murayama, 2015. "Robust Predictions under Finite Depth of Reasoning," Discussion Paper Series DP2015-28, Research Institute for Economics & Business Administration, Kobe University.
    32. Jonathan Weinstein & Muhamet Yildiz, 2004. "Finite-Order Implications of Any Equilibrium," Levine's Working Paper Archive 122247000000000065, David K. Levine.
    33. Lester T. Chan, 2021. "Divide and conquer in two‐sided markets: A potential‐game approach," RAND Journal of Economics, RAND Corporation, vol. 52(4), pages 839-858, December.
    34. Tercieux, Olivier, 2006. "p-Best response set and the robustness of equilibria to incomplete information," Games and Economic Behavior, Elsevier, vol. 56(2), pages 371-384, August.
    35. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2022. "Robust refinement of rationalizability with arbitrary payoff uncertainty," Games and Economic Behavior, Elsevier, vol. 136(C), pages 485-504.
    36. Uno, Hiroshi, 2011. "Strategic complementarities and nested potential games," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 728-732.
    37. Itai Arieli & Ronen Gradwohl & Rann Smorodinsky, 2023. "Informationally Robust Cheap-Talk," Papers 2302.00281, arXiv.org.
    38. J. Durieu & P. Solal & O. Tercieux, 2011. "Adaptive learning and p-best response sets," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(4), pages 735-747, November.
    39. Kota Murayama, 2020. "Robust predictions under finite depth of reasoning," The Japanese Economic Review, Springer, vol. 71(1), pages 59-84, January.
    40. Morris, Stephen & Ui, Takashi, 2004. "Best response equivalence," Games and Economic Behavior, Elsevier, vol. 49(2), pages 260-287, November.
    41. Oury, Marion, 2013. "Noise-independent selection in multidimensional global games," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2638-2665.
    42. Staudigl, Mathias, 2011. "Potential games in volatile environments," Games and Economic Behavior, Elsevier, vol. 72(1), pages 271-287, May.
    43. Olivier Tercieux, 2006. "p-Best response set," Post-Print halshs-00754120, HAL.
    44. Jun Honda, 2018. "Games with the total bandwagon property meet the Quint–Shubik conjecture," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 893-912, September.
    45. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    46. Jackson, Matthew O. & Rodriguez-Barraquer, Tomas & Tan, Xu, 2012. "Epsilon-equilibria of perturbed games," Games and Economic Behavior, Elsevier, vol. 75(1), pages 198-216.
    47. Candogan, Ozan & Ozdaglar, Asuman & Parrilo, Pablo A., 2013. "Dynamics in near-potential games," Games and Economic Behavior, Elsevier, vol. 82(C), pages 66-90.
    48. Ori Haimanko & Atsushi Kajii, 2012. "Approximate Robustness Of Equilibrium To Incomplete Information," Working Papers 1209, Ben-Gurion University of the Negev, Department of Economics.
    49. UNO, Hiroshi, 2011. "Nested potentials and robust equilibria," LIDAM Discussion Papers CORE 2011009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    50. Daisuke Oyama & Satoru Takahashi & Josef Hofbauer, 2011. "Perfect foresight dynamics in binary supermodular games," International Journal of Economic Theory, The International Society for Economic Theory, vol. 7(3), pages 251-267, September.
    51. Honda, Jun, 2011. "Noise-independent selection in global games and monotone potential maximizer: A symmetric 3×3 example," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 663-669.
    52. Jeremy Fox & Natalia Lazzati, 2013. "Identification of discrete choice models for bundles and binary games," CeMMAP working papers 04/13, Institute for Fiscal Studies.
    53. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.
    54. Oyama, Daisuke & Takahashi, Satoru, 2015. "Contagion and uninvadability in local interaction games: The bilingual game and general supermodular games," Journal of Economic Theory, Elsevier, vol. 157(C), pages 100-127.
    55. Pram, Kym, 2019. "On the equivalence of robustness to canonical and general elaborations," Journal of Economic Theory, Elsevier, vol. 180(C), pages 1-10.
    56. Takaaki Abe & Satoshi Nakada, 2018. "Generalized Potentials, Value, and Core," Discussion Paper Series DP2018-19, Research Institute for Economics & Business Administration, Kobe University.

  81. Stephen Morris & Hyun Song Shin, 2003. "Heterogeneity and Uniqueness in Interaction Games," Cowles Foundation Discussion Papers 1402, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Salvador Ortigueira, 2013. "The Rise and Fall of Centralized Wage Bargaining," Scandinavian Journal of Economics, Wiley Blackwell, vol. 115(3), pages 825-855, July.
    2. Paul A. Grout & Sebastien Mitraille & Silvia Sonderegger, 2008. "The Costs and Benefits of "Strangers": Why Mixed Communities Are Better," The Centre for Market and Public Organisation 08/191, The Centre for Market and Public Organisation, University of Bristol, UK.
    3. Xue, J., 2006. "Collective Behavior with Endogenous Thresholds," Cambridge Working Papers in Economics 0613, Faculty of Economics, University of Cambridge.
    4. In-Ho Lee & Robin Mason, 2002. "Coordination in the static and the dynamic," Levine's Working Paper Archive 391749000000000503, David K. Levine.
    5. Carlo Altomonte & Gloria Gennaro & Francesco Passarelli, 2019. "Collective Emotions And Protest Vote," BAFFI CAREFIN Working Papers 19107, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    6. Ulrich Horst & Jos´e A. Scheinkman, 2006. "A Limit Theorem for Systems of Social Interactions," Levine's Bibliography 321307000000000177, UCLA Department of Economics.
    7. Campos, Rolf, 2013. "Risk-Sharing and Crises. Global Games of Regime Change with Endogenous Wealth," IESE Research Papers D/1064, IESE Business School.
    8. Stephen Morris & Hyun Song Shin, 2006. "Endogenous Public Signals and Coordination," Levine's Bibliography 122247000000001309, UCLA Department of Economics.

  82. Stephen Morris & Hyun Song Shin, 2003. "Catalytic Finance: When Does It Work?," Cowles Foundation Discussion Papers 1400, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Manuela Goretti, 2005. "The Brazilian Currency Turmoil of 2002: A Nonlinear Analysis," International Finance 0506001, University Library of Munich, Germany.
    2. Eichengreen, Barry & Kletzer, Kenneth & Mody, Ashoka, 2005. "The IMF in a World of Private Capital Markets," Santa Cruz Department of Economics, Working Paper Series qt84s7r0jf, Department of Economics, UC Santa Cruz.
    3. Yasemin Bal Gunduz & Masyita Crystallin, 2014. "Do IMF-Supported Programs Catalyze Donor Assistance to Low-Income Countries?," IMF Working Papers 2014/202, International Monetary Fund.
    4. Andrew Feltenstein & Roger Lagunoff, 2003. "International versus Domestic Auditing of Bank Solvency," Macroeconomics 0308002, University Library of Munich, Germany.
    5. Francesca Viani, 2005. "International Monetary Fund Resources and Contagion Mechanisms: A Hypothesis," Rivista di Politica Economica, SIPI Spa, vol. 95(6), pages 69-103, November-.
    6. Mr. Ralph De Haas & Ms. Yevgeniya Korniyenko & Mr. Alexander Pivovarsky & Ms. Elena Loukoianova, 2012. "Foreign Banks and the Vienna Initiative: Turning Sinners Into Saints?," IMF Working Papers 2012/117, International Monetary Fund.
    7. Guimaraes, Bernardo & Iazdi, Oz, 2013. "IMF conditionalities, liquidity provision, and incentives for fiscal adjustment," MPRA Paper 48896, University Library of Munich, Germany.
    8. Aitor Erce & Daniel Riera-Crichton, 2015. "Catalytic IMF? A gross flows approach," Working Papers 9, European Stability Mechanism.
    9. Luca Papi & Andrea Filippo Presbitero & Alberto Zazzaro, 2013. "IMF Lending and Banking Crises," Mo.Fi.R. Working Papers 80, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    10. International Monetary Fund, 2008. "Chile: Selected Issues Paper," IMF Staff Country Reports 2008/239, International Monetary Fund.
    11. Luis Opazo, 2007. "Welfare Implications of a Second Lender in the International Markets," Working Papers Central Bank of Chile 422, Central Bank of Chile.
    12. Tatsuyoshi Miyakoshi, 2014. "Is the pragmatic response to International Monetary Fund quotas and credit limits favourable?," Applied Economics, Taylor & Francis Journals, vol. 46(33), pages 4075-4082, November.
    13. Ahnert, Toni & Anand, Kartik & Koenig, Philipp, 2023. "Real Interest Rates, Bank Borrowing, and Fragility," CEPR Discussion Papers 17793, C.E.P.R. Discussion Papers.
    14. Carlos Eduardo Gonçalves & Bernardo Guimarães, 2012. "Sovereign default risk and commitment for fiscal adjustment," Working Papers, Department of Economics 2012_23, University of São Paulo (FEA-USP).
    15. Corsetti, G. & Erce, A. & Uy, T., 2017. "Official Sector Lending Strategies During the Euro Area Crisis," Cambridge Working Papers in Economics 1730, Faculty of Economics, University of Cambridge.
    16. Andrew Powell y Leandro Arozamena, 2003. "Liquidity Protection versus Moral Hazard: The Role of the IMF," Business School Working Papers ocho, Universidad Torcuato Di Tella.
    17. Silvia Marchesi & Emanuela Sirtori, 2011. "Is two better than one? The effects of IMF and World Bank interaction on growth," The Review of International Organizations, Springer, vol. 6(3), pages 287-306, September.
    18. Kasahara, Tetsuya, 2009. "Coordination failure among multiple lenders and the role and effects of public policy," Journal of Financial Stability, Elsevier, vol. 5(2), pages 183-198, June.
    19. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    20. Trebesch, Christoph & Reinhart, Carmen & Horn, Sebastian, 2020. "Coping with Disasters: Two Centuries of International Official Lending," CEPR Discussion Papers 14902, C.E.P.R. Discussion Papers.
    21. Saravia, Diego, 2010. "On the role and effects of IMF seniority," Journal of International Money and Finance, Elsevier, vol. 29(6), pages 1024-1044, October.
    22. Daniel McDowell, 2017. "Need for speed: The lending responsiveness of the IMF," The Review of International Organizations, Springer, vol. 12(1), pages 39-73, March.
    23. Weithoner, Thomas, 2006. "How can IMF policy eliminate country moral hazard and account for externalities?," Journal of International Money and Finance, Elsevier, vol. 25(8), pages 1257-1276, December.
    24. Wei Cui, 2017. "Macroeconomic Effects of Delayed Capital Liquidation," Discussion Papers 1719, Centre for Macroeconomics (CFM).
    25. Giancarlo Corsetti & Luca Dedola, 2012. "The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises," Discussion Papers 1424, Centre for Macroeconomics (CFM), revised Aug 2014.
    26. Molly Bauer & Cesi Cruz & Benjamin Graham, 2012. "Democracies only: When do IMF agreements serve as a seal of approval?," The Review of International Organizations, Springer, vol. 7(1), pages 33-58, March.
    27. Graham Bird & Dane Rowlands, 2007. "The IMF and the mobilisation of foreign aid," Journal of Development Studies, Taylor & Francis Journals, vol. 43(5), pages 856-870.
    28. Goderis, Benedikt & Ioannidou, Vasso P., 2008. "Do high interest rates defend currencies during speculative attacks New evidence," Journal of International Economics, Elsevier, vol. 74(1), pages 158-169, January.
    29. Li, Larry & Sy, Malick & McMurray, Adela, 2015. "Insights into the IMF bailout debate: A review and research agenda," Journal of Policy Modeling, Elsevier, vol. 37(6), pages 891-914.
    30. Cécile Bastidon & Philippe Gilles & Nicolas Huchet, 2008. "The international lender of last resort and selective bail-out," Post-Print hal-01298849, HAL.
    31. Steinar Holden & Gisle James Natvik & Adrien Vigier, 2012. "An equilibrium model of credit rating agencies," Working Paper 2012/23, Norges Bank.
    32. Adrian Penalver, 2004. "How can the IMF catalyse private capital flows? A model," Bank of England working papers 215, Bank of England.
    33. Broccolini,Chiara & Lotti,Giulia & Maffioli,Alessandro & Presbitero,Andrea F. & Stucchi,Rodolfo Mario, 2020. "Mobilization Effects of Multilateral Development Banks," Policy Research Working Paper Series 9163, The World Bank.
    34. Hassan Naqvi, 2004. "Banking Crises and the Lender of Last Resort: How crucial is the role of information?," Finance 0410009, University Library of Munich, Germany.
    35. Mr. Jun I Kim, 2006. "IMF-Supported Programs and Crisis Prevention: An Analytical Framework," IMF Working Papers 2006/156, International Monetary Fund.
    36. Steinkamp, Sven & Westermann, Frank, 2021. "Development aid and illicit capital flight: Evidence from Nepal," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242345, Verein für Socialpolitik / German Economic Association.
    37. Kai Gehring & Valentin F. Lang, 2018. "Stigma or Cushion? IMF Programs and Sovereign Creditworthiness," CESifo Working Paper Series 7339, CESifo.
    38. Nada Azmy Elberry & Frank Naert & Stijn Goeminne, 2023. "Optimal public debt composition during debt crises: A review of theoretical literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 351-376, April.
    39. Tito Cordella & Eduardo Levy Yeyati, 2004. "Country Insurance," Business School Working Papers countryinsurance, Universidad Torcuato Di Tella.
    40. Aitor Erce-Domínguez, 2006. "Using standstills to manage sovereign debt crises," Working Papers 0636, Banco de España.
    41. Corsetti, Giancarlo & Müller, Gernot, 2012. "Multilateral economic cooperation and the international transmission of fiscal policy," CEPR Discussion Papers 8748, C.E.P.R. Discussion Papers.
    42. Canuto, Otaviano & Pinto, Brian & Prasad, Mona, 2012. "Orderly sovereign debt restructuring : missing in action !," Policy Research Working Paper Series 6054, The World Bank.
    43. Eduardo Fernandez-Arias & Andrew Powell & Alessandro Rebucci, 2009. "The Multilateral Response to the Global Crisis: Rationale, Modalities, and Feasibility," Research Department Publications 4629, Inter-American Development Bank, Research Department.
    44. Mr. Damiano Sandri, 2015. "Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-ins or Official Transfers?," IMF Working Papers 2015/223, International Monetary Fund.
    45. Harris Dellas & Dirk Niepelt, 2016. "Sovereign Debt with Heterogeneous Creditors," NBER Chapters, in: NBER International Seminar on Macroeconomics 2015, National Bureau of Economic Research, Inc.
    46. Aitor Erce, 2012. "Does the IMF´s official support affect sovereign bond maturities?," Working Papers 1231, Banco de España.
    47. J. Brandes & Tobias Schüle, 2008. "IMF’s assistance: Devil’s kiss or guardian angel?," Journal of Economics, Springer, vol. 94(1), pages 63-86, June.
    48. Kirsch, Florian & Rühmkorf, Ronald, 2013. "Sovereign Borrowing, Financial Assistance and Debt Repudiation," Bonn Econ Discussion Papers 01/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    49. Ms. Emine Boz, 2009. "Sovereign Default, Private Sector Creditors and the IFIs," IMF Working Papers 2009/046, International Monetary Fund.
    50. Corsetti, Giancarlo & Guimaraes, Bernardo & Roubini, Nouriel, 2006. "International lending of last resort and moral hazard: A model of IMF's catalytic finance," Journal of Monetary Economics, Elsevier, vol. 53(3), pages 441-471, April.
    51. de Haas, Ralph & Korniyenko, Y. & Pivovarsky, A. & Tsankova, Teodora, 2015. "Taming the herd? : Foreign banks, the Vienna Initiative and crisis transmission," Other publications TiSEM 20625c97-14e9-4116-96d3-d, Tilburg University, School of Economics and Management.
    52. Zwart, Sanne, 2007. "The mixed blessing of IMF intervention: Signalling versus liquidity support," Journal of Financial Stability, Elsevier, vol. 3(2), pages 149-174, July.
    53. Eduardo Levy Yeyati, 2004. "Recurrent Debt Problems and International Safety Nets," Business School Working Papers safetynets, Universidad Torcuato Di Tella.
    54. Damiano Sandri, 2018. "Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-Ins, or Bail-Outs?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(4), pages 665-693, December.
    55. Edgardo Barandiarán, 2003. "El Prestamista de Última Instancia en la Nueva Industria Bancaria," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(120), pages 337-358.
    56. Federico Weinschelbaum & Jose Wynne, 2004. "Renegotiation, Collective Action Clauses and Sovereign Debt Markets," Working Papers 75, Universidad de San Andres, Departamento de Economia, revised Aug 2004.
    57. Gehring, Kai & Lang, Valentin, 2020. "Stigma or cushion? IMF programs and sovereign creditworthiness," Journal of Development Economics, Elsevier, vol. 146(C).
    58. Cassola, Nuno & Jorge, José, 2016. "The ECB's OMTs: A tale of governments, investors, and the central bank," Journal of International Money and Finance, Elsevier, vol. 65(C), pages 94-116.
    59. Jorra, Markus, 2012. "The effect of IMF lending on the probability of sovereign debt crises," Journal of International Money and Finance, Elsevier, vol. 31(4), pages 709-725.
    60. Wälti, Sébastien & Weder, Ghislaine, 2009. "Recovering from bond market distress: Good luck and good policy," Emerging Markets Review, Elsevier, vol. 10(1), pages 36-50, March.
    61. Beteto, Danilo Lopomo, 2012. "Government Safety Net, Stock Market Participation and Asset Prices," Risk and Sustainable Management Group Working Papers 156475, University of Queensland, School of Economics.
    62. Lucian A. Bebchuk & Itay Goldstein, 2010. "Self-Fulfilling Credit Market Freezes," NBER Working Papers 16031, National Bureau of Economic Research, Inc.
    63. Chungshik Moon & Byungwon Woo, 2022. "Curse of friendship: IMF programme, friendship with the United States and foreign direct investment," The World Economy, Wiley Blackwell, vol. 45(7), pages 2188-2221, July.
    64. Michal Szkup, 2022. "Preventing Self-Fulfilling Debt Crises: A Global Games Approach," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 22-55, January.
    65. Graham Bird, 2007. "The Imf: A Bird'S Eye View Of Its Role And Operations," Journal of Economic Surveys, Wiley Blackwell, vol. 21(4), pages 683-745, September.
    66. Ostry, Jonathan D. & Jeanne, Olivier & Zettelmeyer, Jeromin, 2008. "A Theory of International Crisis Lending and IMF Conditionality," CEPR Discussion Papers 7022, C.E.P.R. Discussion Papers.
    67. Axel Dreher & Silvia Marchesi & James Raymond Vreeland, 2007. "The Politics of IMF Forecasts," CESifo Working Paper Series 2129, CESifo.
    68. Scheubel, Beatrice & Herrala, Risto & Stracca, Livio, 2016. "What do we know about the global financial safety net? Data, rationale and possible evolution," VfS Annual Conference 2016 (Augsburg): Demographic Change 145676, Verein für Socialpolitik / German Economic Association.
    69. Aitor Erce, 2012. "Does the IMF's official support affect sovereign bonds maturities?," Globalization Institute Working Papers 128, Federal Reserve Bank of Dallas.
    70. Stracca, Livio & Scheubel, Beatrice, 2016. "What do we know about the global financial safety net? Rationale, data and possible evolution," Occasional Paper Series 177, European Central Bank.
    71. Eduardo Levy Yeyati, 2006. "Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries," Business School Working Papers 2006-12, Universidad Torcuato Di Tella.
    72. Giancarlo Corsetti & Aitor Erce & Timothy Uy, 2020. "Official sector lending during the euro area crisis," The Review of International Organizations, Springer, vol. 15(3), pages 667-705, July.
    73. Yasemin Bal Gündüz & Masyita Crystallin, 2018. "Do IMF programs catalyze donor assistance to low-income countries?," The Review of International Organizations, Springer, vol. 13(3), pages 359-393, September.
    74. Sylvia Marchesi, 2010. "From Economic Crisis to Reform. IMF Programs in Latin America and Eastern Europe," The Economic Record, The Economic Society of Australia, vol. 86(273), pages 304-307, June.
    75. Szkup, Michal, 2017. "Preventing Self-fulfilling debt crises," MPRA Paper 82754, University Library of Munich, Germany.
    76. Duffy, John & Ochs, Jack, 2012. "Equilibrium selection in static and dynamic entry games," Games and Economic Behavior, Elsevier, vol. 76(1), pages 97-116.
    77. Carlos De Resende, 2007. "IMF-Supported Adjustment Programs: Welfare Implications and the Catalytic Effect," Staff Working Papers 07-22, Bank of Canada.
    78. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    79. Silvia Marchesi & Pietro Bomprezzi, 2021. "A firm level approach on the effects of IMF programs," Working Papers 476, University of Milano-Bicocca, Department of Economics, revised Aug 2021.
    80. Hippolyte Balima & Amadou Sy, 2021. "IMF-Supported Programs and Sovereign Debt Crises," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(2), pages 427-465, June.
    81. Kim, Young-Han, 2011. "International policy coordination mechanism with respect to the moral hazards of financial intermediaries," Economic Modelling, Elsevier, vol. 28(4), pages 1914-1922, July.
    82. Kopf, Christian, 2011. "Restoring financial stability in the euro area," CEPS Papers 4292, Centre for European Policy Studies.
    83. Ms. Uma Ramakrishnan & Mr. Juan Zalduendo, 2006. "The Role of IMF Support in Crisis Prevention," IMF Working Papers 2006/075, International Monetary Fund.
    84. Graham Bird & Dane Rowlands, 2007. "The IMF's Role in Mobilizing Private Capital Flows: Are There Grounds for Catalytic Conversion?," School of Economics Discussion Papers 0207, School of Economics, University of Surrey.
    85. Dan Costin NIŢESCU & Valentin MURGU, 2022. "Development banks – promoters of economic development?," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(633), W), pages 5-20, Winter.
    86. Aitor Erce, 2013. "Sovereign debt crises: could an international court minimize them?," Globalization Institute Working Papers 142, Federal Reserve Bank of Dallas.
    87. Christian Grisse & Gisle J. Natvik, 2022. "Sovereign debt crises and cross-country assistance [A pyrrhic victory? Bank bailouts and sovereign credit risk]," Oxford Economic Papers, Oxford University Press, vol. 74(1), pages 178-193.
    88. José Jorge, 2016. "Sovereign Ratings and Investor Behavior," CEF.UP Working Papers 1601, Universidade do Porto, Faculdade de Economia do Porto.
    89. Koen J. M. van der Veer & Eelke de Jong, 2013. "IMF-Supported Programmes: Stimulating Capital to Non-defaulting Countries," The World Economy, Wiley Blackwell, vol. 36(4), pages 375-395, April.
    90. Willi Semmler & Alexander Haider, 2018. "Cooperative Monetary and Fiscal Policies in the Euro Area," Southern Economic Journal, John Wiley & Sons, vol. 85(1), pages 217-234, July.
    91. Moreno, Diego & Takalo, Tuomas, 2012. "Optimal bank transparency," Bank of Finland Research Discussion Papers 9/2012, Bank of Finland.
    92. Hippolyte W. Balima & Mr. Amadou N Sy, 2019. "The Impact of Bailouts on the Probability of Sovereign Debt Crises: Evidence from IMF-Supported Programs," IMF Working Papers 2019/002, International Monetary Fund.
    93. Gete, Pedro & Melkadze, Givi, 2020. "A quantitative model of international lending of last resort," Journal of International Economics, Elsevier, vol. 123(C).
    94. Cary A. Deck & Javier Reyes, 2008. "An Experimental Investigation of Moral Hazard in Costly Investments," Southern Economic Journal, John Wiley & Sons, vol. 74(3), pages 725-746, January.
    95. John Duffy, 2009. "Equilibrium Selection in Static and Dynamic Entry Games," Working Paper 376, Department of Economics, University of Pittsburgh, revised Dec 2011.
    96. Diego Saravia, 2013. "Vulnerability, Crises and Debt Maturity: Do IMF Interventions Increase Reliance on Short-Term Debt?," International Finance, Wiley Blackwell, vol. 16(3), pages 311-331, December.
    97. Mr. Jun I Kim, 2008. "Sudden Stops and Optimal Self-Insurance," IMF Working Papers 2008/144, International Monetary Fund.
    98. Andrew Ojede & Ruby Kishan, 2017. "External Macroeconomic Imbalances And Foreign Direct Investment Inflows To Developing Countries," Contemporary Economic Policy, Western Economic Association International, vol. 35(3), pages 484-504, July.
    99. José Jorge & Joana Rocha, 2015. "A Primer On Global Games Applied To Macroeconomics And Finance," Journal of Economic Surveys, Wiley Blackwell, vol. 29(5), pages 869-886, December.
    100. Gabriel Desgranges & Ms. Celine Rochon, 2014. "Optimal Maturity Structure of Sovereign Debt in Situation of Near Default," IMF Working Papers 2014/168, International Monetary Fund.
    101. Giovanni Callegari & Ramon Marimon & Adrien Wicht & Luca Zavalloni, 2023. "On a Lender of Last Resort with a Central Bank and a Stability Fund," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 50, pages 106-130, October.
    102. Bougheas, Spiros & Dasgupta, Indraneel & Morrissey, Oliver, 2009. "Repayment versus Investment Conditions and Exclusivity in Lending Contracts," IZA Discussion Papers 4604, Institute of Labor Economics (IZA).
    103. Gatti, Matteo & Gorea, Denis & Presbitero, Andrea, 2023. "The effect of EIB operations on private sector lending outside the European Union," EIB Working Papers 2023/03, European Investment Bank (EIB).
    104. Große Steffen, Christoph, 2015. "Uncertainty shocks and non-fundamental debt crises: An ambiguity approach," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112936, Verein für Socialpolitik / German Economic Association.
    105. Graham Bird & Dane Rowlands, 2007. "The Analysis of Catalysis: IMF Programs and Private Capital Flows," School of Economics Discussion Papers 0107, School of Economics, University of Surrey.

  83. Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Levine's Bibliography 666156000000000035, UCLA Department of Economics.

    Cited by:

    1. Bajoori, Elnaz & Vermeulen, Dries, 2019. "Equilibrium selection in interdependent value auctions," Mathematical Social Sciences, Elsevier, vol. 98(C), pages 47-56.
    2. Felipe Balmaceda, 2020. "Contracting with moral hazard, adverse selection and risk neutrality: when does one size fit all?," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(2), pages 601-637, June.
    3. Songzi Du & Haoxiang Zhu, 2014. "Welfare and Optimal Trading Frequency in Dynamic Double Auctions," NBER Working Papers 20588, National Bureau of Economic Research, Inc.
    4. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    5. Erlanson, Albin & Szwagrzak, Karol, 2013. "Strategy-Proof Package Assignment," Working Papers 2013:43, Lund University, Department of Economics.
    6. Meyer-ter-Vehn, Moritz & Morris, Stephen, 2011. "The robustness of robust implementation," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2093-2104, September.
    7. Hitoshi Matsushima, 2004. "On Detail-Free Mechanism Design and Rationality," CIRJE F-Series CIRJE-F-287, CIRJE, Faculty of Economics, University of Tokyo.
    8. Benjamin Edelman & Michael Ostrovsky & Michael Schwarz, 2005. "Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords," NBER Working Papers 11765, National Bureau of Economic Research, Inc.
    9. Philippe Jehiel & Moritz Meyer-Ter-Vehn & Benny Moldovanu & William R. Zame, 2007. "Posterior Implementation versus Ex-Post Implementation," PSE-Ecole d'économie de Paris (Postprint) halshs-00754198, HAL.
    10. Jean-Michel Benkert, 2015. "Bilateral trade with loss-averse agents," ECON - Working Papers 188, Department of Economics - University of Zurich, revised Jul 2022.
    11. Bó, Inácio Guerberoff Lanari & Hakimov, Rustamdjan, 2016. "The iterative deferred acceptance mechanism," Discussion Papers, Research Unit: Market Behavior SP II 2016-212, WZB Berlin Social Science Center.
    12. Jianjun Miao & Alejandro Rivera, 2016. "Robust Contracts in Continuous Time," Econometrica, Econometric Society, vol. 84(4), pages 1405-1440, July.
    13. Brunner, Christoph & Hu, Audrey & Oechssler, Jörg, 2014. "Premium auctions and risk preferences: An experimental study," Games and Economic Behavior, Elsevier, vol. 87(C), pages 467-484.
    14. Müller, Christoph, 2020. "Robust implementation in weakly perfect Bayesian strategies," Journal of Economic Theory, Elsevier, vol. 189(C).
    15. Yamashita, Takuro & Zhu, Shuguang, 2018. "On the Foundations of Ex Post Incentive Compatible Mechanisms," TSE Working Papers 18-938, Toulouse School of Economics (TSE), revised Jan 2021.
    16. Loertscher, Simon & Mezzetti, Claudio, 2021. "A dominant strategy, double clock auction with estimation-based tatonnement," Theoretical Economics, Econometric Society, vol. 16(3), July.
    17. Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
    18. Ichiro Obara, 2007. "The Full Surplus Extraction Theorem with Hidden Actions," Levine's Bibliography 843644000000000137, UCLA Department of Economics.
    19. Alexey Kushnir, 2013. "On the equivalence between Bayesian and dominant strategy implementation: the case of correlated types," ECON - Working Papers 129, Department of Economics - University of Zurich.
    20. Philippe Jehiel & Moritz Meyer-Ter-Vehnc & Benny Moldovanu, 2012. "Locally robust implementation and its limits," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00813046, HAL.
    21. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
    22. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Topologies on Types," Harvard Institute of Economic Research Working Papers 2093, Harvard - Institute of Economic Research.
    23. Chen, Yi-Chun & Mueller-Frank, Manuel & Pai, Mallesh M., 2022. "Continuous implementation with direct revelation mechanisms," Journal of Economic Theory, Elsevier, vol. 201(C).
    24. Pierpaolo Battigalli, 2006. "Rationalization In Signaling Games: Theory And Applications," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 67-93.
    25. Tomasz Strzalecki, "undated". "Depth of Reasoning and Higher Order Beliefs," Working Paper 8334, Harvard University OpenScholar.
    26. Wang, Dazhong & Xu, Xinyi, 2022. "Optimal equity auction with interdependent valuations," Journal of Mathematical Economics, Elsevier, vol. 100(C).
    27. Simon Loertscher & Andras Niedermayer, 2012. "Assessing the Performance of Simple Contracts Empirically:The Case of Percentage Fees," Department of Economics - Working Papers Series 1163, The University of Melbourne.
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    194. Geoffroy de Clippel & Rene Saran & Roberto Serrano, 2021. "Continuous Level-k Mechanism Design," Working Papers 2021-002, Brown University, Department of Economics.
    195. Hitoshi Matsushima, 2020. "Implementation, Honesty, and Common Knowledge," CARF F-Series CARF-F-500, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    196. Fragiadakis, Daniel E. & Troyan, Peter, 2019. "Designing mechanisms to focalize welfare-improving strategies," Games and Economic Behavior, Elsevier, vol. 114(C), pages 232-252.
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    222. Satoshi Nakada & Shmuel Nitzan & Takashi Ui, 2022. "Robust Voting under Uncertainty," Working Papers on Central Bank Communication 038, University of Tokyo, Graduate School of Economics.
    223. Philippe Jehiel & Moritz Meyer-ter-Vehn & Benny Moldovanu & William R. Zame, 2005. "The Limits of Ex-Post Implementation," Levine's Bibliography 666156000000000548, UCLA Department of Economics.
    224. Daske, Thomas, 2021. "The Incentive Costs of Welfare Judgments," EconStor Preprints 230318, ZBW - Leibniz Information Centre for Economics.
    225. Jeffrey C. Ely & Kim-Sau Chung, 2002. "Ex-Post Incentive Compatible Mechanism Design," Discussion Papers 1339, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    226. Lavi, Ron & Oren, Sigal, 2012. "Side-communication yields efficiency of ascending auctions: The two-items case," Games and Economic Behavior, Elsevier, vol. 76(2), pages 439-456.
    227. Alexey Kushnir & Shuo Liu, 2019. "On the equivalence of Bayesian and dominant strategy implementation for environments with nonlinear utilities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(3), pages 617-644, April.
    228. Dirk Bergemann & Stephen Morris, 2007. "Belief Free Incomplete Information Games," Levine's Bibliography 122247000000001569, UCLA Department of Economics.
    229. Di Tillio, Alfredo, 2011. "A robustness result for rationalizable implementation," Games and Economic Behavior, Elsevier, vol. 72(1), pages 301-305, May.
    230. Hitoshi Matsushima & Shunya Noda, 2020. "Unique Information Elicitation," CARF F-Series CARF-F-496, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    231. Troyan, Peter & Morrill, Thayer, 2020. "Obvious manipulations," Journal of Economic Theory, Elsevier, vol. 185(C).
    232. Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
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    234. Beard, Rodney & Mallawaarachchi, Thilak, 2011. "Are international environmental agreements stable ex-post?," MPRA Paper 34303, University Library of Munich, Germany.
    235. Jonathan Libgober & Xiaosheng Mu, 2022. "Coasian Dynamics under Informational Robustness," Papers 2202.04616, arXiv.org, revised Jan 2023.
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    256. Yamashita, Takuro, 2015. "Strategic and structural uncertainty in robust implementation," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 267-279.
    257. Holger Spamann, 2016. "Can Simple Mechanism Design Results be Used to Implement the Proportionality Standard in Discovery?," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(1), pages 227-231, March.
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  84. Hanming Fang & Stephen Morris, 2003. "Multidimensional Private Value Auctions," Cowles Foundation Discussion Papers 1423, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Ricardo Gonçalves, 2008. "A communication equilibrium in English auctions with discrete bidding," Working Papers de Economia (Economics Working Papers) 042008, Católica Porto Business School, Universidade Católica Portuguesa.
    2. DavidJ. Cooper & Hanming Fang, 2008. "Understanding Overbidding In Second Price Auctions: An Experimental Study," Economic Journal, Royal Economic Society, vol. 118(532), pages 1572-1595, October.
    3. Gretschko, Vitali & Mass, Helene, 2018. "Endogenous worst-case beliefs in first-price auctions," ZEW Discussion Papers 18-056, ZEW - Leibniz Centre for European Economic Research.
    4. Ichiro Obara, 2007. "The Full Surplus Extraction Theorem with Hidden Actions," Levine's Bibliography 843644000000000137, UCLA Department of Economics.
    5. Tristan Gagnon-Bartsch & Marco Pagnozzi & Antonio Rosato, 2021. "Projection of Private Values in Auctions," American Economic Review, American Economic Association, vol. 111(10), pages 3256-3298, October.
    6. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2015. "First Price Auctions with General Information Structures: Implications for Bidding and Revenue," Cowles Foundation Discussion Papers 2018R2, Cowles Foundation for Research in Economics, Yale University, revised May 2016.
    7. Levin, Dan & Peck, James & Ye, Lixin, 2007. "Bad news can be good news: Early dropouts in an English auction with multi-dimensional signals," Economics Letters, Elsevier, vol. 95(3), pages 462-467, June.
    8. Helmuts Āzacis & Péter Vida, 2015. "Collusive communication schemes in a first-price auction," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(1), pages 125-160, January.
    9. John Asker & Estelle Cantillon, 2008. "Properties of scoring auctions," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 69-85, March.
    10. Chernomaz, Kirill, 2012. "On the effects of joint bidding in independent private value auctions: An experimental study," Games and Economic Behavior, Elsevier, vol. 76(2), pages 690-710.
    11. Sven Fischer & Werner Güth & Todd R. Kaplan & Ro'i Zultan, 2017. "Auctions and Leaks: A Theoretical and Experimental Investigation Auctions and Leaks: A Theoretical and Experimental Investigation," Jena Economics Research Papers 2017-012, Friedrich-Schiller-University Jena.
    12. Philippe Bich & Rida Laraki, 2014. "On the Existence of Approximate Equilibria and Sharing Rule Solutions in Discontinuous Games," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01071678, HAL.
    13. Morath, Florian & Münster, Johannes, 2008. "Private versus complete information in auctions," Economics Letters, Elsevier, vol. 101(3), pages 214-216, December.
    14. James Andreoni & Yeon-Koo Che & Jinwoo Kim, 2006. "Asymmetric Information about Rivals’ Types in Standard Auctions: An Experiment," Levine's Bibliography 321307000000000293, UCLA Department of Economics.
    15. Zhuoqiong Chen, 2021. "All-pay auctions with private signals about opponents’ values," Review of Economic Design, Springer;Society for Economic Design, vol. 25(1), pages 33-64, June.
    16. Philippe Bich & Rida Laraki, 2012. "A Unified Approach to Equilibrium Existence in Discontinuous Strategic Games," Documents de travail du Centre d'Economie de la Sorbonne 12040, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    17. Tian, Guoqiang & Xiao, Mingjun, 2007. "Endogenous Information Acquisition on Opponents' Valuations in Multidimensional First Price Auctions," MPRA Paper 41214, University Library of Munich, Germany, revised Jan 2010.
    18. Kim, Jinwoo, 2008. "The value of an informed bidder in common value auctions," Journal of Economic Theory, Elsevier, vol. 143(1), pages 585-595, November.
    19. Ricardo Gonçalves & John D Hey, 2007. "Experimental Evidence on English Auctions: Oral Outcry vs. Clock," Discussion Papers 07/09, Department of Economics, University of York.
    20. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2021. "Search, Information, and Prices," Journal of Political Economy, University of Chicago Press, vol. 129(8), pages 2275-2319.
    21. Tan, Xu, 2016. "Information revelation in auctions with common and private values," Games and Economic Behavior, Elsevier, vol. 97(C), pages 147-165.
    22. Dirk Bergemann & Benjamin A. Brooks & Stephen Morris, 2014. "Extremal Information Structures in the First Price Auction," Levine's Working Paper Archive 786969000000000898, David K. Levine.
    23. John Asker & Estelle Cantillon, 2004. "Equilibrium in Scoring Auctions," Working Papers 2004.148, Fondazione Eni Enrico Mattei.
    24. Philippe Bich & Rida Laraki, 2012. "A Unified Approach to Equilibrium Existence in Discontinuous Strategic Games," Post-Print halshs-00717135, HAL.
    25. Philippe Bich & Rida Laraki, 2012. "A Unified Approach to Equilibrium Existence in Discontinuous Strategic Games," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00717135, HAL.
    26. Philippe Bich & Rida Laraki, 2014. "On the Existence of Approximate Equilibria and Sharing Rule Solutions in Discontinuous Games," Working Papers hal-01071678, HAL.
    27. Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
    28. Bergemann, Dirk & Brooks, Benjamin A & Morris, Stephen, 2018. "Revenue Guarantee Equivalence," CEPR Discussion Papers 12964, C.E.P.R. Discussion Papers.
    29. A. Alexander Elbittar, 2005. "Impact of Valuation Ranking Information on Bidding in First-Price," Microeconomics 0508008, University Library of Munich, Germany.
    30. Hanming Fang, 2004. "Multidimensional Private Value Auctions," Theory workshop papers 121473000000000021, UCLA Department of Economics.
    31. Luciano De Castro, 2012. "Correlation of Types in Bayesian Games," Discussion Papers 1556, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    32. Xin Feng & Jingfeng Lu & Yeneng Sun, 2020. "Ex Ante Efficient Mechanism With Private Entry Costs," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1531-1541, July.
    33. Aloisio Araujo & Luciano I. de Castro Filho, 2004. "Pure Strategy Equilibria of Multidimensional and Non-Monotonic Auctions," Econometric Society 2004 Latin American Meetings 300, Econometric Society.
    34. Mohammad Akbarpour & Shengwu Li, 2020. "Credible Auctions: A Trilemma," Econometrica, Econometric Society, vol. 88(2), pages 425-467, March.
    35. Chen, Zhuoqiong, 2021. "Optimal information exchange in contests," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    36. Sushil Bikhchandani & Ichiro Obara, 2017. "Mechanism design with information acquisition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 783-812, March.
    37. Muñoz-García, Félix & Orozco-Alemán, Sandra, 2011. "Risk aversion in auctions with asymmetrically informed bidders: A "desensitizer" from uncertainty," Economics Letters, Elsevier, vol. 112(1), pages 38-41, July.
    38. Li, Shengyu & Tian, Guoqiang, 2008. "Equilibria in Second Price Auctions with Information Acquisition," MPRA Paper 41210, University Library of Munich, Germany.
    39. Wenzheng Gao & Daiqiang Zhang & Naibao Zhao, 2021. "Uncertainty In Procurement Contracting With Time Incentives," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(3), pages 1153-1197, August.
    40. Hyeon Park, 2019. "Multi-bidder First Price Auction with Beliefs," Studies in Microeconomics, , vol. 7(1), pages 140-160, June.
    41. Sven Fischer & Werner Güth & Todd R. Kaplan & Ro'i Zultan, 2021. "Auctions With Leaks About Early Bids: Analysis And Experimental Behavior," Economic Inquiry, Western Economic Association International, vol. 59(2), pages 722-739, April.
    42. Sven Fischer & Werner Guth & Todd R. Kaplan & Ro'i Zultan, 2014. "Auctions And Leaks: A Theoretical And Experimental Investigation," Working Papers 1404, Ben-Gurion University of the Negev, Department of Economics.
    43. Heumann, Tibor, 2019. "An ascending auction with multi-dimensional signals," Journal of Economic Theory, Elsevier, vol. 184(C).
    44. Kim, Jinwoo & Koh, Youngwoo, 2020. "Learning rivals' information in interdependent value auctions," Journal of Economic Theory, Elsevier, vol. 187(C).
    45. Philippe Bich & Rida Laraki, 2013. "On the Existence of Approximated Equilibria and Sharing-Rule Equilibria in Discontinuous Games," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00846143, HAL.
    46. Philippe Bich & Rida Laraki, 2013. "On the Existence of Approximated Equilibria and Sharing-Rule Equilibria in Discontinuous Games," Working Papers hal-00846143, HAL.
    47. Olivier Compte & Andrew Postlewaite, 2010. "Simple Auctions, Second Version," PIER Working Paper Archive 13-017, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Apr 2013.

  85. Jeffery D. Amato & Hyun Song Shin & Stephen Morris, 2003. "Communication and monetary policy," BIS Working Papers 123, Bank for International Settlements.

    Cited by:

    1. Stanislav Hába, 2016. "Verbální intervence ČNB: reaguje devizový kurz na slova bankovní rady? [Czech National Bank Verbal Interventions: Does the Exchange Rate React to Words from CNB Bank Board?]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(4), pages 405-419.
    2. Jonne Lehtimäki & Marianne Palmu, 2022. "Who Should You Listen to in a Crisis? Differences in Communication of Central Bank Policymakers," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 11(3), pages 33-57.
    3. Hughes Hallett Andrew & Di Bartolomeo Giovanni & Acocella Nicola, 2008. "Controllability under rational expectations," wp.comunite 0042, Department of Communication, University of Teramo.
    4. Maria Demertzis & Nicola Viegi, 2008. "Inflation Targets as Focal Points," International Journal of Central Banking, International Journal of Central Banking, vol. 4(1), pages 55-87, March.
    5. Romain Baeriswyl & Camille Cornand, 2007. "Monetary policy and its informative value," Proceedings, Federal Reserve Bank of San Francisco, issue March, pages 1-34.
    6. Guido Lorenzoni, 2006. "A Theory of Demand Shocks," NBER Working Papers 12477, National Bureau of Economic Research, Inc.
    7. Patricia Jackson, 2013. "Shadow Banking and New Lending Channels – Past and Future," SUERF 50th Anniversary Volume Chapters, in: Morten Balling & Ernest Gnan (ed.), 50 Years of Money and Finance: Lessons and Challenges, chapter 11, pages 377-414, SUERF - The European Money and Finance Forum.
    8. Camille Cornand & Romain Baeriswyl & Bruno Ziliotto, 2019. "Observing and shaping the market: the dilemma of central banks," Post-Print hal-01644269, HAL.
    9. Romain Baeriswyl & Camille Cornand, 2012. "Reducing overreaction to central banks' disclosures : theory and experiment," Working Papers halshs-00657943, HAL.
    10. Fratzscher, Marcel, 2006. "On the long-term effectiveness of exchange rate communication and interventions," Journal of International Money and Finance, Elsevier, vol. 25(1), pages 146-167, February.
    11. Michael Woodford, 2005. "Central bank communication and policy effectiveness," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 399-474.
    12. Jan Filacek & Luboš Komárek & Petr Král, 2007. "Why Central Bankers Should Disclose: Interest Rate Forecast," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(11-12), pages 558-576, December.
    13. Emna Trabelsi & Walid Hichri, 2013. "Central bank Transparency and Information Dissemination : An experimental Approach," Working Papers 1336, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    14. Camille Cornand & Romain Baeriswyl, 2016. "The predominant role of signals’ precision in experimental beauty contest," Post-Print halshs-01303673, HAL.
    15. Paul Hubert, 2014. "FOMC Forecasts as a Focal Point for Private Expectations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(7), pages 1381-1420, October.
    16. Haryo Kuncoro, 2021. "Central Bank Communication and Policy Interest Rate," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(1), pages 76-91, January.
    17. Joan Esteban & Facundo Albornoz & Paolo Vanin, 2009. "Government Information Transparency," UFAE and IAE Working Papers 774.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), revised 10 Feb 2010.
    18. Alberto Locarno, 2012. "Monetary policy in a model with misspecified, heterogeneous and ever-changing expectations," Temi di discussione (Economic working papers) 888, Bank of Italy, Economic Research and International Relations Area.
    19. Ehrmann, Michael & Fratzscher, Marcel, 2008. "Purdah: on the rationale for central bank silence around policy meetings," Working Paper Series 868, European Central Bank.
    20. Clemens J. M. Kool Author-Name-First Clemens J. M. & Daniel L. Thornton Author-Name-First Daniel L., 2014. "How Effective Is Central Bank Forward Guidance?," Working Papers CASMEF 1405, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    21. David P. Myatt & Stephen D. Fisher, 2002. "Tactical Coordination in Plurality Electoral Systems," Economics Series Working Papers 133, University of Oxford, Department of Economics.
    22. Wyplosz, Charles & Gosselin, Pierre & ,, 2007. "Interest Rate Signals and Central Bank Transparency," CEPR Discussion Papers 6454, C.E.P.R. Discussion Papers.
    23. Wyplosz, Charles & Gosselin-Lotz, Aileen & Gosselin, Pierre, 2006. "How Much Information Should Interest Rate-Setting Central Banks Reveal?," CEPR Discussion Papers 5666, C.E.P.R. Discussion Papers.
    24. Oliver Burrows & Anne Vila Wetherilt, 2004. "Have markets reacted differently to macroeconomic and monetary policy news since 1997? An empirical analysis of UK intraday trades and prices," Money Macro and Finance (MMF) Research Group Conference 2004 75, Money Macro and Finance Research Group.
    25. Di Bartolomeo Giovanni & Hughes Hallett Andrew & Acocella Nicola, 2013. "When Can Policy Makers Anchor Expectations? Dynamic controllability and the limits to time inconsistency," wp.comunite 0104, Department of Communication, University of Teramo.
    26. Jasmina Arifovic & Janet Hua Jiang, 2014. "Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs," Staff Working Papers 14-12, Bank of Canada.
    27. Hansson, Magnus, 2021. "Evolution of topics in central bank speech communication," Working Papers in Economics 811, University of Gothenburg, Department of Economics.
    28. Camille Cornand & Frank Heinemann, 2008. "Optimal Degree of Public Information Dissemination," Economic Journal, Royal Economic Society, vol. 118(528), pages 718-742, April.
    29. Jakob Haan, 2008. "The effect of ECB communication on interest rates: An assessment," The Review of International Organizations, Springer, vol. 3(4), pages 375-398, December.
    30. Michal Skorepa & Viktor Kotlan, 2003. "Inflation Targeting: To Forecast or to Simulate?," Research and Policy Notes 2003/01, Czech National Bank.
    31. Christopher S. Sutherland, 2020. "Forward Guidance and Expectation Formation: A Narrative Approach," Staff Working Papers 20-40, Bank of Canada.
    32. Rozkrut, Marek & Rybinski, Krzysztof & Sztaba, Lucyna & Szwaja, Radoslaw, 2007. "Quest for central bank communication: Does it pay to be "talkative"?," European Journal of Political Economy, Elsevier, vol. 23(1), pages 176-206, March.
    33. David P. Myatt & Chris Wallace, 2009. "Endogenous Information Acquisition in Coordination Games," Economics Series Working Papers 445, University of Oxford, Department of Economics.
    34. Armelius, Hanna & Bertsch, Christoph & Hull, Isaiah & Zhang, Xin, 2020. "Spread the Word: International spillovers from central bank communication," Journal of International Money and Finance, Elsevier, vol. 103(C).
    35. Man-Keung Tang & Mr. Xiangrong Yu, 2011. "Communication of Central Bank Thinking and Inflation Dynamics," IMF Working Papers 2011/209, International Monetary Fund.
    36. van Holle, Frederiek, 2017. "Essays in empirical finance and monetary policy," Other publications TiSEM 30d11a4b-7bc9-4c81-ad24-5, Tilburg University, School of Economics and Management.
    37. Roksolana Holub & Oleksandr Hlushchenko, 2017. "The National Bank of Ukraine Communication Strategy Optimization within the Framework of Impact on Exchange Rate Expectations of Economic Agents," Economies, MDPI, vol. 5(3), pages 1-15, September.
    38. Donato Masciandaro & Davide Romelli & Gaia Rubera, 2021. "Monetary policy and financial markets: evidence from Twitter traffic," BAFFI CAREFIN Working Papers 21160, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    39. Celso Brunetti & Marc Joëts & Valérie Mignon, 2023. "Reasons Behind Words: OPEC Narratives and the Oil Market," Working Papers hal-04196053, HAL.
    40. Bhattacharyya, Indranil & Sensarma, Rudra, 2008. "How effective are monetary policy signals in India," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 169-183.
    41. David P. Myatt & Chris Wallace, 2008. "On the Sources and Value of Information: Public Announcements and Macroeconomic Performance," Economics Series Working Papers 411, University of Oxford, Department of Economics.
    42. Jakub Mateju, 2014. "Explaining the Strength and Efficiency of Monetary Policy Transmission: A Panel of Impulse Responses from a Time-Varying Parameter Model," Working Papers 2014/04, Czech National Bank.
    43. Donato Masciandaro & Oana Peia & Davide Romelli, 2022. "Central Bank Communication and Social Media: From Silence to Twitter," BAFFI CAREFIN Working Papers 22187, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    44. Oleksiy Kryvtsov & Luba Petersen, 2019. "Central Bank Communication That Works: Lessons from Lab Experiments," Staff Working Papers 19-21, Bank of Canada.
    45. Hughes Hallett Andrew & Di Bartolomeo Giovanni & Acocella Nicola, 2013. "Central banks and economic policy after the crisis: What have we learned?," wp.comunite 0106, Department of Communication, University of Teramo.
    46. Ehrmann, Michael & Fratzscher, Marcel, 2007. "The timing of central bank communication," European Journal of Political Economy, Elsevier, vol. 23(1), pages 124-145, March.
    47. Rosa, Carlo & Verga, Giovanni, 2007. "On the consistency and effectiveness of central bank communication: Evidence from the ECB," European Journal of Political Economy, Elsevier, vol. 23(1), pages 146-175, March.
    48. Sheila Dow & Matthias Klaes & Alberto Montagnoli, 2009. "Risk And Uncertainty In Central Bank Signals: An Analysis Of Monetary Policy Committee Minutes," Metroeconomica, Wiley Blackwell, vol. 60(4), pages 584-618, November.
    49. Pacheco, Luis, 2010. "ECB Projections: should leave it to the pros?," Working Papers 11/2010, Universidade Portucalense, Centro de Investigação em Gestão e Economia (CIGE).
    50. Nina Boyarchenko & Valentin Haddad & Matthew Plosser, 2016. "The Federal Reserve and market confidence," Staff Reports 773, Federal Reserve Bank of New York.
    51. Michael J. Lamla & Sarah M. Rupprecht, 2006. "The Impact of ECB Communication on Financial Market Expectations," KOF Working papers 06-135, KOF Swiss Economic Institute, ETH Zurich.
    52. J. Scott Davis & Mark A. Wynne, 2016. "Central bank communications: a case study," Globalization Institute Working Papers 283, Federal Reserve Bank of Dallas.
    53. Alan S. Blinder & Michael Ehrmann & Marcel Fratzscher & Jakob De Haan & David-Jan Jansen, 2008. "Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 46(4), pages 910-945, December.
    54. Hayo, Bernd & Neuenkirch, Matthias, 2010. "Do Federal Reserve communications help predict federal funds target rate decisions?," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 1014-1024, December.
    55. Lars Svensson, 2006. "Optimal Inflation Targeting: Further Developments of Inflation Targeting," Working Papers Central Bank of Chile 403, Central Bank of Chile.
    56. Fratzscher, Marcel, 2004. "Communication and exchange rate policy," Working Paper Series 363, European Central Bank.
    57. Matthias Neuenkirch & Pierre Siklos, 2011. "What’s in a Second Opinion? Shadowing the ECB and the Bank of England," MAGKS Papers on Economics 201131, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    58. Chakravarty, Surajeet & Choo, Lawrence & Fonseca, Miguel A. & Kaplan, Todd R., 2021. "Should regulators always be transparent? a bank run experiment," European Economic Review, Elsevier, vol. 136(C).
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    60. Jitmaneeroj, Boonlert & Lamla, Michael J. & Wood, Andrew, 2019. "The implications of central bank transparency for uncertainty and disagreement," Journal of International Money and Finance, Elsevier, vol. 90(C), pages 222-240.
    61. Lars E. O. Svensson, 2006. "Social Value of Public Information: Comment: Morris and Shin (2002) Is Actually Pro-Transparency, Not Con," American Economic Review, American Economic Association, vol. 96(1), pages 448-452, March.
    62. Jean-Yves Gnabo & Christelle Lecourt, 2008. "Foreign Exchange Intervention Policy: With or Without Transparency? The Case of Japan," Economie Internationale, CEPII research center, issue 113, pages 5-34.
    63. Dieter Gerdesmeier & Francesco Paolo Mongelli & Barbara Roffia, 2007. "The Eurosystem, the U.S. Federal Reserve, and the Bank of Japan: Similarities and Differences," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1785-1819, October.
    64. Guido Lorenzoni, 2007. "News Shocks and Optimal Monetary Policy," NBER Working Papers 12898, National Bureau of Economic Research, Inc.
    65. Jakub Matějů, 2019. "What Drives the Strength of Monetary Policy Transmission?," International Journal of Central Banking, International Journal of Central Banking, vol. 15(3), pages 59-87, September.
    66. Ehrmann, Michael & Fratzscher, Marcel, 2007. "Social value of public information: testing the limits to transparency," Working Paper Series 821, European Central Bank.
    67. Hughes Hallett, Andrew & Acocella, Nicola & Di Bartolomeo, Giovanni, 2008. "When Can Central Banks Anchor Expectations? Policy communication and controllability," CEPR Discussion Papers 7078, C.E.P.R. Discussion Papers.
    68. Menguy, Séverine, 2006. "Les limites du cadre institutionnel européen," L'Actualité Economique, Société Canadienne de Science Economique, vol. 82(3), pages 395-418, septembre.
    69. Fujiwara, Ippei & Waki, Yuichiro, 2020. "Fiscal forward guidance: A case for selective transparency," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 236-248.
    70. Troy Davig & Jeffrey R. Gerlach, 2006. "Monetary Policy, the Bond Market, and Changes in FOMC Communication Policy," Working Papers 31, Department of Economics, College of William and Mary.
    71. Myatt, David P. & Wallace, Chris, 2014. "Central bank communication design in a Lucas-Phelps economy," Journal of Monetary Economics, Elsevier, vol. 63(C), pages 64-79.
    72. Bluhm, Marcel, 2011. "Investigating the monetary policy of central banks with assessment indicators," CFS Working Paper Series 2011/20, Center for Financial Studies (CFS).
    73. Robson Rodrigues Pereira, 2004. "Comunicação Em Política Monetária," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 029, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    74. Ricardo J. Caballero & Alp Simsek, 2020. "Monetary Policy with Opinionated Markets," NBER Working Papers 27313, National Bureau of Economic Research, Inc.
    75. Hughes Hallett Andrew & Nicola Acocella, "undated". "Stabilization and expanded commitment: a theory of forward guidance for economies with rational expectations," Working Papers 132/14, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    76. Robert S. Chirinko & Christopher Curran, 2013. "Greenspan Shrugs: Central Bank Communication, Formal Pronouncements and Bond Market Volatility," CESifo Working Paper Series 4236, CESifo.
    77. Michael Ehrmann & Marcel Fratzscher, 2007. "Communication by Central Bank Committee Members: Different Strategies, Same Effectiveness?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(2‐3), pages 509-541, March.
    78. Hehui JIN, 2007. "Nominal Interest Rate Rules under Heterogeneous Beliefs," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 115(3), pages 403-442.
    79. John D. Burger, 2004. "The Policy Anticipation Hypothesis: Evidence from the Federal Funds Futures Market," Contemporary Economic Policy, Western Economic Association International, vol. 22(4), pages 544-554, October.
    80. Lavan Mahadeva, 2007. "A model of market surprises," Bank of England working papers 327, Bank of England.
    81. Maria Demertzis & Marco Hoeberichts, 2007. "The Costs of Increasing Transparency," Open Economies Review, Springer, vol. 18(3), pages 263-280, July.
    82. Charemza, Wojciech & Díaz, Carlos & Makarova, Svetlana, 2019. "Quasi ex-ante inflation forecast uncertainty," International Journal of Forecasting, Elsevier, vol. 35(3), pages 994-1007.
    83. Bruno Ducoudre, 2008. "Structure par terme des taux d’intérêt et anticipations de la politique économique," Sciences Po publications info:hdl:2441/5221, Sciences Po.
    84. Turdaliev, Nurlan, 2010. "Communication in repeated monetary policy games," International Review of Economics & Finance, Elsevier, vol. 19(2), pages 228-243, April.
    85. R Sumithra, 2020. "Monetary Policy Goals for Economic Stability in India," Shanlax International Journal of Economics, Shanlax Journals, vol. 8(2), pages 5-11, March.
    86. Donato Masciandaro & Davide Romelli, 2016. "From Silence to Voice: Monetary Policy, Central Bank Governance and Communication," BAFFI CAREFIN Working Papers 1627, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    87. Frederic S. Miskin & Klaus Schmidt-Hebbel, 2007. "Monetary Policy under Inflation Targeting: An Introduction," Central Banking, Analysis, and Economic Policies Book Series, in: Frederic S. Miskin & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Se (ed.),Monetary Policy under Inflation Targeting, edition 1, volume 11, chapter 1, pages 001-022, Central Bank of Chile.
    88. Magnus Hansson, 2021. "Evolution of topics in central bank speech communication," Papers 2109.10058, arXiv.org.
    89. Marek Rozkrut, 2008. "It’s not only WHAT is said, it’s also WHO the speaker is. Evaluating the effectiveness of central bank communication," NBP Working Papers 47, Narodowy Bank Polski.
    90. Michael Ehrmann & Marcel Fratzscher, 2013. "Dispersed communication by central bank committees and the predictability of monetary policy decisions," Public Choice, Springer, vol. 157(1), pages 223-244, October.
    91. Patrick Luennemann & Dirk Mevis, 2008. "Eurosystem communication and financial market expectations," BCL working papers 30, Central Bank of Luxembourg.
    92. Jacob Wong, 2008. "Information acquisition, dissemination, and transparency of monetary policy," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 41(1), pages 46-79, February.
    93. Vyshnevskyi, Iegor & Jombo, Wytone & Sohn, Wook, 2024. "The clarity of monetary policy communication and financial market volatility in developing economies," Emerging Markets Review, Elsevier, vol. 59(C).
    94. Ehrmann, Michael & Fratzscher, Marcel, 2005. "How should central banks communicate?," Working Paper Series 557, European Central Bank.
    95. Paul Hubert, 2010. "Monetary policy, imperfect information and the expectations channel [Politique monétaire,information imparfaite et canal des anticipations]," SciencePo Working papers Main tel-04095385, HAL.
    96. Christopher S. Sutherland, 2023. "Forward guidance and expectation formation: A narrative approach," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(2), pages 222-241, March.
    97. Assenmacher, Katrin & Glöckler, Gabriel & Holton, Sarah & Trautmann, Peter & Ioannou, Demosthenes & Mee, Simon & Alonso, Conception & Argiri, Eleni & Arigoni, Filippo & Bakk-Simon, Klára & Bergbauer, , 2021. "Clear, consistent and engaging: ECB monetary policy communication in a changing world," Occasional Paper Series 274, European Central Bank.
    98. Gnabo, Jean-Yves & Laurent, Sébastien & Lecourt, Christelle, 2009. "Does transparency in central bank intervention policy bring noise to the FX market?: The case of the Bank of Japan," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 19(1), pages 94-111, February.
    99. Omotosho, Babatunde S., 2020. "Central Bank Communication during Economic Recessions: Evidence from Nigeria," MPRA Paper 99655, University Library of Munich, Germany.
    100. Donato Masciandaro & Davide Romelli & Gaia Rubera, 2020. "Tweeting on Monetary Policy and Market Sentiments: The Central Bank Surprise Index," BAFFI CAREFIN Working Papers 20134, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    101. Siamak Javadi & Ali Nejadmalayeri & Timothy L Krehbiel, 2018. "Do FOMC Actions Speak Loudly? Evidence from Corporate Bond Credit Spreads [Communication and monetary policy]," Review of Finance, European Finance Association, vol. 22(5), pages 1877-1909.
    102. Torun Dewan & David P Myatt, 2012. "On the rhetorical strategies of leaders: Speaking clearly, standing back, and stepping down," Journal of Theoretical Politics, , vol. 24(4), pages 431-460, October.
    103. Zafar Hayat, 2017. "Pakistan’s Monetary Policy: Some Fundamental Issues," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 56(1), pages 31-58.
    104. Pearlman, Joseph G., 2005. "Central bank transparency and private information in a dynamic macroeconomic model," Working Paper Series 455, European Central Bank.
    105. Paul Hubert, 2010. "Monetary Policy, Imperfect Information and the Expectations Channel," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.
    106. Jalali Naini , Ahmad-Reza & Naderian , Mohammad-Amin, 2014. "Social Value of Information and Optimal Communication Policy of Central Banks," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 9(3), pages 31-57, April.
    107. Marie Musard-Gies, 2005. "Do ECB's statements steer short-term and long-term interest rates in the euro zone?," Money Macro and Finance (MMF) Research Group Conference 2005 56, Money Macro and Finance Research Group.
    108. Reeves, Rachel & Sawicki, Michael, 2007. "Do financial markets react to Bank of England communication?," European Journal of Political Economy, Elsevier, vol. 23(1), pages 207-227, March.

  86. Bernardo Guimaraes & Stephen Morris, 2003. "Risk and Wealth in a Model of Self-fulfilling Currency Crises," Cowles Foundation Discussion Papers 1433, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Lars Calmfors & Giancarlo Corsetti & Seppo Honkapohja & John Kay & Willi Leibfritz & Gilles Saint-Paul & Hans-Werner Sinn & Xavier Vives, 2004. "Acceding Countries: The Road to the Euro," EEAG Report on the European Economy, CESifo, vol. 0, pages 119-136, October.
    2. Lars Calmfors & Giancarlo Corsetti & Seppo Honkapohja & John Kay & Willi Leibfritz & Gilles Saint-Paul & Hans-Werner Sinn & Xavier Vives, 2004. "EEAG European Economic Advisory Group at CESifo: Report on the European Economy 2004," EEAG Report on the European Economy, CESifo, vol. 0, pages 1-148, October.

  87. Morris, Stephen Morris & Takashi Ui, 2002. "Best Response Equivalence," Cowles Foundation Discussion Papers 1377, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Roman M. Sheremeta & Subhasish M. Chowdhury, 2014. "Strategically Equivalent Contests," Working Papers 14-06, Chapman University, Economic Science Institute.
    2. Tercieux, O.R.C. & Voorneveld, M., 2005. "The Cutting Power of Preparation," Other publications TiSEM 75173341-627f-4eb2-91f1-0, Tilburg University, School of Economics and Management.
    3. Staudigl, M & Weidenholzer, S, 2014. "Constrained Interactions and Social Coordination," Economics Discussion Papers 10007, University of Essex, Department of Economics.
    4. Stephen Morris & Takashi Ui, 2003. "Generalized Potentials and Robust Sets of Equilibria," Cowles Foundation Discussion Papers 1394, Cowles Foundation for Research in Economics, Yale University.
    5. Christian Ewerhart, 2017. "The lottery contest is a best-response potential game," ECON - Working Papers 242, Department of Economics - University of Zurich, revised Mar 2017.
    6. Anderson, Edward & Holmberg, Pär, 2023. "Multi-Unit Auctions with Uncertain Supply and Single-Unit Demand," Working Paper Series 1460, Research Institute of Industrial Economics.
    7. Dubey, Pradeep & Haimanko, Ori & Zapechelnyuk, Andriy, 2006. "Strategic complements and substitutes, and potential games," Games and Economic Behavior, Elsevier, vol. 54(1), pages 77-94, January.
    8. Hiroshi Uno, 2007. "Nested Potential Games," Economics Bulletin, AccessEcon, vol. 3(19), pages 1-8.
    9. Fabrizio Germano, 2003. "On some geometry and equivalence classes of normal form games," Economics Working Papers 669, Department of Economics and Business, Universitat Pompeu Fabra.
    10. O’Callaghan, Patrick, 2011. "Context and Decision: Utility on a Union of Mixture Spaces," The Warwick Economics Research Paper Series (TWERPS) 973, University of Warwick, Department of Economics.
    11. V. Bhaskar & George J. Mailath & Stephen Morris, 2009. "A Foundation for Markov Equilibria in Infinite Horizon Perfect Information Games," PIER Working Paper Archive 09-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    12. Martimort, David & Stole, Lars, 2011. "Aggregate Representations of Aggregate Games," MPRA Paper 32871, University Library of Munich, Germany.
    13. Joseph M. Abdou & Nikolaos Pnevmatikos & Marco Scarsini, 2017. "Uniformity and games decomposition," Post-Print halshs-01147442, HAL.
    14. Norde, Henk & Voorneveld, Mark, 2019. "Feasible best-response correspondences and quadratic scoring rules," SSE Working Paper Series in Economics 2019:2, Stockholm School of Economics.
    15. Nora, Vladyslav & Uno, Hiroshi, 2014. "Saddle functions and robust sets of equilibria," Journal of Economic Theory, Elsevier, vol. 150(C), pages 866-877.
    16. O'Callaghan, Patrick, 2011. "Context and Decision: Utility on a Union of Mixture Spaces," Economic Research Papers 270751, University of Warwick - Department of Economics.
    17. Tercieux, O.R.C. & Voorneveld, M., 2005. "The Cutting Power of Preparation," Discussion Paper 2005-94, Tilburg University, Center for Economic Research.
    18. Martimort, David & Stole, Lars, 2012. "Representing equilibrium aggregates in aggregate games with applications to common agency," Games and Economic Behavior, Elsevier, vol. 76(2), pages 753-772.
    19. Voorneveld, Mark, 2019. "An elementary axiomatization of the Nash equilibrium concept," SSE Working Paper Series in Economics 2019:1, Stockholm School of Economics.
    20. Uno, Hiroshi, 2011. "Strategic complementarities and nested potential games," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 728-732.
    21. Teng, Jimmy, 2010. "Bayesian Theory of Games: A Statistical Decision Theoretic Based Analysis of Strategic Interactions," MPRA Paper 24189, University Library of Munich, Germany.
    22. Jacques Durieu & Hans Haller & Nicolas Querou & Philippe Solal, 2007. "Ordinal Games," CER-ETH Economics working paper series 07/74, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    23. Martin Jensen, 2010. "Aggregative games and best-reply potentials," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(1), pages 45-66, April.
    24. Kukushkin, Nikolai S., 2012. "Cournot tatonnement and potentials," MPRA Paper 43188, University Library of Munich, Germany.
    25. Igal Milchtaich, 2015. "Network topology and equilibrium existence in weighted network congestion games," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(3), pages 515-541, August.
    26. Teng, Jimmy, 2011. "Bayesian equilibrium by iterative conjectures: a theory of games with players forming conjectures iteratively starting with first order uninformative conjectures," MPRA Paper 37969, University Library of Munich, Germany, revised 06 Apr 2012.
    27. Teng, Jimmy, 2018. "Schelling Point as a Refinement of Nash Equilibrium," Conference Papers 10484, Graduate School of Management, St. Petersburg State University.
    28. UI, Takashi & 宇井, 貴志, 2015. "Bayesian Nash Equilibrium and Variational Inequalities," Discussion Papers 2015-08, Graduate School of Economics, Hitotsubashi University.
    29. Ewerhart, Christian & Valkanova, Kremena, 2020. "Fictitious play in networks," Games and Economic Behavior, Elsevier, vol. 123(C), pages 182-206.
    30. Philip Brookins & Dmitry Ryvkin, 2016. "Equilibrium existence in group contests," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(2), pages 265-276, October.
    31. Takashi Ui, 2009. "Bayesian potentials and information structures: Team decision problems revisited," International Journal of Economic Theory, The International Society for Economic Theory, vol. 5(3), pages 271-291, September.
    32. Candogan, Ozan & Ozdaglar, Asuman & Parrilo, Pablo A., 2013. "Dynamics in near-potential games," Games and Economic Behavior, Elsevier, vol. 82(C), pages 66-90.
    33. Luke Marris & Ian Gemp & Georgios Piliouras, 2023. "Equilibrium-Invariant Embedding, Metric Space, and Fundamental Set of $2\times2$ Normal-Form Games," Papers 2304.09978, arXiv.org.
    34. Dirk Bergemann & Stephen Morris, 2007. "Belief Free Incomplete Information Games," Levine's Bibliography 122247000000001569, UCLA Department of Economics.
    35. Lee, Byung Soo & Stewart, Colin, 2016. "Identification of payoffs in repeated games," Games and Economic Behavior, Elsevier, vol. 99(C), pages 82-88.
    36. UNO, Hiroshi, 2011. "Nested potentials and robust equilibria," LIDAM Discussion Papers CORE 2011009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    37. Ui, Takashi, 2016. "Bayesian Nash equilibrium and variational inequalities," Journal of Mathematical Economics, Elsevier, vol. 63(C), pages 139-146.
    38. Voorneveld, Mark, 2019. "An axiomatization of the Nash equilibrium concept," Games and Economic Behavior, Elsevier, vol. 117(C), pages 316-321.
    39. Hwang, Sung-Ha & Rey-Bellet, Luc, 2020. "Strategic decompositions of normal form games: Zero-sum games and potential games," Games and Economic Behavior, Elsevier, vol. 122(C), pages 370-390.

  88. Stephen Morris & Hyun Song Shin, 2001. "The CNBC Effect: Welfare Effects of Public Information," Cowles Foundation Discussion Papers 1312, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Hortala-Vallve, Rafael, 2005. "On bank disclosure and subordinated debt," LSE Research Online Documents on Economics 28650, London School of Economics and Political Science, LSE Library.
    2. Seth B. Carpenter, 2004. "Transparency and monetary policy: what does the academic literature tell policymakers?," Finance and Economics Discussion Series 2004-35, Board of Governors of the Federal Reserve System (U.S.).
    3. Thomas Schuster, 2003. "Meta-Communication and Market Dynamics. Reflexive Interactions of Financial Markets and the Mass Media," Finance 0307014, University Library of Munich, Germany.

  89. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.

    Cited by:

    1. Andrey Krishenik & Andreea Minca & Johannes Wissel, 2015. "When do creditors with heterogeneous beliefs agree to run?," Finance and Stochastics, Springer, vol. 19(2), pages 233-259, April.
    2. Frankel, David M., 2012. "Recurrent crises in global games," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 309-321.
    3. Flavio Toxvaerd & Chryssi Giannitsarou, 2004. "Recursive global games," Money Macro and Finance (MMF) Research Group Conference 2003 104, Money Macro and Finance Research Group.
    4. Christian Hellwig, 2004. "Heterogeneous Information and the Benefits of Public Information Disclosures (October 2005)," UCLA Economics Online Papers 283, UCLA Department of Economics.
    5. Michele Berardi, 2011. "Strategic interactions, incomplete information and learning," Centre for Growth and Business Cycle Research Discussion Paper Series 157, Economics, The University of Manchester.
    6. Rodrigo J. Harrison & Roberto Munoz, 2003. "Stability and Equilibrium Selection in a Link Formation Game," Game Theory and Information 0306004, University Library of Munich, Germany.
    7. Adam, Klaus, 2004. "Optimal Monetary Policy with Imperfect Common Knowledge," CEPR Discussion Papers 4594, C.E.P.R. Discussion Papers.
    8. Maria Demertzis & Nicola Viegi, 2008. "Inflation Targets as Focal Points," International Journal of Central Banking, International Journal of Central Banking, vol. 4(1), pages 55-87, March.
    9. María Victoria Anauati & Brian Feld & Sebastian Galiani & Gustavo Torrens, 2015. "Collective Action: Experimental Evidence," NBER Working Papers 20936, National Bureau of Economic Research, Inc.
    10. Stephen Morris & Hyun Song Shin, 2004. "Liquidity Black Holes," Review of Finance, European Finance Association, vol. 8(1), pages 1-18.
    11. Torsten Persson & Guido Tabellini, 2006. "Democratic capital: The nexus of political and economic change," Levine's Bibliography 122247000000001304, UCLA Department of Economics.
    12. Sumon Majumdar & Sharun Mukand, 2008. "The Leader as Catalyst – on Leadership and the Mechanics of Institutional Change," CESifo Working Paper Series 2337, CESifo.
    13. Christian Hellwig & Arijit Mukherji & Aleh Tsyvinski, 2005. "Self-Fulfilling Currency Crises: The Role of Interest Rates," NBER Working Papers 11191, National Bureau of Economic Research, Inc.
    14. Echenique, Federico, 2004. "A characterization of strategic complementarities," Games and Economic Behavior, Elsevier, vol. 46(2), pages 325-347, February.
    15. Christina E. Bannier, 2003. "Privacy or Publicity - Who Drives the Wheel?," Game Theory and Information 0309006, University Library of Munich, Germany.
    16. Karp, Larry, 2008. "Correct (and misleading) arguments for using market based pollution control policies," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt8rw5801j, Department of Agricultural & Resource Economics, UC Berkeley.
    17. Backé, Peter, 2003. "Optimal monetary policy with imperfect common knowledge," Working Paper Series 223, European Central Bank.
    18. Mei Li, 2007. "Investment Complementarities, Coordination Failure And Systemic Bankruptcy," Working Paper 1149, Economics Department, Queen's University.
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    1. Frankel, David M., 2012. "Recurrent crises in global games," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 309-321.
    2. Flavio Toxvaerd & Chryssi Giannitsarou, 2004. "Recursive global games," Money Macro and Finance (MMF) Research Group Conference 2003 104, Money Macro and Finance Research Group.
    3. Rodrigo J. Harrison & Roberto Munoz, 2003. "Stability and Equilibrium Selection in a Link Formation Game," Game Theory and Information 0306004, University Library of Munich, Germany.
    4. Echenique, Federico & Pereyra, Juan Sebastián, 2016. "Strategic complementarities and unraveling in matching markets," Theoretical Economics, Econometric Society, vol. 11(1), January.
    5. Matthew Jackson & Gary Charness, 2004. "Group Play in Games and the Role of Consent in Network Formation," Econometric Society 2004 North American Summer Meetings 654, Econometric Society.
    6. Frankel, David M., 2010. "Shocks and Crises in the Long Run," Staff General Research Papers Archive 31687, Iowa State University, Department of Economics.
    7. Eugen Kovac & Jakub Steiner, 2008. "Reversibility in Dynamic Coordination Problems," Edinburgh School of Economics Discussion Paper Series 183, Edinburgh School of Economics, University of Edinburgh.
    8. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    9. Bruno S. Frey & Dominic Rohner, 2006. "Blood and Ink! The Common-Interest-Game Between Terrorists and the Media," CREMA Working Paper Series 2006-08, Center for Research in Economics, Management and the Arts (CREMA).
    10. Eric Hoffmann, 2013. "Global Games Selection in Games with Strategic Substitutes or Complements," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201308, University of Kansas, Department of Economics.
    11. Li, Fei & Song, Yangbo & Zhao, Mofei, 2023. "Global manipulation by local obfuscation," Journal of Economic Theory, Elsevier, vol. 207(C).
    12. Itay Goldstein, 2005. "Strategic Complementarities and the Twin Crises," Economic Journal, Royal Economic Society, vol. 115(503), pages 368-390, April.
    13. María Victoria Anauati & Brian Feld & Sebastian Galiani & Gustavo Torrens, 2015. "Collective Action: Experimental Evidence," NBER Working Papers 20936, National Bureau of Economic Research, Inc.
    14. Jakub Steiner & Laurent Mathevet, 2012. "Sand in the Wheels: A Dynamic Global-Game Approach," 2012 Meeting Papers 123, Society for Economic Dynamics.
    15. Stephen Morris & Ilhyock Shim & Hyun Song Shin, 2017. "Redemption risk and cash hoarding by asset managers," BIS Working Papers 608, Bank for International Settlements.
    16. Fumitoshi Moriya & Takuro Yamashita, 2020. "Asymmetric‐information allocation to avoid coordination failure," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 173-186, January.
    17. George-Marios Angeletos & Alessandro Pavan, 2012. "Selection-Free Predictions in Global Games with Endogenous Information and Multiple Equilibria," Discussion Papers 1570, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    18. Corrado, L. & Miller, M. & Zhang, L., 2007. "Bulls, Bears and Excess Volatility: can currency intervention help?," Cambridge Working Papers in Economics 0708, Faculty of Economics, University of Cambridge.
    19. Ricardo Serrano-Padial & Lukasz Drozd, 2015. "Financial Contracting with Enforcement Externalities," 2015 Meeting Papers 1362, Society for Economic Dynamics.
    20. Christian Ewerhart, 2020. "Ordinal potentials in smooth games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 1069-1100, November.
    21. Rodrigo Harrison & Pedro Jara‐Moroni, 2021. "Global Games With Strategic Substitutes," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(1), pages 141-173, February.
    22. Eric J. Hoffmann & Tarun Sabarwal, 2017. "Equilibrium Existence in Global Games With General Payoff Structures," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201702, University of Kansas, Department of Economics, revised Feb 2017.
    23. Tomasz Strzalecki, "undated". "Depth of Reasoning and Higher Order Beliefs," Working Paper 8334, Harvard University OpenScholar.
    24. Christian Basteck & Tijmen R. Daniëls, 2010. "Every Symmetric 3 x 3 Global Game of Strategic Complementarities Is Noise Independent," SFB 649 Discussion Papers SFB649DP2010-061, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    25. Honda, Jun, 2015. "Games with the Total Bandwagon Property," Department of Economics Working Paper Series 197, WU Vienna University of Economics and Business.
    26. Anne-Christine Barthel & Eric Hoffmann & Tarun Sabarwal, 2020. "Characterizing Robust Solutions to Monotone Games," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202012, University of Kansas, Department of Economics.
    27. Rodrigo Harrison & Pedro Jara-Moroni, 2013. "A Dominance Solvable Global Game with Strategic Substitutes," Documentos de Trabajo 440, Instituto de Economia. Pontificia Universidad Católica de Chile..
    28. Daisuke Oyama & Satoru Takahashi & Josef Hofbauer, 2003. "Monotone Methods for Equilibrium Selection under Perfect Foresight Dynamics," Levine's Bibliography 666156000000000420, UCLA Department of Economics.
    29. Brunnermeier, Markus & Abadi, Joseph, 2018. "Blockchain Economics," CEPR Discussion Papers 13420, C.E.P.R. Discussion Papers.
    30. Guido Lorenzoni & Ivan Werning, 2014. "Slow Moving Debt Crises," Levine's Working Paper Archive 786969000000000939, David K. Levine.
    31. Friedel Bolle, 2021. "Deterrence by Collective Punishment May Work against Criminals but Never against Freedom Fighters," Games, MDPI, vol. 12(2), pages 1-15, May.
    32. Zenou, Yves & Leister, Matthew & Zhou, Junjie, 2017. "Coordination on Networks," CEPR Discussion Papers 12392, C.E.P.R. Discussion Papers.
    33. Jutta Dönges & Frank Heinemann & Tijmen R. Daniëls, 2013. "Crossing Network versus Dealer Market: Unique Equilibrium in the Allocation of Order Flow," SFB 649 Discussion Papers SFB649DP2013-007, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    34. A. Pinna, 2014. "Shall We Keep Early Diers Alive?," Working Paper CRENoS 201411, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    35. Bolle, Friedel, 2019. "When will party whips succeed? Evidence from almost symmetric voting games," Mathematical Social Sciences, Elsevier, vol. 102(C), pages 24-34.
    36. Stephen Morris & Hyun Song Shin, 2000. "Rethinking Multiple Equilibria in Macroeconomic Modelling," Cowles Foundation Discussion Papers 1260, Cowles Foundation for Research in Economics, Yale University.
    37. Eric J. Hoffmann & Tarun Sabarwal, 2019. "Global Games With Strategic Complements and Substitutes," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201908, University of Kansas, Department of Economics.
    38. Ing-Haw Cheng & Alice Hsiaw, 2020. "Reporting Sexual Misconduct in the #MeToo Era," Working Papers 129R, Brandeis University, Department of Economics and International Business School, revised Aug 2020.
    39. Giovanna Devetag & Andreas Ortmann, 2007. "When and why? A critical survey on coordination failure in the laboratory," Experimental Economics, Springer;Economic Science Association, vol. 10(3), pages 331-344, September.
    40. Chassang, Sylvain, 2008. "Uniform selection in global games," Journal of Economic Theory, Elsevier, vol. 139(1), pages 222-241, March.
    41. Stephen Morris & Takashi Ui, 2003. "Generalized Potentials and Robust Sets of Equilibria," Cowles Foundation Discussion Papers 1394, Cowles Foundation for Research in Economics, Yale University.
    42. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
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    45. Dong Beom Choi, 2013. "Heterogeneity and stability: bolster the strong, not the weak," Staff Reports 637, Federal Reserve Bank of New York.
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    50. Frankel, David M., 2015. "Insuring customers of a unionized firm against loss of network benefits," ISU General Staff Papers 201502030800001036, Iowa State University, Department of Economics.
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    53. Guillaume Plantin & Haresh Sapra & Hyun Shin, "undated". "Marking to Market: Panacea or Pandora’s Box ?," GSIA Working Papers 2005-E4, Carnegie Mellon University, Tepper School of Business.
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    55. Aldashev, Gani, 2010. "Political Information Acquisition for Social Exchange," Quarterly Journal of Political Science, now publishers, vol. 5(1), pages 1-25, April.
    56. Dominik Grafenhofer & Wolfgang Kuhle, 2019. "Observing Actions in Bayesian Games," Papers 1904.10744, arXiv.org.
    57. Dominik Grafenhofer & Wolgang Kuhle, 2014. "Observing Each Other's Observations in the Electronic Mail Game," Papers 1501.00882, arXiv.org.
    58. Chen, Yi-Chun, 2012. "A structure theorem for rationalizability in the normal form of dynamic games," Games and Economic Behavior, Elsevier, vol. 75(2), pages 587-597.
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    61. Hyun Song Shin & Giancarlo Corsetti & Amil Dasgupta & Stephen Morris, 2001. "Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders," FMG Discussion Papers dp372, Financial Markets Group.
    62. Alexander Elbittar & Rodrigo Harrison & Roberto Muñoz, 2007. "Network Structure in a Link-formation Game: An Experimental Study," Levine's Working Paper Archive 122247000000001708, David K. Levine.
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    68. Bernardo Guimaraes & Stephen Morris, 2003. "Risk and Wealth in a Model of Self-fulfilling Currency Crises," Cowles Foundation Discussion Papers 1433, Cowles Foundation for Research in Economics, Yale University.
    69. Shadmehr, Mehdi & Bernhardt, Dan, 2011. "Collective Action with Uncertain Payoffs: Coordination, Public Signals, and Punishment Dilemmas," American Political Science Review, Cambridge University Press, vol. 105(4), pages 829-851, November.
    70. Atsushi Kajii & Stephen Morris, 2019. "Notes on "Refinements and Higher Order Beliefs"," Working Papers on Central Bank Communication 006, University of Tokyo, Graduate School of Economics.
    71. Schilling, Linda, 2024. "Smooth Regulatory Intervention," MPRA Paper 120041, University Library of Munich, Germany.
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    122. Itay Goldstein & Alexandr Kopytov & Lin Shen & Haotian Xiang, 2020. "Bank Heterogeneity and Financial Stability," NBER Working Papers 27376, National Bureau of Economic Research, Inc.
    123. Stephen Morris & Ming Yang, 2016. "Coordination and Continuous Choice," Working Papers 087_2017, Princeton University, Department of Economics, Econometric Research Program..
    124. Jin, Yu, 2012. "Essays on financial institutions and instability," ISU General Staff Papers 201201010800003361, Iowa State University, Department of Economics.
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    129. Rodrigo Harrison, 2003. "Global Games with Strategic Substitutes," Working Papers gueconwpa~03-03-06, Georgetown University, Department of Economics.
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    137. Beggs, A.W., 2015. "Regularity and robustness in monotone Bayesian games," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 145-158.
    138. Naqvi, Nadeem & Neumärker, Bernhard & Pech, Gerald, 2012. "The rule of law and sustainability of the constitution: The case of tax evasion," The Constitutional Economics Network Working Papers 01-2012, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
    139. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
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    141. Sergei Izmalkov & Muhamet Yildiz, 2010. "Investor Sentiments," American Economic Journal: Microeconomics, American Economic Association, vol. 2(1), pages 21-38, February.
    142. Oury, Marion, 2013. "Noise-independent selection in multidimensional global games," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2638-2665.
    143. Dasgupta, Amil, 2002. "Coordination, learning, and delay," LSE Research Online Documents on Economics 24955, London School of Economics and Political Science, LSE Library.
    144. COLLA, Paolo & GARCIA, Filomena, 2004. "Technology adoption with forward looking agents," LIDAM Discussion Papers CORE 2004041, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    145. Szkup, Michal & Trevino, Isabel, 2020. "Sentiments, strategic uncertainty, and information structures in coordination games," Games and Economic Behavior, Elsevier, vol. 124(C), pages 534-553.
    146. Naqvi, Nadeem & Neumärker, Bernhard & Pech, Gerald, 2018. "Consolidated democracy, constitutional stability, and the rule of law," MPRA Paper 86316, University Library of Munich, Germany.
    147. Jun Honda, 2018. "Games with the total bandwagon property meet the Quint–Shubik conjecture," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 893-912, September.
    148. Goldstein, Itay & Pauzner, Ady, 2004. "Contagion of self-fulfilling financial crises due to diversification of investment portfolios," Journal of Economic Theory, Elsevier, vol. 119(1), pages 151-183, November.
    149. Guimaraes, Bernardo & Araujo, Luis, 2013. "The effect of options on coordination," CEPR Discussion Papers 9294, C.E.P.R. Discussion Papers.
    150. Aki Lehtinen, 2007. "The Welfare Consequences of Strategic Voting in Two Commonly Used Parliamentary Agendas," Theory and Decision, Springer, vol. 63(1), pages 1-40, August.
    151. Aviad Heifetz, 2019. "Robust multiplicity with (transfinitely) vanishing naiveté," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1277-1296, December.
    152. Bertsch, Christoph, 2023. "Stablecoins: Adoption and Fragility," Working Paper Series 423, Sveriges Riksbank (Central Bank of Sweden).
    153. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    154. Oyama, Daisuke, 2002. "p-Dominance and Equilibrium Selection under Perfect Foresight Dynamics," Journal of Economic Theory, Elsevier, vol. 107(2), pages 288-310, December.
    155. Hoffmann, Eric & Sabarwal, Tarun, 2018. "Monotone Global Games," MPRA Paper 86943, University Library of Munich, Germany.
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    157. Jackson, Matthew O. & Rodriguez-Barraquer, Tomas & Tan, Xu, 2012. "Epsilon-equilibria of perturbed games," Games and Economic Behavior, Elsevier, vol. 75(1), pages 198-216.
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    Cited by:

    1. Vives, Xavier & Rochet, Jean Charles, 2002. "Coordination Failures and the Lender of Last Resort: Was Bagehot Right After All?," CEPR Discussion Papers 3233, C.E.P.R. Discussion Papers.
    2. Christina E. Metz, 2002. "Private and Public Information in Self-fulfilling Currency Crises," Journal of Economics, Springer, vol. 76(1), pages 65-85, May.
    3. Stephen Morris & Hyun Song Shin, 2001. "The CNBC Effect: Welfare Effects of Public Information," Cowles Foundation Discussion Papers 1312, Cowles Foundation for Research in Economics, Yale University.
    4. Georgios Chortareas & David Stasavage & Gabriel Sterne, 2002. "Does it pay to be transparent? international evidence form central bank forecasts," Review, Federal Reserve Bank of St. Louis, vol. 84(Jul), pages 99-118.
    5. Helder Ferreira de Mendonça & José Simão Filho, 2011. "Central Bank Transparency and Financial Market: Evidence for the Brazilian Case," Brazilian Review of Finance, Brazilian Society of Finance, vol. 9(1), pages 51-67.
    6. Stephen Morris & Hyun Song Shin, 2004. "Heterogeneity and Uniqueness in Interaction Games," Yale School of Management Working Papers ysm341, Yale School of Management.
    7. Jose M P Jorge, 2007. "Financial System Architecture: The Role of Systemic Risk, Added Value and Liquidity," Money Macro and Finance (MMF) Research Group Conference 2006 155, Money Macro and Finance Research Group.

  92. Shin, Hyun Song & Corsetti, Giancarlo & Dasgupta, Amil & Morris, Stephen, 2000. "Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders," CEPR Discussion Papers 2610, C.E.P.R. Discussion Papers.

    Cited by:

    1. Eichengreen, Barry & Kletzer, Kenneth & Mody, Ashoka, 2005. "The IMF in a World of Private Capital Markets," Santa Cruz Department of Economics, Working Paper Series qt84s7r0jf, Department of Economics, UC Santa Cruz.
    2. Ming Yi, 2017. "Dynamic beauty contests: Learning from the winners to win?," Journal of Economics, Springer, vol. 122(1), pages 67-92, September.
    3. Eugen Kovac & Jakub Steiner, 2008. "Reversibility in Dynamic Coordination Problems," Edinburgh School of Economics Discussion Paper Series 183, Edinburgh School of Economics, University of Edinburgh.
    4. Konrad, Kai A. & Stolper, Tim, 2015. "Coordination and the fight against tax havens," CEPR Discussion Papers 10519, C.E.P.R. Discussion Papers.
    5. Stephen Morris & Ilhyock Shim & Hyun Song Shin, 2017. "Redemption risk and cash hoarding by asset managers," BIS Working Papers 608, Bank for International Settlements.
    6. Aldasoro, Iñaki & Ehlers, Torsten & Eren, Egemen, 2022. "Global banks, dollar funding, and regulation," Journal of International Economics, Elsevier, vol. 137(C).
    7. Markus K. Brunnermeier & Martin Oehmke, 2014. "Predatory Short Selling," Review of Finance, European Finance Association, vol. 18(6), pages 2153-2195.
    8. Corrado, L. & Miller, M. & Zhang, L., 2007. "Bulls, Bears and Excess Volatility: can currency intervention help?," Cambridge Working Papers in Economics 0708, Faculty of Economics, University of Cambridge.
    9. Chen, Qi & Goldstein, Itay & Jiang, Wei, 2010. "Payoff complementarities and financial fragility: Evidence from mutual fund outflows," Journal of Financial Economics, Elsevier, vol. 97(2), pages 239-262, August.
    10. Ricardo Serrano-Padial & Lukasz Drozd, 2015. "Financial Contracting with Enforcement Externalities," 2015 Meeting Papers 1362, Society for Economic Dynamics.
    11. Carlo Galli & Marco Bassetto, 2016. "Is Inflation Default? The Role of Information in Debt Crises," 2016 Meeting Papers 308, Society for Economic Dynamics.
    12. Yin-Wong Cheung & Daniel Friedman, 2009. "Speculative Attacks: A Laboratory Study in Continuous Time," Working Papers 072009, Hong Kong Institute for Monetary Research.
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    3. Schlag, Karl H. & Vida, Péter, 2013. "Commitments, Intentions, Truth and Nash Equilibria," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 438, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    4. Siddiqi, Hammad, 2007. "Stock Price Manipulation: The Role of Intermediaries," MPRA Paper 6374, University Library of Munich, Germany.
    5. Olivier Gossner & Nicolas Melissas, 2004. "Informational Cascades Elicit Private Information," Game Theory and Information 0405007, University Library of Munich, Germany.
    6. Crettez, Bertrand & Deloche, Régis, 2013. "On experimental economics and the comparison between the last two versions of Molière's Tartuffe," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 66-72.
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    8. Maria Goltsman & Gregory Pavlov, 2012. "Communication in Cournot Oligopoly," University of Western Ontario, Departmental Research Report Series 20121, University of Western Ontario, Department of Economics.
    9. Brenton Kenkel, 2019. "The efficacy of cheap talk in collective action problems," Journal of Theoretical Politics, , vol. 31(3), pages 370-402, July.
    10. Ambrus, Attila & Lu, Shih En, 2014. "Almost fully revealing cheap talk with imperfectly informed senders," Games and Economic Behavior, Elsevier, vol. 88(C), pages 174-189.
    11. Winand Emons & Claude Denys Fluet, 2016. "Strategic Communication with Reporting Costs," CIRANO Working Papers 2016s-06, CIRANO.
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    18. Venkatesh, Raghul S, 2017. "Cheap Talk with Strategic Substitutability," CRETA Online Discussion Paper Series 31, Centre for Research in Economic Theory and its Applications CRETA.
    19. Robert J. Aumann & Sergiu Hart, 2002. "Long Cheap Talk," Discussion Paper Series dp284, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem, revised Nov 2002.
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    1. Sugaya, Takuo & Yamamoto, Yuichi, 2020. "Common learning and cooperation in repeated games," Theoretical Economics, Econometric Society, vol. 15(3), July.
    2. Christopher Phelan & Andrzej Skrzypacz, 2007. "Private Monitoring with Infinite Histories," NajEcon Working Paper Reviews 843644000000000079, www.najecon.org.
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    4. Kandori, Michihiro, 2002. "Introduction to Repeated Games with Private Monitoring," Journal of Economic Theory, Elsevier, vol. 102(1), pages 1-15, January.
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    6. Harold L. Cole & Narayana R. Kocherlakota, 2001. "Finite memory and imperfect monitoring," Staff Report 287, Federal Reserve Bank of Minneapolis.
    7. Barlo, Mehmet & Carmona, Guilherme & Sabourian, Hamid, 2009. "Repeated games with one-memory," Journal of Economic Theory, Elsevier, vol. 144(1), pages 312-336, January.
    8. Yasuyuki Miyahara & Tadashi Sekiguchi & Eiichi Miyagawa, 2007. "The Folk Theorem for Repeated Games with Observation Costs," 2007 Meeting Papers 751, Society for Economic Dynamics.
    9. Drew Fudenberg & David K Levine, 2004. "The Nash Threats Folk Theorem With Communication and Approximate Common Knowledge in Two Player Games," Levine's Working Paper Archive 618897000000000030, David K. Levine.
    10. Philippe Jehiel & Larry Samuelson, 2023. "The analogical foundations of cooperation," PSE-Ecole d'économie de Paris (Postprint) halshs-04331552, HAL.
    11. Aldy, Joseph Edgar, 2012. "Designing a Bretton Woods Institution to Address Climate Change," Scholarly Articles 8830777, Harvard Kennedy School of Government.
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    20. Lin William Cong & Zhiguo He, 2019. "Blockchain Disruption and Smart Contracts," The Review of Financial Studies, Society for Financial Studies, vol. 32(5), pages 1754-1797.
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    22. Fudenberg, Drew & Ishii, Yuhta & Kominers, Scott Duke, 2014. "Delayed-response strategies in repeated games with observation lags," Scholarly Articles 11880354, Harvard University Department of Economics.
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    26. V. Bhaskar & George J. Mailath & Stephen Morris, 2009. "A Foundation for Markov Equilibria in Infinite Horizon Perfect Information Games," PIER Working Paper Archive 09-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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    34. Olivier Gossner & Jöhannes Horner, 2006. "When is the individually rational payoff in a repeated game equal to the minmax payoff?," Discussion Papers 1440, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    35. Takuo Sugaya & Satoru Takahashi, 2011. "Coordination Failure in Repeated Games with Private Monitoring," Working Papers 1325, Princeton University, Department of Economics, Econometric Research Program..
    36. George Mailath & Wojciech Olszewski, 2008. "Folk theorems with Bounded Recall under(Almost) Perfect Monitoring," Discussion Papers 1462, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    37. Ashkenazi-Golan, Galit & Lehrer, Ehud, 2019. "What you get is what you see: Cooperation in repeated games with observable payoffs," Journal of Economic Theory, Elsevier, vol. 181(C), pages 197-237.
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    40. Michihiro Kandori, 2007. "Weakly Belief-Free Equilibria in Repeated Games with Private Monitoring," CIRJE F-Series CIRJE-F-491, CIRJE, Faculty of Economics, University of Tokyo.
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    44. George J. Mailath & : Wojciech Olszewski, 2008. "Folk Theorems with Bounded Recall under (Almost) Perfect Monitoring, Second Version," PIER Working Paper Archive 08-027, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 28 Jul 2008.
    45. Takuo Sugaya & Yuichi Yamamoto, 2019. "Common Learning and Cooperation in Repeated Games," PIER Working Paper Archive 19-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    46. Ichiro Obara, 2000. "Private Strategy and Efficiency: Repeated Partnership Games Revisited," Econometric Society World Congress 2000 Contributed Papers 1449, Econometric Society.
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    48. Barlo, Mehmet & Carmona, Guilherme & Sabourian, Hamid, 2016. "Bounded memory Folk Theorem," Journal of Economic Theory, Elsevier, vol. 163(C), pages 728-774.
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    51. Roman, Mihai Daniel, 2008. "Entreprises behavior in cooperative and punishment‘s repeated negotiations," MPRA Paper 37527, University Library of Munich, Germany, revised 05 Jan 2009.
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    54. Fong, Kyna & Sannikov, Yuliy, 2007. "Efficiency in a Repeated Prisoners' Dilemma with Imperfect Private Monitoring," Department of Economics, Working Paper Series qt8vz4q9tr, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    55. Ichiro Obara, 2004. "Efficiency in Repeated Games Revisited: The Role of Private Strategies (with M. Kandori)," UCLA Economics Online Papers 281, UCLA Department of Economics.
    56. McLean, Richard & Obara, Ichiro & Postlewaite, Andrew, 2014. "Robustness of public equilibria in repeated games with private monitoring," Journal of Economic Theory, Elsevier, vol. 153(C), pages 191-212.
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    66. Jeffrey C. Ely, 2000. "Correlated Equilibrium and Private Monitoring," Discussion Papers 1265, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    67. Matthew C. Stephenson, 2003. "“When the Devil Turns … ”: The Political Foundations of Independent Judicial Review," The Journal of Legal Studies, University of Chicago Press, vol. 32(1), pages 59-89, January.
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  96. Stephen Morris, 1999. "Political Correctness," Cowles Foundation Discussion Papers 1242, Cowles Foundation for Research in Economics, Yale University.

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    5. Mario Gilli & Elena Manzoni, 2019. "Populism, the Backlash against Ruling Politicians and the Possible Malfunctioning of Representative Democracy," Working Papers 417, University of Milano-Bicocca, Department of Economics, revised Aug 2019.
    6. Aleksei Smirnov & Egor Starkov, 2019. "Timing of predictions in dynamic cheap talk: experts vs. quacks," ECON - Working Papers 334, Department of Economics - University of Zurich.
    7. Michael Smart & Daniel M. Sturm, 2006. "Term Limits and Electoral Accountability," CEP Discussion Papers dp0770, Centre for Economic Performance, LSE.
    8. Liu, Yaozhou Franklin & Sanyal, Amal, 2010. "When second opinions hurt: a model of expert advice under career concerns," MPRA Paper 27176, University Library of Munich, Germany.
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    11. Prat, Andrea, 2004. "The wrong kind of transparency," LSE Research Online Documents on Economics 24712, London School of Economics and Political Science, LSE Library.
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    13. FU, Qiang & LI, Ming, 2010. "Policy Making with Reputation Concerns," Cahiers de recherche 09-2010, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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    Cited by:

    1. König, Philipp J. & Pothier, David, 2018. "Safe but fragile: Information acquisition, sponsor support and shadow bank runs," Discussion Papers 15/2018, Deutsche Bundesbank.
    2. Christian Hellwig, 2004. "Heterogeneous Information and the Benefits of Public Information Disclosures (October 2005)," UCLA Economics Online Papers 283, UCLA Department of Economics.
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    165. Annathurai, Anusha, 2019. "Corporate Governance Analysis on Risk Exposure and Performance of AIA Bhd," MPRA Paper 97259, University Library of Munich, Germany, revised 27 Nov 2019.
    166. Carlos Corona & Lin Nan & Gaoqing Zhang, 2019. "The Coordination Role of Stress Tests in Bank Risk‐Taking," Journal of Accounting Research, Wiley Blackwell, vol. 57(5), pages 1161-1200, December.
    167. Kosenko, Konstantin & Michelson, Noam, 2022. "It takes more than two to tango: Multiple bank lending, asset commonality and risk," Journal of Financial Stability, Elsevier, vol. 61(C).
    168. Oliver Boguth & Murray Carlson & Adlai Fisher & Mikhail Simutin, 2023. "The Term Structure of Equity Risk Premia: Levered Noise and New Estimates," Review of Finance, European Finance Association, vol. 27(4), pages 1155-1182.
    169. Christian Koziol, 2010. "Impact of Imperfect Information on the Optimal Exercise Strategy for Warrants," European Financial Management, European Financial Management Association, vol. 16(3), pages 374-399, June.
    170. Martin Geiger & Richard Hule, 2019. "Correlation and coordination risk," Annals of Finance, Springer, vol. 15(2), pages 155-177, June.
    171. Dudek, Jérémy, 2013. "Illiquidité, contagion et risque systémique," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/13236 edited by Le Fol, Gaëlle.
    172. Heidhues, Paul & Melissas, Nicolas, 2012. "Rational exuberance," European Economic Review, Elsevier, vol. 56(6), pages 1220-1240.
    173. Anna Zabai, 2014. "Managing Default Risk," BIS Working Papers 467, Bank for International Settlements.
    174. Goldstein, Itay & Pauzner, Ady, 2004. "Contagion of self-fulfilling financial crises due to diversification of investment portfolios," Journal of Economic Theory, Elsevier, vol. 119(1), pages 151-183, November.
    175. Dominik Grafenhofer & Wolfgang Kuhle, 2022. "Observing actions in global games," SN Business & Economics, Springer, vol. 2(12), pages 1-15, December.
    176. Hong Qu, 2013. "How Do Market Prices and Cheap Talk Affect Coordination?," Journal of Accounting Research, Wiley Blackwell, vol. 51(5), pages 1221-1260, December.
    177. José Jorge, 2016. "Sovereign Ratings and Investor Behavior," CEF.UP Working Papers 1601, Universidade do Porto, Faculdade de Economia do Porto.
    178. Martin Geiger & Richard Hule, 2016. "Correlation and coordination risk," Working Papers 2016-19, Faculty of Economics and Statistics, Universität Innsbruck.
    179. Prilmeier, Robert, 2017. "Why do loans contain covenants? Evidence from lending relationships," Journal of Financial Economics, Elsevier, vol. 123(3), pages 558-579.
    180. David P. Myatt, 2000. "The New Theory of Strategic Voting," Econometric Society World Congress 2000 Contributed Papers 1586, Econometric Society.
    181. Marcel Nutz, 2016. "A Mean Field Game of Optimal Stopping," Papers 1605.09112, arXiv.org, revised Nov 2017.
    182. Campos, Rolf, 2013. "Risk-Sharing and Crises. Global Games of Regime Change with Endogenous Wealth," IESE Research Papers D/1064, IESE Business School.
    183. Gaëtan Le Quang, 2019. "Mind the Conversion Risk: a Theoretical Assessment of Contingent Convertible Bonds," EconomiX Working Papers 2019-5, University of Paris Nanterre, EconomiX.
    184. Brancati, Emanuele & Macchiavelli, Marco, 2019. "The information sensitivity of debt in good and bad times," Journal of Financial Economics, Elsevier, vol. 133(1), pages 99-112.
    185. Sanjay Banerjee & Michael Maier, 2016. "Public Information Precision and Coordination Failure: An Experiment," Journal of Accounting Research, Wiley Blackwell, vol. 54(4), pages 941-986, September.
    186. Debdatta Saha & Prabal Roy Chowdhury, 2018. "Coordination and Private Information Revelation," Games, MDPI, vol. 9(3), pages 1-21, September.
    187. Jakub Steiner & Eugen Kovac, 2008. "Learning Options in Coordination Problems," 2008 Meeting Papers 848, Society for Economic Dynamics.
    188. Shingo Yamazaki, 2019. "Private provision of discrete public goods: the correlated cost case," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 52(3), pages 477-496, March.
    189. Ramon Marimon & Gaetano Gaballo, 2014. "Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies," 2014 Meeting Papers 1077, Society for Economic Dynamics.
    190. Akbas, Ferhat & Boehmer, Ekkehart & Jiang, Chao & Koch, Paul D., 2022. "Overnight returns, daytime reversals, and future stock returns," Journal of Financial Economics, Elsevier, vol. 145(3), pages 850-875.
    191. Frank Schmielewski, 2012. "Leveraging and risk taking within the German banking system: Evidence of the financial crisis in 2007 and 2008," Working Paper Series in Economics 229, University of Lüneburg, Institute of Economics.
    192. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2004. "Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change," NBER Working Papers 11017, National Bureau of Economic Research, Inc.
    193. Daniel Laskar, 2013. "Ambiguity, Pessimism, Optimism and Financial Crises in a Simple Global Game Model," Working Papers hal-00811923, HAL.
    194. Trebesch, Christoph, 2008. "Delays in Sovereign Debt Restructurings. Should we really blame the creditors?," Proceedings of the German Development Economics Conference, Zurich 2008 44, Verein für Socialpolitik, Research Committee Development Economics.
    195. Huang, Jiang-Chuan & Huang, Chin-Sheng & You, Chun-Fan, 2015. "Bank relationships and the likelihood of filing for reorganization," International Review of Economics & Finance, Elsevier, vol. 35(C), pages 278-291.
    196. Iachan, Felipe S. & Nenov, Plamen T., 2015. "Information quality and crises in regime-change games," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 739-768.
    197. Daniel Laskar, 2013. "Ambiguity, Pessimism, Optimism and Financial Crises in a Simple Global Game Model," PSE Working Papers hal-00811923, HAL.
    198. Linn, Scott C. & Stock, Duane R., 2005. "The impact of junior debt issuance on senior unsecured debt's risk premiums," Journal of Banking & Finance, Elsevier, vol. 29(6), pages 1585-1609, June.
    199. Martin Geiger & Richard Hule, 2017. "The role of correlation in two-asset games: Some experimental evidence," Working Papers 2017-19, Faculty of Economics and Statistics, Universität Innsbruck.
    200. Honda, Jun, 2011. "Noise-independent selection in global games and monotone potential maximizer: A symmetric 3×3 example," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 663-669.
    201. Giancarlo Marini & Giovanni Piersanti, 2012. "Models of Speculative Attacks and Crashes in International Capital Markets," CEIS Research Paper 245, Tor Vergata University, CEIS, revised 24 Jul 2012.
    202. Nam Kyu Kim, 2018. "Transparency and currency crises," Economics and Politics, Wiley Blackwell, vol. 30(3), pages 394-422, November.
    203. W. Brooke Elliott & Susan D. Krische & Mark E. Peecher, 2010. "Expected Mispricing: The Joint Influence of Accounting Transparency and Investor Base," Journal of Accounting Research, Wiley Blackwell, vol. 48(2), pages 343-381, May.
    204. Erhao Xie, 2018. "Inference in Games Without Nash Equilibrium: An Application to Restaurants, Competition in Opening Hours," Staff Working Papers 18-60, Bank of Canada.
    205. Manso, Gustavo, 2013. "Feedback effects of credit ratings," Journal of Financial Economics, Elsevier, vol. 109(2), pages 535-548.
    206. José Jorge & Joana Rocha, 2015. "A Primer On Global Games Applied To Macroeconomics And Finance," Journal of Economic Surveys, Wiley Blackwell, vol. 29(5), pages 869-886, December.
    207. Tomomi Miyazaki & Kazuki Onji, 2017. "The Sustainability of Japan's Government Debt: A Review," Discussion Papers 1716, Graduate School of Economics, Kobe University.
    208. Christian Hellwig, 2000. "Public Information, Private Information and the Multiplicity of Equilibrium in Co-ordination of Games," FMG Discussion Papers dp361, Financial Markets Group.
    209. Fabrice Collard & Michel Habib & Jean-Charles Rochet, 2015. "Sovereign Debt Sustainability In Advanced Economies," Journal of the European Economic Association, European Economic Association, vol. 13(3), pages 381-420, June.
    210. Gabriel Desgranges & Ms. Celine Rochon, 2014. "Optimal Maturity Structure of Sovereign Debt in Situation of Near Default," IMF Working Papers 2014/168, International Monetary Fund.
    211. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.
    212. Andrew Powell, 2013. "On sovereign ratings: observations and implications," BIS Papers chapters, in: Bank for International Settlements (ed.), Sovereign risk: a world without risk-free assets?, volume 72, pages 39-49, Bank for International Settlements.
    213. Stephen Morris & Hyun Song Shin, 2006. "Endogenous Public Signals and Coordination," Levine's Bibliography 122247000000001309, UCLA Department of Economics.
    214. Louis RAFFESTIN, 2021. "Uncertainty as a vector of financial contagion: how does it work, and how much does it matter?," LEO Working Papers / DR LEO 2881, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    215. Große Steffen, Christoph, 2015. "Uncertainty shocks and non-fundamental debt crises: An ambiguity approach," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112936, Verein für Socialpolitik / German Economic Association.
    216. Hiroto Sato, 2023. "Robust implementation in sequential information design under supermodular payoffs and objective," Review of Economic Design, Springer;Society for Economic Design, vol. 27(2), pages 269-285, June.
    217. Oh, Frederick Dongchuhl & Park, Junghum, 2023. "A large creditor in contagious liquidity crises," Journal of Banking & Finance, Elsevier, vol. 146(C).
    218. Goodhart, Charles, 2015. "The interest rate conditioning assumption," LSE Research Online Documents on Economics 24666, London School of Economics and Political Science, LSE Library.

  98. Stephen Morris & Skiadas Costis, 1999. "Rationalizable Trade," Cowles Foundation Discussion Papers 1211, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
    2. Chen, Yi-Chun & Xiong, Siyang, 2013. "The e-mail game phenomenon," Games and Economic Behavior, Elsevier, vol. 80(C), pages 147-156.
    3. Pierpaolo Battigalli & Marciano Siniscalchi, "undated". "Rationalizable Bidding in General First-Price Auctions," Working Papers 190, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    4. Luo, Xiao & Ma, Chenghu, 2003. ""Agreeing to disagree" type results: a decision-theoretic approach," Journal of Mathematical Economics, Elsevier, vol. 39(8), pages 849-861, November.
    5. P. Battigalli & M. Siniscalchi, 2002. "Rationalization and Incomplete Information," Princeton Economic Theory Working Papers 9817a118e65062903de7c3577, David K. Levine.
    6. Battigalli, Pierpaolo, 2003. "Rationalizability in infinite, dynamic games with incomplete information," Research in Economics, Elsevier, vol. 57(1), pages 1-38, March.
    7. Gizatulina, Alia & Hellman, Ziv, 2019. "No trade and yes trade theorems for heterogeneous priors," Journal of Economic Theory, Elsevier, vol. 182(C), pages 161-184.

  99. Franklin Allen & Stephen Morris, 1998. "Finance Applications of Game Theory," Cowles Foundation Discussion Papers 1195, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Simon Quinn & Tom Gole, 2014. "Committees and Status Quo Bias: Structural Evidence from a Randomized Field Experiment," Economics Series Working Papers 733, University of Oxford, Department of Economics.
    2. Nik Hadiyan Binti Nik Azman, 2023. "Game analysis between startup and banks," GATR Journals gjbssr631, Global Academy of Training and Research (GATR) Enterprise.
    3. Onur Bayar & Thomas J. Chemmanur & Mark H. Liu, 2015. "A Theory of Capital Structure, Price Impact, and Long-Run Stock Returns under Heterogeneous Beliefs," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 4(2), pages 258-320.
    4. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    5. Diana Larisa Țâmpu & Carmen Costea, 2012. "A Concerning View In The Liquidity Crisis Through The Game Theory," Romanian Economic Business Review, Romanian-American University, vol. 6(1), pages 175-184, May.
    6. Yorulmazer, Tanju, 2003. "Herd Behavior, Bank Runs and Information Disclosure," MPRA Paper 9513, University Library of Munich, Germany.

  100. Morris, Stephen & Shin, Hyun Song, 1998. "A Theory of the Onset of Currency Attacks," CEPR Discussion Papers 2025, C.E.P.R. Discussion Papers.

    Cited by:

    1. Flavio Toxvaerd & Chryssi Giannitsarou, 2004. "Recursive global games," Money Macro and Finance (MMF) Research Group Conference 2003 104, Money Macro and Finance Research Group.
    2. Femminis, Gianluca, 2007. "Currency Attacks With Multiple Equilibria And Imperfect Information: The Role Of Wage-Setters," Macroeconomic Dynamics, Cambridge University Press, vol. 11(1), pages 79-112, February.
    3. Tomasz Strzalecki, "undated". "Depth of Reasoning and Higher Order Beliefs," Working Paper 8334, Harvard University OpenScholar.
    4. Bernardo Guimaraes, 2008. "Vulnerability of Currency Pegs: Evidence from Brazil," CEP Discussion Papers dp0871, Centre for Economic Performance, LSE.
    5. Camille Cornand & Frank Heinemann, 2008. "Optimal Degree of Public Information Dissemination," Economic Journal, Royal Economic Society, vol. 118(528), pages 718-742, April.
    6. Fernando Broner & Fernando Guirao, "undated". "Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises," Working Papers 309, Barcelona School of Economics.
    7. Stephen Morris & Hyun Song Shin, 1999. "Coordination Risk and the Price of Debt," Cowles Foundation Discussion Papers 1241, Cowles Foundation for Research in Economics, Yale University.
    8. Flavio Toxvaerd, 2004. "Strategic Merger Waves: A Theory of Musical Chairs," Discussion Paper Series dp359, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    9. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    10. Christophe Chamley, 2002. "Dynamic Speculative Attacks," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-119, Boston University - Department of Economics.
    11. Mundaca, Gabriela, 2003. "Optimal bailout during currency and financial crises: A sequential game analysis," Memorandum 27/2002, Oslo University, Department of Economics.
    12. Christian Hellwig, 2004. "Dynamic Global Games of Regime Change: Learning, Multiplicity and Timing of Attacks (August 2006, with George-Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 279, UCLA Department of Economics.
    13. Guimaraes, Bernardo, 2007. "Currency Crisis Triggers: Sunspots or Thresholds?," CEPR Discussion Papers 6487, C.E.P.R. Discussion Papers.
    14. Mundaca,B.G. & Strand,J., 1999. "Speculative attacks in the exchange market with a band policy : a sequential game analysis," Memorandum 01/1999, Oslo University, Department of Economics.
    15. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2004. "Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change," NBER Working Papers 11017, National Bureau of Economic Research, Inc.

  101. Stephen Morris, 1998. "An Instrumental Theory of Political Correctness," Discussion Papers 1209, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Gilat Levy, 2000. "Strategic Consultation in the Presence of Career Concerns," STICERD - Theoretical Economics Paper Series 404, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    2. In-Uck Park, 2000. "Cheap Talk Reputation and Coordination of Differentiated Experts," Econometric Society World Congress 2000 Contributed Papers 1680, Econometric Society.

  102. Sandeep Baliga & Stephen Morris, 1998. "Cheap Talk and Co-ordination with Payoff Uncertainty," Cowles Foundation Discussion Papers 1203, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Baliga, Sandeep & Morris, Stephen, 2002. "Co-ordination, Spillovers, and Cheap Talk," Journal of Economic Theory, Elsevier, vol. 105(2), pages 450-468, August.
    2. Albert Banal-Estañol & Jo Seldeslachts, 2005. "Merger Failures," CIG Working Papers SP II 2005-09, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).

  103. Atsushi Kajii & Stephen Morris, 1997. "Refinements and Social Order Beliefs: A Unified Survey," Discussion Papers 1197, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Stephen Morris & Takashi Ui, 2003. "Generalized Potentials and Robust Sets of Equilibria," Cowles Foundation Discussion Papers 1394, Cowles Foundation for Research in Economics, Yale University.
    2. Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2009. "Uniform Topologies on Types," Cowles Foundation Discussion Papers 1734, Cowles Foundation for Research in Economics, Yale University.
    3. Fabrizio Germano, 2003. "On some geometry and equivalence classes of normal form games," Economics Working Papers 669, Department of Economics and Business, Universitat Pompeu Fabra.
    4. Tercieux, Olivier, 2006. "p-Best response set and the robustness of equilibria to incomplete information," Games and Economic Behavior, Elsevier, vol. 56(2), pages 371-384, August.
    5. UNO, Hiroshi, 2011. "Nested potentials and robust equilibria," LIDAM Discussion Papers CORE 2011009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

  104. Atsushi Kajii & Stephen Morris, 1997. "Payoff Continuity in Incomplete Information Games," Discussion Papers 1193R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Barbie, Martin & Gupta, Abhishek, 2014. "The topology of information on the space of probability measures over Polish spaces," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 98-111.
    2. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Topologies on Types," Harvard Institute of Economic Research Working Papers 2093, Harvard - Institute of Economic Research.
    3. Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2009. "Uniform Topologies on Types," Cowles Foundation Discussion Papers 1734, Cowles Foundation for Research in Economics, Yale University.
    4. Einy, Ezra & Haimanko, Ori & Moreno, Diego & Shitovitz, Benyamin, 2004. "Uniform continuity of the value of zero-sum games with differential information," UC3M Working papers. Economics we041603, Universidad Carlos III de Madrid. Departamento de Economía.
    5. Kets, W., 2007. "Beliefs in Network Games (Replaced by CentER DP 2008-05)," Other publications TiSEM 1c11352b-a9fb-4e2f-9bb0-d, Tilburg University, School of Economics and Management.
    6. Muhamet Yildiz & Jonathan Weinsten, 2004. "Impact of higher-order uncertainty," Econometric Society 2004 North American Winter Meetings 157, Econometric Society.
    7. Atsushi Kajii & Stephen Morris, "undated". "The Robustness of Equilibria to Incomplete Information," Penn CARESS Working Papers ed504c985fc375cbe719b3f60, Penn Economics Department.
    8. Kets, W., 2008. "Beliefs in Network Games (Revised version of CentER DP 2007-46)," Discussion Paper 2008-5, Tilburg University, Center for Economic Research.
    9. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    10. Jonathan Weinstein & Muhamet Yildiz, 2004. "Finite-Order Implications of Any Equilibrium," Levine's Working Paper Archive 122247000000000065, David K. Levine.
    11. Timothy Van Zandt & Kaifu Zhang, 2011. "A theorem of the maximin and applications to Bayesian zero-sum games," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(2), pages 289-308, May.
    12. Roman Kozhan, 2011. "Non-additive anonymous games," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(2), pages 215-230, May.
    13. Takashi Kunimoto, 2006. "The Robustness Of Equilibrium Analysis: The Case Of Undominated Nash Equilibrium," Departmental Working Papers 2006-26, McGill University, Department of Economics.
    14. Kets, Willemien, 2010. "Robustness of Equilibria in Anonymous Local Games," SocArXiv rk6vs, Center for Open Science.
    15. Kets, W., 2008. "Networks and learning in game theory," Other publications TiSEM 7713fce1-3131-498c-8c6f-3, Tilburg University, School of Economics and Management.
    16. Rothschild, Casey G., 2005. "Payoff continuity in incomplete information games: a comment," Journal of Economic Theory, Elsevier, vol. 120(2), pages 270-274, February.
    17. Kajii, Atsushi & Morris, Stephen, 1998. "Payoff Continuity in Incomplete Information Games," Journal of Economic Theory, Elsevier, vol. 82(1), pages 267-276, September.
    18. Atsushi Kajii & Stephen Morris, 2020. "Refinements and higher-order beliefs: a unified survey," The Japanese Economic Review, Springer, vol. 71(1), pages 7-34, January.
    19. Kets, W., 2007. "Convergence of Beliefs in Bayesian Network Games," Discussion Paper 2007-98, Tilburg University, Center for Economic Research.
    20. Jackson, Matthew O. & Rodriguez-Barraquer, Tomas & Tan, Xu, 2012. "Epsilon-equilibria of perturbed games," Games and Economic Behavior, Elsevier, vol. 75(1), pages 198-216.
    21. Ezra Einy & Ori Haimanko & Biligbaatar Tumendemberel, 2009. "Continuity of the value and optimal strategies when common priors change," Working Papers 0905, Ben-Gurion University of the Negev, Department of Economics.
    22. Ori Haimanko & Atsushi Kajii, 2012. "Approximate Robustness Of Equilibrium To Incomplete Information," Working Papers 1209, Ben-Gurion University of the Negev, Department of Economics.
    23. Hellwig, Christian, 2002. "Public Information, Private Information, and the Multiplicity of Equilibria in Coordination Games," Journal of Economic Theory, Elsevier, vol. 107(2), pages 191-222, December.
    24. Krasa, Stefan & Shafer, Wayne, 2001. "Informational Robustness of Competitive Equilibria," Journal of Economic Theory, Elsevier, vol. 101(2), pages 494-518, December.

  105. Morris, Stephen & Shin, Hyun Song, 1997. "Unique Equilibrium in a Model of Self-fulfilling Currency Attacks," CEPR Discussion Papers 1687, C.E.P.R. Discussion Papers.

    Cited by:

    1. Simon Quinn & Tom Gole, 2014. "Committees and Status Quo Bias: Structural Evidence from a Randomized Field Experiment," Economics Series Working Papers 733, University of Oxford, Department of Economics.
    2. Itzhak Gilboa & David Schmeidler, 2002. "Inductive Inference: An Axiomatic Approach," NajEcon Working Paper Reviews 391749000000000544, www.najecon.org.
    3. Cavallo, Eduardo A. & Velasco, Andrés, 2006. "Quid pro Quo: National Institutions and Sudden Stops in International Capital Movements," IDB Publications (Working Papers) 1581, Inter-American Development Bank.
    4. Manuela Goretti, 2005. "The Brazilian Currency Turmoil of 2002: A Nonlinear Analysis," International Finance 0506001, University Library of Munich, Germany.
    5. Frankel, David M., 2012. "Recurrent crises in global games," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 309-321.
    6. Radu Vranceanu & Damien Besancenot & Delphine Dubart, 2014. "Can Rumors and Other Uninformative Messages Cause Illiquidity ?," CEPN Working Papers hal-00841167, HAL.
    7. Timmermann, Allan & Wermers, Russ, 2014. "Runs on Money Market Funds," CEPR Discussion Papers 9906, C.E.P.R. Discussion Papers.
    8. Christian Hellwig, 2004. "Heterogeneous Information and the Benefits of Public Information Disclosures (October 2005)," UCLA Economics Online Papers 283, UCLA Department of Economics.
    9. Laura Veldkamp, 2004. "Information Markets and the Comovement of Asset Prices," 2004 Meeting Papers 539, Society for Economic Dynamics.
    10. Emine Boz, 2006. "Can Miracles Lead to Crises? An Informational Frictions Explanation of Emerging Markets Crises," Computing in Economics and Finance 2006 19, Society for Computational Economics.
    11. Rosemarie Nagel & Antonio Cabrales & Roc Armenter, 2002. "Equilibrium selection through incomplete information in coordination games: An experimental study," Economics Working Papers 601, Department of Economics and Business, Universitat Pompeu Fabra.
    12. Michele Berardi, 2011. "Strategic interactions, incomplete information and learning," Centre for Growth and Business Cycle Research Discussion Paper Series 157, Economics, The University of Manchester.
    13. Marco Bassetto, 2002. "Equilibrium and government commitment," Working Papers 624, Federal Reserve Bank of Minneapolis.
    14. Goldstein, Itay & Razin, Assaf, 2015. "Three Branches of Theories of Financial Crises," Foundations and Trends(R) in Finance, now publishers, vol. 10(2), pages 113-180, 30.
    15. Bannier, Christina E., 2003. "Privacy or Publicity - Who Drives the Wheel?," CFS Working Paper Series 2003/29, Center for Financial Studies (CFS).
    16. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
    17. Frankel, David M., 2010. "Shocks and Crises in the Long Run," Staff General Research Papers Archive 31687, Iowa State University, Department of Economics.
    18. Eugen Kovac & Jakub Steiner, 2008. "Reversibility in Dynamic Coordination Problems," Edinburgh School of Economics Discussion Paper Series 183, Edinburgh School of Economics, University of Edinburgh.
    19. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    20. Hitoshi Matsushima & Shunya Noda, 2020. "Mechanism Design with Blockchain Enforcement," KIER Working Papers 1027, Kyoto University, Institute of Economic Research.
    21. Karp, Larry S. & Lee, In Ho & Mason, Robin, 2003. "A Global Game with Strategic Substitutes and Complements," CUDARE Working Papers 25014, University of California, Berkeley, Department of Agricultural and Resource Economics.
    22. Alejandro Gaytan & Romain Rancière, 2001. "Banks, liquidity crises and economic growth," Economics Working Papers 853, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2003.
    23. Konrad, Kai A. & Stolper, Tim, 2015. "Coordination and the fight against tax havens," CEPR Discussion Papers 10519, C.E.P.R. Discussion Papers.
    24. V. Bhaskar & Caroline Thomas, 2019. "The Culture of Overconfidence," American Economic Review: Insights, American Economic Association, vol. 1(1), pages 95-110, June.
    25. Christopher Blattman, 2009. "Civil War: A Review of Fifty Years of Research," Working Papers id:2231, eSocialSciences.
    26. Takashi Ui, 2023. "Strategic Ambiguity in Global Games," Papers 2303.12263, arXiv.org, revised Mar 2023.
    27. Itay Goldstein, 2005. "Strategic Complementarities and the Twin Crises," Economic Journal, Royal Economic Society, vol. 115(503), pages 368-390, April.
    28. María Victoria Anauati & Brian Feld & Sebastian Galiani & Gustavo Torrens, 2015. "Collective Action: Experimental Evidence," NBER Working Papers 20936, National Bureau of Economic Research, Inc.
    29. Christina E. Bannier & Frank Heinemann, 2005. "Optimal Transparency and Risk-Taking to Avoid Currency Crises," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(3), pages 374-391, September.
    30. Sharun Mukand, 1999. "Globalization and the "Confidence Game"," Discussion Papers Series, Department of Economics, Tufts University 9924, Department of Economics, Tufts University.
    31. Badics, Judit & Gömöri, András, 2004. "Információ és tudás [Information and knowledge]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 127-138.
    32. Jakub Steiner & Laurent Mathevet, 2012. "Sand in the Wheels: A Dynamic Global-Game Approach," 2012 Meeting Papers 123, Society for Economic Dynamics.
    33. Prasanna Gai & Simon Hayes & Hyun Song Shin, 2001. "Crisis costs and debtor discipline: the efficacy of public policy in sovereign debt crises," Bank of England working papers 136, Bank of England.
    34. Berthold Herrendorf & Akos Valentinyi, "undated". "On the Stability of the Two-Sector Neoclassical Growth Model with Externalities," Working Papers 2167721, Department of Economics, W. P. Carey School of Business, Arizona State University.
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    649. Leblang, David & Satyanath, Shanker, 2006. "Institutions, Expectations, and Currency Crises," International Organization, Cambridge University Press, vol. 60(1), pages 245-262, January.
    650. Bruno, Randolph Luca, 2019. "Tax enforcement, tax compliance and tax morale in transition economies: A theoretical model," European Journal of Political Economy, Elsevier, vol. 56(C), pages 193-211.
    651. Brav, Alon & Dasgupta, Amil & Mathews, Richmond, 2015. "Wolf pack activism," LSE Research Online Documents on Economics 119008, London School of Economics and Political Science, LSE Library.
    652. Della Posta, Pompeo, 2018. "A model of currency crises with heterogeneous market beliefs," The North American Journal of Economics and Finance, Elsevier, vol. 45(C), pages 182-195.
    653. Jeremy Bertomeu & Edwige Cheynel, 2015. "Asset Measurement in Imperfect Credit Markets," Journal of Accounting Research, Wiley Blackwell, vol. 53(5), pages 965-984, December.
    654. Hattori, Masazumi, 2004. "A theory of sovereign debt roll-over crisis," LSE Research Online Documents on Economics 24700, London School of Economics and Political Science, LSE Library.
    655. Louis RAFFESTIN, 2021. "Uncertainty as a vector of financial contagion: how does it work, and how much does it matter?," LEO Working Papers / DR LEO 2881, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    656. Christian Hellwig, 2005. "Knowing What Others Know: Coordination Motives in Information Acquisition (March 2007, with Laura Veldkamp)," UCLA Economics Online Papers 369, UCLA Department of Economics.
    657. Christopher J. Ellis & John Fender, 2008. "Democratic Errors," University of Oregon Economics Department Working Papers 2008-2, University of Oregon Economics Department.
    658. B. Gabriela Mundaca, 2002. "Moral Hazard Effects of Bailing out under Asymmetric Information," CESifo Working Paper Series 789, CESifo.
    659. Xuewen Liu, 2015. "Short-Selling Attacks and Creditor Runs," Management Science, INFORMS, vol. 61(4), pages 814-830, April.
    660. Sahuguet, Nicolas, 2011. "A model of repeat advertising," Economics Letters, Elsevier, vol. 111(1), pages 20-22, April.
    661. Masson, Paul, 1999. "Contagion:: macroeconomic models with multiple equilibria," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 587-602, August.
    662. Oh, Frederick Dongchuhl & Park, Junghum, 2023. "A large creditor in contagious liquidity crises," Journal of Banking & Finance, Elsevier, vol. 146(C).
    663. Goodhart, Charles, 2015. "The interest rate conditioning assumption," LSE Research Online Documents on Economics 24666, London School of Economics and Political Science, LSE Library.
    664. Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).
    665. Cabrales, Antonio & Drouvelis, Michalis & Gurguc, Zeynep & Ray, Indrajit, 2018. "Do we need to listen to all stakeholders?: communicating in a coordination game with private information," Cardiff Economics Working Papers E2018/23, Cardiff University, Cardiff Business School, Economics Section.
    666. Isabel Schnabel & Hyun Song Shin, 2018. "Money and trust: lessons from the 1620s for money in the digital age," BIS Working Papers 698, Bank for International Settlements.
    667. Sergio Masciantonio, 2005. "The Role of Preference Structure and Moral Hazard in a Multiple Equilibria. Model of Financial Crises," Rivista di Politica Economica, SIPI Spa, vol. 95(6), pages 135-165, November-.
    668. Franklin Allen & Ana Babus & Elena Carletti, 2009. "Financial Crises: Theory and Evidence," Annual Review of Financial Economics, Annual Reviews, vol. 1(1), pages 97-116, November.
    669. Mariassunta Giannetti, 2004. "Old and Modern Currency Crises: Short-Term Liabilities, Speculative Attacks and Business Cycles," Econometric Society 2004 North American Summer Meetings 133, Econometric Society.
    670. Ettore Panetti & Filomena Garcia, 2017. "A Theory of Government Bailouts in a Heterogeneous Banking System," Working Papers w201716, Banco de Portugal, Economics and Research Department.
    671. Etro, Federico, 2017. "Research in economics and game theory. A 70th anniversary," Research in Economics, Elsevier, vol. 71(1), pages 1-7.
    672. Diamond Douglas W., 2019. "Institutions, Games and Economic Theory : Comments on the Guidance of an Enterprise Economy by Martin Shubik and Eric Smith, MIT Press 2016," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 9(3), pages 1-6, December.

  106. Stephen D. Morris & Hyun Song Shin, 1995. "Informational events that trigger currency attacks," Working Papers 95-24, Federal Reserve Bank of Philadelphia.

    Cited by:

    1. AsIcI, Ahmet AtIl, 2011. "Exchange rate regime choice and currency crises," Economic Systems, Elsevier, vol. 35(3), pages 419-436, September.
    2. Guillermo A. Calvo & Enrique G. Mendoza, 2000. "Contagion, Globalization, and the Volatility of Capital Flows," NBER Chapters, in: Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, pages 15-41, National Bureau of Economic Research, Inc.
    3. Maurice Obstfeld, 1999. "Open-Economy Macroeconomics, Developments in Theory and Policy," NBER Working Papers 6319, National Bureau of Economic Research, Inc.
    4. Bernardino Adao & Ted Temzelides, 1998. "Sequential Equilibrium and Competition in a Diamond-Dybvig Banking Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(4), pages 859-877, October.
    5. Bernardino Adão & Ted Temzelides, 1995. "Beliefs, competition, and bank runs," Working Papers 95-26, Federal Reserve Bank of Philadelphia.
    6. Alejandro Reynoso, 2002. "On the Effects of Regulation-Induced Forex Market Segmentation in Small Open Economies," Working Papers 0204, Centro de Investigacion Economica, ITAM.
    7. Allsopp, Louise, 2002. "Common knowledge and the value of defending a fixed exchange rate--an explanation of a currency crisis," Journal of Macroeconomics, Elsevier, vol. 24(1), pages 67-79, March.
    8. Patrick Artus, 2003. "Local Currency or Foreign Currency Debt?," Revue économique, Presses de Sciences-Po, vol. 54(5), pages 1013-1031.
    9. Jesús Crespo Cuaresma & Tomáš Slacík, 2008. "Determinants of Currency Crises: A Conflict of Generations?," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 126-141.

  107. Feltenstein, Andrew & Morris, Stephen, 1988. "Fiscal stabilization and exchange rate instability," Policy Research Working Paper Series 74, The World Bank.

    Cited by:

    1. Feltenstein, Andrew & Shah, Anwar, 1991. "Tax policy options to promote private capital formation in Pakistan," Policy Research Working Paper Series 698, The World Bank.
    2. Willem H. Buiter, 1988. "Can Public Spending Cuts be Inflationary?," NBER Working Papers 2528, National Bureau of Economic Research, Inc.
    3. Feltenstein, Andrew & Shah, Anwar, 1992. "General equilibrium effects of investment incentives in Mexico," Policy Research Working Paper Series 927, The World Bank.
    4. Benjamin, Nancy, 1996. "Adjustment and income distribution in an agricultural economy: A general equilibrium analysis of Cameroon," World Development, Elsevier, vol. 24(6), pages 1003-1013, June.
    5. Shah, Anwar, 1988. "Public infrastructure and private sector profitability and productivity in Mexico," Policy Research Working Paper Series 100, The World Bank.

  108. Stephen Morris, "undated". "Justifying Rational Expectations," Penn CARESS Working Papers 9c26245814018c6e9fadb3767, Penn Economics Department.

    Cited by:

    1. Elchanan Ben-Porath, 2007. "Trade with Heterogeneous Beliefs," Discussion Paper Series dp462, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    2. Ayan Bhattacharya, 2022. "Arbitrage from a Bayesian's Perspective," Papers 2211.03244, arXiv.org.
    3. Jayasri Dutta & Stephen Morris, "undated". ""The Revelation of Information and Self-Fulfilling Beliefs''," CARESS Working Papres 95-03, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    4. Elchanan Ben-Porath & Aviad Heifetz, 2006. "Rationalizable Expectations," Discussion Paper Series dp461, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    5. Gabriel Desgranges, 2000. "CK-Equilibria and Informational Efficiency in a Competitive Economy," Econometric Society World Congress 2000 Contributed Papers 1296, Econometric Society.
    6. Elchanan Ben-Porath & Aviad Heifetz, 2007. "Rationalizable Expectations," Levine's Bibliography 122247000000001499, UCLA Department of Economics.
    7. Elchanan Ben-Porath, 2007. "Trade with Heterogeneous Beliefs," Levine's Bibliography 122247000000001494, UCLA Department of Economics.

  109. Stephen Morris & Hyun Song Shin, "undated". "Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory," Penn CARESS Working Papers 72042421d029130510780dde2, Penn Economics Department.

    Cited by:

    1. Boris Salazar & María del Pilar Castillo, 2003. "Rationality, preferences and irregular war," Colombian Economic Journal, Universidad Nacional de Colombia, FCE, CID, April.
      • Boris Salazar & Maria del Pilar Castillo, 2003. "Rationality, preferences and irregular war," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 1(1), pages 15-33, December.
    2. Stephen Morris & Hyun Song Shin, 2000. "Rethinking Multiple Equilibria in Macroeconomic Modelling," Cowles Foundation Discussion Papers 1260, Cowles Foundation for Research in Economics, Yale University.
    3. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    4. Roy Chen & Yan Chen & Yohanes E. Riyanto, 2021. "Best practices in replication: a case study of common information in coordination games," Experimental Economics, Springer;Economic Science Association, vol. 24(1), pages 2-30, March.
    5. K.J.M. De Jaegher, 2015. "Beneficial Long Communication in the Multi-Player Electronic Mail Game," Working Papers 15-09, Utrecht School of Economics.
    6. Oludamola Durodola & Deepika Chotee, 2019. "Cannabis Stock Behavior and Investor’s Expectations on the TSX: A Mixed Method Approach," Proceedings of the 14th International RAIS Conference, August 19-20, 2019 018OD, Research Association for Interdisciplinary Studies.
    7. Philippe Jehiel & Frederic Koessler, 2005. "Revisiting Games of Incomplete Information with Analogy-Based Expectations," THEMA Working Papers 2005-04, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    8. Stephen Morris & Hyun Song Shin, 1998. "A Theory of the Onset of Currency Attacks," Cowles Foundation Discussion Papers 1204, Cowles Foundation for Research in Economics, Yale University.
    9. Stephen Morris & Hyun Song Shin, 1999. "Coordination Risk and the Price of Debt," Cowles Foundation Discussion Papers 1241, Cowles Foundation for Research in Economics, Yale University.
    10. Frederic Koessler, 2000. "Common Knowledge and Consensus with Noisy Communication," Econometric Society World Congress 2000 Contributed Papers 0887, Econometric Society.
    11. Stefan Pitschner & Kristoffer Nimark, 2015. "State-Dependent Media Focus: Measurement and Economic Implications," 2015 Meeting Papers 1030, Society for Economic Dynamics.
    12. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    13. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
    14. Krahnen, Jan-Pieter & Brunner, Antje, 2004. "Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring," CEPR Discussion Papers 4287, C.E.P.R. Discussion Papers.
    15. K. de Jaegher, 2007. "Efficient communication in the electronic mail game," Working Papers 07-11, Utrecht School of Economics.
    16. Pagratis, Spyros, 2004. "Co-ordination failure and the role of banks in the resolution of financial distress," LSE Research Online Documents on Economics 24939, London School of Economics and Political Science, LSE Library.
    17. Yannai A. Gonczarowski & Yoram Moses, 2023. "Common Knowledge, Regained," Papers 2311.04374, arXiv.org, revised Apr 2024.
    18. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    19. Uwe Dulleck, 2007. "The E-Mail Game Revisited — Modeling Rough Inductive Reasoning," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 323-339.
    20. Volz, Ulrich, 2005. "Pegs, Baskets, and the Importance of Policy Credibility: Lessons of the 1992-92 ERM Crisis," Discussion Paper Series 26238, Hamburg Institute of International Economics.

  110. Stephen Morris, "undated". "Speculative Investor Behavior and Learning," Penn CARESS Working Papers d12f7936881423171f6589501, Penn Economics Department.

    Cited by:

    1. Jarrow, Robert & Lamichhane, Sujan, 2022. "Risk premia, asset price bubbles, and monetary policy," Journal of Financial Stability, Elsevier, vol. 60(C).
    2. Fernando Chague & Bruno Giovannetti & Bernardo Guimaraes, 2021. "The Contrarian Put," Discussion Papers 2106, Centre for Macroeconomics (CFM).
    3. Marco Ottaviani & Peter Norman Sørensen, 2015. "Price Reaction to Information with Heterogeneous Beliefs and Wealth Effects: Underreaction, Momentum, and Reversal," American Economic Review, American Economic Association, vol. 105(1), pages 1-34, January.
    4. Recep Bildik & Mustafa K. Yilmaz, 2008. "The Market Performance of Initial Public Offerings in the Istanbul Stock Exchange," Journal of BRSA Banking and Financial Markets, Banking Regulation and Supervision Agency, vol. 2(2), pages 49-76.
    5. Wei Xiong, 2013. "Bubbles, Crises, and Heterogeneous Beliefs," NBER Working Papers 18905, National Bureau of Economic Research, Inc.
    6. Harrison Hong & David A. Sraer, 2016. "Speculative Betas," Journal of Finance, American Finance Association, vol. 71(5), pages 2095-2144, October.
    7. Gordon Burt, 1997. "Cultural Convergence in Historical Cultural Space-Time," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(4), pages 291-305, December.
    8. Sujoy Mukerji & Han N. Ozsoylev & Jean‐Marc Tallon, 2023. "Trading Ambiguity: A Tale Of Two Heterogeneities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 1127-1164, August.
    9. Wei Xiong & Jialin Yu, 2009. "The Chinese Warrants Bubble," NBER Working Papers 15481, National Bureau of Economic Research, Inc.
    10. Wei Xiong & Hongjun Yan, 2010. "Heterogeneous Expectations and Bond Markets," The Review of Financial Studies, Society for Financial Studies, vol. 23(4), pages 1433-1466, April.
    11. Pietro Dindo, 2015. "Survival in Speculative Markets," LEM Papers Series 2015/32, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    12. Kondor, Péter & Köszegi, Botond, 2015. "Cursed financial innovation," Discussion Papers, Research Unit: Economics of Change SP II 2015-306, WZB Berlin Social Science Center.
    13. Jianping Mei & Jose A. Scheinkman & Wei Xiong, 2009. "Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia," CEMA Working Papers 504, China Economics and Management Academy, Central University of Finance and Economics.
    14. Vayanos, Dimitri & Rabin, Matthew & Eyster, Erik, 2015. "Financial Markets where Traders Neglect the Informational Content of Prices," CEPR Discussion Papers 10629, C.E.P.R. Discussion Papers.
    15. Andrew J. Leone & Steve Rock & Michael Willenborg, 2007. "Disclosure of Intended Use of Proceeds and Underpricing in Initial Public Offerings," Journal of Accounting Research, Wiley Blackwell, vol. 45(1), pages 111-153, March.
    16. Harrison Hong & Jeremy C. Stein & Jialin Yu, 2007. "Simple Forecasts and Paradigm Shifts," Journal of Finance, American Finance Association, vol. 62(3), pages 1207-1242, June.
    17. Marco Ottaviani & Peter Norman Sørensen, 2009. "Aggregation of Information and Beliefs: Asset Pricing Lessons from Prediction Markets," Discussion Papers 09-14, University of Copenhagen. Department of Economics.
    18. Maghyereh, Aktham & Abdoh, Hussein, 2020. "The tail dependence structure between investor sentiment and commodity markets," Resources Policy, Elsevier, vol. 68(C).
    19. Cristiana Cardi & Camilla Mazzoli & Sabrina Severini, 2019. "People have the power: post IPO effects of intellectual capital disclosure," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 43(2), pages 228-255, April.
    20. Liu, Clark & Wang, Shujing & Wei, K.C. John, 2021. "Demand shock, speculative beta, and asset prices: Evidence from the Shanghai-Hong Kong Stock Connect program," Journal of Banking & Finance, Elsevier, vol. 126(C).
    21. , & , & ,, 2016. "Fragility of asymptotic agreement under Bayesian learning," Theoretical Economics, Econometric Society, vol. 11(1), January.
    22. Guanming He, 2021. "Credit rating, post‐earnings‐announcement drift, and arbitrage from transient institutions," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(7-8), pages 1434-1467, July.
    23. Michael Kirchler & Caroline Bonn & Jürgen Huber & Michael Razen, 2014. "The "Inflow-Effect" - Trader Inflow and Bubble Formation in Asset Markets," Working Papers 2014-22, Faculty of Economics and Statistics, Universität Innsbruck.
    24. Gang Hu & J. Ginger Meng & Mark E. Potter, 2008. "Opinion Divergence Among Professional Investment Managers," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(5‐6), pages 679-703, June.
    25. Garlappi, Lorenzo & Giammarino, Ron & Lazrak, Ali, 2017. "Ambiguity and the corporation: Group disagreement and underinvestment," Journal of Financial Economics, Elsevier, vol. 125(3), pages 417-433.
    26. Pablo F Beker & Emilio Espino, 2007. "The Dynamics of Efficient Asset Trading with Heterogeneous Beliefs," Levine's Bibliography 122247000000001715, UCLA Department of Economics.
    27. Patrick Bolton & José Scheinkman & Wei Xiong, 2006. "Executive Compensation and Short-Termist Behaviour in Speculative Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(3), pages 577-610.
    28. Patrick Leoni, "undated". "When Are Market Crashes Driven by Speculation?," IEW - Working Papers 197, Institute for Empirical Research in Economics - University of Zurich.
    29. Chang, Eric C. & Cheng, Joseph W. & Pinegar, J. Michael & Yu, Yinghui, 2012. "Short-sale constraints: Reductions in costs of capital or overvaluation? Evidence from Hong Kong," Pacific-Basin Finance Journal, Elsevier, vol. 20(3), pages 506-520.
    30. Markus K. Brunnermeier & Martin Oehmke, 2012. "Bubbles, Financial Crises, and Systemic Risk," NBER Working Papers 18398, National Bureau of Economic Research, Inc.
    31. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal Two Stage Committee Voting Rules," Discussion Papers 04-23, Department of Economics, University of Birmingham, revised Mar 2007.
    32. Milo Bianchi & Philippe Jehiel, 2008. "Bubbles and crashes with partially sophisticated investors," PSE Working Papers halshs-00586045, HAL.
    33. Bayar, Onur & Chemmanur, Thomas J. & Liu, Mark H., 2011. "A theory of equity carve-outs and negative stub values under heterogeneous beliefs," Journal of Financial Economics, Elsevier, vol. 100(3), pages 616-638, June.
    34. Markus K. Brunnermeier & Alp Simsek & Wei Xiong, 2014. "A Welfare Criterion For Models With Distorted Beliefs," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(4), pages 1753-1797.
    35. Alvaro Sandroni, 1997. "Learning Rare Events," Discussion Papers 1199, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    36. Goetzmann, William & Massa, Massimo, 2004. "Dispersion of Opinion and Stock Returns," CEPR Discussion Papers 4819, C.E.P.R. Discussion Papers.
    37. Haruvy, E. & Noussair, C.N. & Powell, O.R., 2012. "The Impact of Asset Repurchases and Issues in an Experimental Market," Other publications TiSEM 8f1cf177-abfb-4cf3-8649-0, Tilburg University, School of Economics and Management.
    38. A. A. Brown & L. C. G. Rogers, 2009. "Heterogeneous Beliefs with Finite-Lived Agents," Papers 0907.4953, arXiv.org.
    39. Yen‐Cheng Chang & Pei‐Jie Hsiao & Alexander Ljungqvist & Kevin Tseng, 2022. "Testing Disagreement Models," Journal of Finance, American Finance Association, vol. 77(4), pages 2239-2285, August.
    40. Péter Kondor, 2005. "Rational Trader Risk," FMG Discussion Papers dp533, Financial Markets Group.
    41. Wen-Chung Guo & Frank Yong Wang & Ho-Mou Wu, 2009. "Financial Leverage and Market Volatility with Diverse Beliefs," Finance Working Papers 22887, East Asian Bureau of Economic Research.
    42. Fisher, Eric O'N., 2006. "The forward premium in a model with heterogeneous prior beliefs," Journal of International Money and Finance, Elsevier, vol. 25(1), pages 48-70, February.
    43. Bejan, Camelia & Bidian, Florin, 2010. "Limited enforcement, bubbles and trading in incomplete markets," MPRA Paper 36819, University Library of Munich, Germany, revised 20 Feb 2012.
    44. Johnson, Christopher, 2016. "Differences of Opinion, Liquidity, and Monetary Policy," MPRA Paper 70951, University Library of Munich, Germany.
    45. Kobayashi, Keiichiro, 2007. "Forbearance impedes confidence recovery," Journal of Macroeconomics, Elsevier, vol. 29(1), pages 178-188, March.
    46. Wai-yan Cheng & Yan-leung Cheung & Yuen-ching Tse, 2005. "The Impact on IPO Performance of More Stringent Listing Rules with a Pre-listing Earnings Requirement: Evidence from Hong Kong," Working Papers 172005, Hong Kong Institute for Monetary Research.
    47. Joseph Chen & Harrison Hong & Jeremy C. Stein, 2001. "Breadth of Ownership and Stock Returns," NBER Working Papers 8151, National Bureau of Economic Research, Inc.
    48. Sofiane Aboura, 2016. "Individual investors and stock returns," Journal of Asset Management, Palgrave Macmillan, vol. 17(7), pages 477-485, December.
    49. Cécile Carpentier & Douglas Cumming & Jean‐Marc Suret, 2012. "The Value of Capital Market Regulation: IPOs Versus Reverse Mergers," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 9(1), pages 56-91, March.
    50. Feng, Xunan & Johansson, Anders C., 2016. "Judging a Book by Its Cover: Analysts and Attention-Driven Price Patterns in China’s IPO Market," Stockholm School of Economics Asia Working Paper Series 2016-39, Stockholm School of Economics, Stockholm China Economic Research Institute.
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    53. Karl B. Diether & Christopher J. Malloy & Anna Scherbina, 2002. "Differences of Opinion and the Cross Section of Stock Returns," Journal of Finance, American Finance Association, vol. 57(5), pages 2113-2141, October.
    54. Ken Kasa & Todd Walker & Charles Whiteman, 2012. "Heterogenous Beliefs and Tests of Present Value Models," Discussion Papers dp12-06, Department of Economics, Simon Fraser University.
    55. Fortin, Nicole M. & Hill, Andrew J. & Huang, Jeff, 2013. "Superstition in the Housing Market," IZA Discussion Papers 7484, Institute of Labor Economics (IZA).
    56. Lim, Youngdeok & Kim, Hyungtae, 2019. "Market reaction to optimistic bias in the recommendations of chaebol-affiliated analysts," Journal of Contemporary Accounting and Economics, Elsevier, vol. 15(2), pages 224-242.
    57. Jianping Mei & Jose Scheinkman & Wei Xiong, 2005. "Speculative Trading and Stock Prices: An Analysis of Chinese A-B Share Premia," Levine's Bibliography 122247000000000867, UCLA Department of Economics.
    58. Kirchler, Michael & Bonn, Caroline & Huber, Jürgen & Razen, Michael, 2015. "The “inflow-effect”—Trader inflow and price efficiency," European Economic Review, Elsevier, vol. 77(C), pages 1-19.
    59. Tanseli Savaser & Elif Şişli-Ciamarra, 2017. "Managerial Performance Incentives and Firm Risk during Economic Expansions and Recessions," Review of Finance, European Finance Association, vol. 21(2), pages 911-944.
    60. Bernales, Alejandro & Reus, Lorenzo & Valdenegro, Víctor, 2022. "Speculative bubbles under supply constraints, background risk and investment fraud in the art market," Journal of Corporate Finance, Elsevier, vol. 77(C).
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    64. Daniel Andrei & Bruce I. Carlin, 2017. "Asset Pricing in the Quest for the New El Dorado," NBER Working Papers 23455, National Bureau of Economic Research, Inc.
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    66. Kristoffer Nimark, 2009. "Speculative dynamics in the term structure of interest rates," Economics Working Papers 1194, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2012.
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    2. Du, Songzi, 2008. "A Note on Intrinsic Correlation," MPRA Paper 12698, University Library of Munich, Germany, revised 12 Jan 2009.
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    4. Rosemarie Nagel & Antonio Cabrales & Roc Armenter, 2002. "Equilibrium selection through incomplete information in coordination games: An experimental study," Economics Working Papers 601, Department of Economics and Business, Universitat Pompeu Fabra.
    5. Rodrigo J. Harrison & Roberto Munoz, 2003. "Stability and Equilibrium Selection in a Link Formation Game," Game Theory and Information 0306004, University Library of Munich, Germany.
    6. Adam, Klaus, 2004. "Optimal Monetary Policy with Imperfect Common Knowledge," CEPR Discussion Papers 4594, C.E.P.R. Discussion Papers.
    7. Dirk Bergemann & Stephen Morris, 2016. "Belief-Free Rationalizability and Informational Robustness," Working Papers 086_2016, Princeton University, Department of Economics, Econometric Research Program..
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    14. Li, Fei & Song, Yangbo & Zhao, Mofei, 2023. "Global manipulation by local obfuscation," Journal of Economic Theory, Elsevier, vol. 207(C).
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    22. Honda, Jun, 2015. "Games with the Total Bandwagon Property," Department of Economics Working Paper Series 197, WU Vienna University of Economics and Business.
    23. Anne-Christine Barthel & Eric Hoffmann & Tarun Sabarwal, 2020. "Characterizing Robust Solutions to Monotone Games," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202012, University of Kansas, Department of Economics.
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    105. Schlag, Karl H. & Zapechelnyuk, Andriy, 2021. "Robust sequential search," Theoretical Economics, Econometric Society, vol. 16(4), November.
    106. Takashi Kunimoto, 2006. "The Robustness Of Equilibrium Analysis: The Case Of Undominated Nash Equilibrium," Departmental Working Papers 2006-26, McGill University, Department of Economics.
    107. Andrea Gallice, 2015. "Equilibrium selection through $$\mathbf {p}_{u}$$ p u -dominance," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(1), pages 53-64, April.
    108. Kunimoto, Takashi, 2020. "Robust virtual implementation with almost complete information," Mathematical Social Sciences, Elsevier, vol. 108(C), pages 62-73.
    109. Chi, Chang Koo, 2018. "An analysis of the two-bidder all-pay auction with common values," Discussion Paper Series in Economics 17/2018, Norwegian School of Economics, Department of Economics.
    110. Kets, Willemien, 2010. "Robustness of Equilibria in Anonymous Local Games," SocArXiv rk6vs, Center for Open Science.
    111. Guillaume Roels & Xuanming Su, 2014. "Optimal Design of Social Comparison Effects: Setting Reference Groups and Reference Points," Management Science, INFORMS, vol. 60(3), pages 606-627, March.
    112. Itai Arieli & Ronen Gradwohl & Rann Smorodinsky, 2023. "Informationally Robust Cheap-Talk," Papers 2302.00281, arXiv.org.
    113. J. Durieu & P. Solal & O. Tercieux, 2011. "Adaptive learning and p-best response sets," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(4), pages 735-747, November.
    114. Ross Cressman, 2009. "Continuously stable strategies, neighborhood superiority and two-player games with continuous strategy space," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(2), pages 221-247, June.
    115. Annie Liang, 2019. "Games of Incomplete Information Played By Statisticians," Papers 1910.07018, arXiv.org, revised Jul 2020.
    116. Annie Liang, 2016. "Games of Incomplete Information Played by Statisticians," PIER Working Paper Archive 16-028, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Jan 2016.
    117. Matsui, Akihiko & Oyama, Daisuke, 2006. "Rationalizable foresight dynamics," Games and Economic Behavior, Elsevier, vol. 56(2), pages 299-322, August.
    118. Kota Murayama, 2020. "Robust predictions under finite depth of reasoning," The Japanese Economic Review, Springer, vol. 71(1), pages 59-84, January.
    119. Michihiro Kandori & Takashi Ui, 2020. "Introduction to fundamental issues in game theory and market design," The Japanese Economic Review, Springer, vol. 71(1), pages 1-5, January.
    120. Stephen Morris & Hyun Song Shin, "undated". ""Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory''," CARESS Working Papres 96-07, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    121. Vincent Vannetelbosch & Olivier Tercieux, 2005. "A Characterization of Stochastically Stable Networks," Working Papers 2005.48, Fondazione Eni Enrico Mattei.
    122. Atanasios Mitropoulos, 2002. "An Experiment on the Value of Structural Information in a 2x2 Repeated Game," Game Theory and Information 0202002, University Library of Munich, Germany.
    123. He, Simin & Wu, Jiabin, 2018. "Compromise and Coordination: An Experimental Study," MPRA Paper 84713, University Library of Munich, Germany.
    124. Rodrigo Harrison, 2003. "Global Games with Strategic Substitutes," Working Papers gueconwpa~03-03-06, Georgetown University, Department of Economics.
    125. Lu, Shih En, 2017. "Coordination-free equilibria in cheap talk games," Journal of Economic Theory, Elsevier, vol. 168(C), pages 177-208.
    126. Mariann Ollar & Antonio Penta, 2019. "Implementation via Transfers with Identical but Unknown Distributions," Working Papers 1126, Barcelona School of Economics.
    127. Jung, Hanjoon Michael, 2018. "Receiver’s dilemma," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 116-124.
    128. Oury, Marion, 2013. "Noise-independent selection in multidimensional global games," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2638-2665.
    129. Staudigl, Mathias, 2011. "Potential games in volatile environments," Games and Economic Behavior, Elsevier, vol. 72(1), pages 271-287, May.
    130. Michela Chessa & Patrick Loiseau, 2017. "Enhancing Voluntary Contribution in a Public Goods Economy via a Minimum Individual Contribution Level," GREDEG Working Papers 2017-24, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Feb 2023.
    131. Olivier Tercieux, 2006. "p-Best response set," Post-Print halshs-00754120, HAL.
    132. Jun Honda, 2018. "Games with the total bandwagon property meet the Quint–Shubik conjecture," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 893-912, September.
    133. Takashi Ui & Stephen Morris, 2020. "Incomplete Information Robustness," Working Papers on Central Bank Communication 019, University of Tokyo, Graduate School of Economics.
    134. Ezra Einy & Ori Haimanko & David Lagziel, 2022. "Strong robustness to incomplete information and the uniqueness of a correlated equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(1), pages 91-119, February.
    135. Atsushi Kajii & Stephen Morris, 2020. "Refinements and higher-order beliefs: a unified survey," The Japanese Economic Review, Springer, vol. 71(1), pages 7-34, January.
    136. Oyama, Daisuke, 2002. "p-Dominance and Equilibrium Selection under Perfect Foresight Dynamics," Journal of Economic Theory, Elsevier, vol. 107(2), pages 288-310, December.
    137. Hoffmann, Eric & Sabarwal, Tarun, 2018. "Monotone Global Games," MPRA Paper 86943, University Library of Munich, Germany.
    138. Simon Weidenholzer, 2010. "Coordination Games and Local Interactions: A Survey of the Game Theoretic Literature," Games, MDPI, vol. 1(4), pages 1-35, November.
    139. Carmona, Guilherme, 2018. "On the generic robustness of solution concepts to incomplete information," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 13-18.
    140. Zhang, Boyu, 2016. "Quantal response methods for equilibrium selection in normal form games," Journal of Mathematical Economics, Elsevier, vol. 64(C), pages 113-123.
    141. Ezra Einy & Ori Haimanko & Biligbaatar Tumendemberel, 2009. "Continuity of the value and optimal strategies when common priors change," Working Papers 0905, Ben-Gurion University of the Negev, Department of Economics.
    142. Yi-Chun Chen & Richard Holden & Takashi Kunimoto & Yifei Sun & Tom Wilkening, 2023. "Getting Dynamic Implementation to Work," Journal of Political Economy, University of Chicago Press, vol. 131(2), pages 285-387.
    143. Denti, Tommaso, 2023. "Unrestricted information acquisition," Theoretical Economics, Econometric Society, vol. 18(3), July.
    144. Jeffrey C. Ely, 2001. "Rationalizabilty and Approximate Common-Knowledge," Discussion Papers 1324, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    145. Ori Haimanko & Atsushi Kajii, 2012. "Approximate Robustness Of Equilibrium To Incomplete Information," Working Papers 1209, Ben-Gurion University of the Negev, Department of Economics.
    146. Hellwig, Christian, 2002. "Public Information, Private Information, and the Multiplicity of Equilibria in Coordination Games," Journal of Economic Theory, Elsevier, vol. 107(2), pages 191-222, December.
    147. Cy Maor & Eilon Solan, 2014. "Cooperation under Incomplete Information on the Discount Factors," Papers 1411.1368, arXiv.org.
    148. Marion Oury, 2012. "Noise-Independent Selection in Multidimensional Global Games," THEMA Working Papers 2012-28, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    149. UNO, Hiroshi, 2011. "Nested potentials and robust equilibria," LIDAM Discussion Papers CORE 2011009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    150. Honda, Jun, 2011. "Noise-independent selection in global games and monotone potential maximizer: A symmetric 3×3 example," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 663-669.
    151. Jeremy Fox & Natalia Lazzati, 2013. "Identification of discrete choice models for bundles and binary games," CeMMAP working papers 04/13, Institute for Fiscal Studies.
    152. Krasa, Stefan & Shafer, Wayne, 2001. "Informational Robustness of Competitive Equilibria," Journal of Economic Theory, Elsevier, vol. 101(2), pages 494-518, December.
    153. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.
    154. Oyama, Daisuke & Takahashi, Satoru, 2015. "Contagion and uninvadability in local interaction games: The bilingual game and general supermodular games," Journal of Economic Theory, Elsevier, vol. 157(C), pages 100-127.
    155. Sandeep Baliga & Stephen Morris, 1998. "Cheap Talk and Co-ordination with Payoff Uncertainty," Cowles Foundation Discussion Papers 1203, Cowles Foundation for Research in Economics, Yale University.
    156. Pram, Kym, 2019. "On the equivalence of robustness to canonical and general elaborations," Journal of Economic Theory, Elsevier, vol. 180(C), pages 1-10.
    157. Xuewen Liu, 2015. "Short-Selling Attacks and Creditor Runs," Management Science, INFORMS, vol. 61(4), pages 814-830, April.
    158. Feldhaus, Christoph & Rockenbach, Bettina & Zeppenfeld, Christopher, 2020. "Inequality in minimum-effort coordination," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 341-370.

  112. Franklin Allen & Stephen Morris & Andrew Postlewaite, "undated". "Finite Bubbles with Short Sale Constraints and Asymmetric Information (Reprint 042)," Rodney L. White Center for Financial Research Working Papers 16-92, Wharton School Rodney L. White Center for Financial Research.

    Cited by:

    1. Joseph Chen & Harrison Hong & Jeremy C. Stein, 2000. "Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices," NBER Working Papers 7687, National Bureau of Economic Research, Inc.
    2. Earl A. Thompson & Jonathan Treussard & Charles R. Hickson, 2004. "Predicting Bubbles and Bubbles-Substitutes," UCLA Economics Working Papers 836, UCLA Department of Economics.
    3. John Conlon, 2005. "Should Central Banks Burst Bubbles?," Game Theory and Information 0508007, University Library of Munich, Germany.
    4. Yeongsuk Cho & Youngsik Kwak, 2018. "A Comparative Study on the Information Effect of Stock Lending and Borrowing and Short Selling between the Korea Stock Exchange and the New Stock Exchange," American Journal of Economics and Business Administration, Science Publications, vol. 10(1), pages 11-21, October.
    5. Dahai Yu, 1998. "Rational bubbles under diverse information," International Finance Discussion Papers 621, Board of Governors of the Federal Reserve System (U.S.).
    6. Franklin Allen & Stephen Morris & Hyun Song Shin, 2003. "Beauty Contests, Bubbles and Iterated Expectations in Asset Markets," NajEcon Working Paper Reviews 391749000000000553, www.najecon.org.
    7. Joseph Chen & Harrison Hong & Jeremy C. Stein, 2001. "Breadth of Ownership and Stock Returns," NBER Working Papers 8151, National Bureau of Economic Research, Inc.
    8. Franklin Allen & Douglas Gale, 2002. "Asset Price Bubbles and Stock Market Interlinkages," Center for Financial Institutions Working Papers 02-22, Wharton School Center for Financial Institutions, University of Pennsylvania.
    9. V. V. Chari & Patrick J. Kehoe, 2003. "Financial crises as herds: overturning the critiques," Staff Report 316, Federal Reserve Bank of Minneapolis.
    10. Amil Dasgupta & Andrea Prat, 2005. "Reputation and Asset Prices: A Theory of Information Cascades and Systematic Mispricing," Levine's Bibliography 784828000000000368, UCLA Department of Economics.
    11. Harrison Hong & Jose Scheinkman & Wei Xiong, 2005. "Asset Float and Speculative Bubbles," NBER Working Papers 11367, National Bureau of Economic Research, Inc.
    12. David M. Schizer & Michael R. Powers & Martin Shubik, 2003. "Market Bubbles and Wasteful Avoidance: Tax and Regulatory Constraints on Short Sales," Yale School of Management Working Papers ysm356, Yale School of Management.
    13. Harrison Hong & Jose Scheinkman & Wei Xiong, 2005. "Advisors and Asset Prices: A Model of the Origins of Bubbles," Levine's Bibliography 122247000000001003, UCLA Department of Economics.
    14. Franklin Allen & Douglas Gale, 1998. "Bubbles and Crises The Economic Journal," Center for Financial Institutions Working Papers 98-01, Wharton School Center for Financial Institutions, University of Pennsylvania.
    15. Harrison Hong & Jose Scheinkman & Wei Xiong, 2005. "Asset Float and Speculative Bubbles," Levine's Bibliography 122247000000000861, UCLA Department of Economics.
    16. Simon van Norden & Huntley Schaller & ), 1995. "Speculative Behaviour, Regime-Switching, and Stock Market Crashes," Econometrics 9502003, University Library of Munich, Germany.
    17. Franklin Allen, 1996. "The Future of the Japanese Financial System," Center for Financial Institutions Working Papers 96-56, Wharton School Center for Financial Institutions, University of Pennsylvania.
    18. Franklin Allen & Stephen Morris & Hyun Song Shin, 2003. "Beauty Contests, Bubbles and Iterated Expectations in Asset Markets Capital Adequacy Regulation: In Search of a Rationale," Center for Financial Institutions Working Papers 03-06, Wharton School Center for Financial Institutions, University of Pennsylvania.

  113. Stephen Morris, "undated". "Co-operation and Timing," Penn CARESS Working Papers b8d506ba7aa15345b602bb4eb, Penn Economics Department.

    Cited by:

    1. Morgan, John, 2004. "Clock Games: Theory and Experiments," Santa Cruz Department of Economics, Working Paper Series qt81m0r0jj, Department of Economics, UC Santa Cruz.
    2. Stephen Morris, 1997. "Interaction Games: A Unified Analysis of Incomplete Information, Local Interaction, and Random Matching," Research in Economics 97-08-072e, Santa Fe Institute.
    3. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    4. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
    5. Pasquale Scaramozzino & Nir Vulkan, 2003. "Uncertainty and Endogenous Selection of Economic Equilibria," CEIS Research Paper 5, Tor Vergata University, CEIS.
    6. Stephen Morris & Hyun Song Shin, "undated". ""Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory''," CARESS Working Papres 96-07, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    7. Mei Li & Frank Milne, 2007. "The Role Of Large Players In A Dynamic Currency Attack Game," Working Paper 1148, Economics Department, Queen's University.

  114. George J. Mailath & Stephen Morris, "undated". "Repeated Games with Imperfect Private Monitoring: Notes on a Coordination Perspective," Penn CARESS Working Papers 5d82f80bcea2483b6387c5b68, Penn Economics Department.

    Cited by:

    1. Ichiro Obara, "undated". "The Repeated Prisoner's Dilemma with Private Monitoring: a N-player case," CARESS Working Papres 99-13, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    2. van Damme, E.E.C. & Bhaskar, V., 1997. "Moral hazard and private monitoring," Other publications TiSEM fcc97407-becb-465c-9856-e, Tilburg University, School of Economics and Management.
    3. Jeffrey Ely, 2000. "A Robust Folk Theorem for the Prisoners' Dilemma," Econometric Society World Congress 2000 Contributed Papers 0210, Econometric Society.
    4. Bhaskar, V. & Obara, Ichiro, 2002. "Belief-Based Equilibria in the Repeated Prisoners' Dilemma with Private Monitoring," Journal of Economic Theory, Elsevier, vol. 102(1), pages 40-69, January.
    5. George J. Mailath & Larry Samuelson, "undated". "Your Reputation Is Who You're Not, Not Who You'd Like To Be," Penn CARESS Working Papers bb1b279d6539c9ed3b83a027c, Penn Economics Department.

  115. Stephen Morris, "undated". "Contagion," Penn CARESS Working Papers ab67d13cfae3b5b56b7b9df3b, Penn Economics Department.
    • Stephen Morrs, "undated". ""Contagion''," CARESS Working Papres 97-01, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.

    Cited by:

    1. Penelope Hernandez & Edson Manuel Muñoz Herrera & Angel Sanchez, 2011. "Heterogeneous Network Games: Conflicting Preferences," Discussion Papers in Economic Behaviour 0411, University of Valencia, ERI-CES.
    2. Lee In Ho & Szeidl Adam & Valentinyi Akos, 2003. "Contagion and State Dependent Mutations," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 3(1), pages 1-29, February.
    3. Duffy, John, 2006. "Agent-Based Models and Human Subject Experiments," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 19, pages 949-1011, Elsevier.
    4. Corbae, Dean & Duffy, John, 2008. "Experiments with network formation," Games and Economic Behavior, Elsevier, vol. 64(1), pages 81-120, September.
    5. Sandholm, William H., 2007. "Pigouvian pricing and stochastic evolutionary implementation," Journal of Economic Theory, Elsevier, vol. 132(1), pages 367-382, January.
    6. Martin Shubik & Thomas Quint, 2004. "On Local and Network Games," Yale School of Management Working Papers ysm361, Yale School of Management.
    7. Mary Burke & Gary Fournier, 2005. "The Emergence of Local Norms in Networks," Computing in Economics and Finance 2005 299, Society for Computational Economics.
    8. Teteryatnikova, Mariya, 2014. "Systemic risk in banking networks: Advantages of “tiered” banking systems," Journal of Economic Dynamics and Control, Elsevier, vol. 47(C), pages 186-210.
    9. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    10. Yannis Ioannides, 2001. "Topologies of Social Interactions," Discussion Papers Series, Department of Economics, Tufts University 0104, Department of Economics, Tufts University.
    11. Franklin Allen & Douglas Gale, 2003. "Financial Intermediaries and Markets," Center for Financial Institutions Working Papers 00-44, Wharton School Center for Financial Institutions, University of Pennsylvania.
    12. Allen wilhite, 2005. "PD Games on Networks," Computing in Economics and Finance 2005 20, Society for Computational Economics.
    13. Selman Erol & Rakesh Vohra, 2014. "Network Formation and Systemic Risk," PIER Working Paper Archive 14-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    14. Sebastian Edwards, 2001. "Does the Current Account Matter?," NBER Working Papers 8275, National Bureau of Economic Research, Inc.
    15. Michael Chwe, 2006. "Statistical Game Theory," Theory workshop papers 815595000000000004, UCLA Department of Economics.

  116. Stephen Morris, "undated". "Approximate Common Knowledge Revisited," Penn CARESS Working Papers 6be11f49fbded40b2a623aebf, Penn Economics Department.

    Cited by:

    1. Robin Hanson, 2003. "For Bayesian Wannabes, Are Disagreements Not About Information?," Theory and Decision, Springer, vol. 54(2), pages 105-123, March.
    2. Martin Cripps & Jeffrey Ely & George Mailath & Larry Samuelson, 2013. "Common learning with intertemporal dependence," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(1), pages 55-98, February.
    3. Martin W. Cripps & Jeffrey C. Ely & George J. Mailath & Larry Samuelson, 2006. "Common Learning," Levine's Bibliography 321307000000000355, UCLA Department of Economics.
    4. Stephen Morris & Hyun Song Shin, 2012. "Contagious Adverse Selection," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 1-21, January.
    5. Romeo Matthew Balanquit, 2016. "Common Belief Revisited," UP School of Economics Discussion Papers 201608, University of the Philippines School of Economics.
    6. Christian Schmidt, 2006. "Quelques points de rencontre entre économistes et psychologues," Revue économique, Presses de Sciences-Po, vol. 57(2), pages 242-257.
    7. Cy Maor & Eilon Solan, 2014. "Cooperation under Incomplete Information on the Discount Factors," Papers 1411.1368, arXiv.org.
    8. Wilson Perez, 2004. "Divide and Conquer: Noisy Communication in Networks, Power, and Wealth Distribution," Working Papers 2004.33, Fondazione Eni Enrico Mattei.

  117. Stephen Coate & Stephen Morris, "undated". "Policy Persistence," Penn CARESS Working Papers 8a66677895e9fcb3f6d813c0c, Penn Economics Department.

    Cited by:

    1. Matthias Doepke & Fabrizio Zilibotti, 2005. "The Macroeconomics of Child Labor Regulation," American Economic Review, American Economic Association, vol. 95(5), pages 1492-1524, December.
    2. Anders Gustafsson, 2019. "Busy doing nothing: why politicians implement inefficient policies," Constitutional Political Economy, Springer, vol. 30(3), pages 282-299, September.
    3. Ossama Mikhail & Curtis J. Eberwein & Jagdish Handa, 2003. "The Measurement of Persistence and Hysteresis in Aggregate Unemployment," Method and Hist of Econ Thought 0311002, University Library of Munich, Germany.
    4. Battaglini, Marco & Coate, Stephen, 2005. "Inefficiency in Legislative Policy-Making: A Dynamic Analysis," Papers 08-09-2005, Princeton University, Research Program in Political Economy.
    5. Toke Aidt & Francesco Magris, 2004. "Capital Taxation and Electoral Accountability," Documents de recherche 04-18, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    6. Nauro Campos & Francesco Giovannoni, 2007. "Lobbying, corruption and political influence," Public Choice, Springer, vol. 131(1), pages 1-21, April.
    7. Michel Berthélemy & Petyo Bonev & Damien Dussaux & Magnus Söderberg, 2018. "Methods for strengthening a weak instrument in the case of a persistent treatment," Post-Print hal-01829558, HAL.
    8. Fredriksson, Per G. & Svensson, Jakob, 2003. "Political instability, corruption and policy formation: the case of environmental policy," Journal of Public Economics, Elsevier, vol. 87(7-8), pages 1383-1405, August.
    9. Nauro F. Campos & Francesco Giovannoni, 2008. "Lobbying, Corruption and Other Banes," William Davidson Institute Working Papers Series wp930, William Davidson Institute at the University of Michigan.
    10. Ram Mudambi & Pietro Navarra & Andrew Delios, 2013. "Government regulation, corruption, and FDI," Asia Pacific Journal of Management, Springer, vol. 30(2), pages 487-511, June.
    11. Kiselev, Eugene, 2013. "Lobbying, Corruption, and Regulatory Constraints: An Analysis of Eastern European Business Associations," MPRA Paper 51936, University Library of Munich, Germany.
    12. J. Ignacio Conde-Ruiz & Vincenzo Galasso, "undated". "Early retirement," Working Papers 2003-03, FEDEA.
    13. Antonio Ciccone, 1998. "Resistance to reform: Reconsidering the role of individual-specific uncertainty," Economics Working Papers 537, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2001.
    14. Daron Acemoglu & James A. Robinson, 2006. "De Facto Political Power and Institutional Persistence," American Economic Review, American Economic Association, vol. 96(2), pages 325-330, May.
    15. Warren, Patrick L. & Wilkening, Tom S., 2012. "Regulatory fog: The role of information in regulatory persistence," Journal of Economic Behavior & Organization, Elsevier, vol. 84(3), pages 840-856.
    16. William R. Kerr & William F. Lincoln & Prachi Mishra, 2014. "The Dynamics of Firm Lobbying," American Economic Journal: Economic Policy, American Economic Association, vol. 6(4), pages 343-379, November.
    17. Sharun Mukand & Sanjay Jain & Sumon Majumdar, 2008. "Workers Without Borders? Culture, Migration And The Political Limits To Globalization," Working Paper 1196, Economics Department, Queen's University.
    18. Yongseok Shin & Benjamin Moll & Francisco J. Buera, 2011. "Well-Intended Policies," 2011 Meeting Papers 1244, Society for Economic Dynamics.
    19. Gani Aldashev & Jean-Marie Baland, 2015. "Awareness and AIDS :A Political Economy Perspective," Working Papers ECARES ECARES 2015-35, ULB -- Universite Libre de Bruxelles.
    20. Jinhua Zhao, 2000. "Irreversible Abatement Investment Under Cost Uncertainties: Tradable Emission Permits and Emissions Charges," Center for Agricultural and Rural Development (CARD) Publications 00-wp252, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    21. Richard Damania & Per Fredriksson & John List, 2004. "The multiplier effect of globalization," Natural Field Experiments 00497, The Field Experiments Website.
    22. DE BORGER, Bruno & PROOST, Stef, 2010. "A political economy model of road pricing," Working Papers 2010014, University of Antwerp, Faculty of Business and Economics.
    23. Mr. Muthukumara Mani & Mr. Per G. Fredriksson, 2001. "Trade Integration and Political Turbulence: Environmental Policy Consequences," IMF Working Papers 2001/150, International Monetary Fund.
    24. Aidt, T.S. & Dutta, J., 2004. "Policy Compromises: Corruption and Regulation in a Dynamic Democracy," Cambridge Working Papers in Economics 0404, Faculty of Economics, University of Cambridge.
    25. Marco Battaglini & Stephen Coate, 2006. "A Dynamic Theory of Public Spending, Taxation and Debt," NajEcon Working Paper Reviews 321307000000000026, www.najecon.org.
    26. Richard Damania & Per Fredriksson & Muthukumara Mani, 2004. "The Persistence of Corruption and Regulatory Compliance Failures: Theory and Evidence," Public Choice, Springer, vol. 121(3), pages 363-390, February.
    27. Jussila Hammes, Johanna, 2011. "Path dependence: Biofuels policy under uncertainty about greenhouse gas emissions," Working Papers 2011:1, Swedish National Road & Transport Research Institute (VTI).
    28. Nicolas Marceau & Michael Smart, 2003. "Corporate Lobbying and Commitment Failure in Capital Taxation," American Economic Review, American Economic Association, vol. 93(1), pages 241-251, March.
    29. Dreher, Axel & Lamla, Michael J. & Lein, Sarah M. & Somogyi, Frank, 2009. "The impact of political leaders' profession and education on reforms," Journal of Comparative Economics, Elsevier, vol. 37(1), pages 169-193, March.
    30. Richard E. Baldwin & Frédéric Robert-Nicoud, 2007. "Entry and Asymmetric Lobbying: Why Governments Pick Losers," CEP Discussion Papers dp0791, Centre for Economic Performance, LSE.
    31. Florian Neumeier, 2016. "Do Businessmen Make Good Governors?," ifo Working Paper Series 230, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    32. Fredriksson, Per G. & Wollscheid, Jim R., 2008. "The political economy of investment: The case of pollution control technology," European Journal of Political Economy, Elsevier, vol. 24(1), pages 53-72, March.
    33. Helge Berger & Stephan Danninger, 2006. "The Employment Effects of Labor and Product Markets Deregulation and their Implications for Structural Reform," CESifo Working Paper Series 1709, CESifo.
    34. Anand, Kartik & Gai, Prasanna & König, Philipp Johann, 2020. "Leaping into the dark: A theory of policy gambles," Discussion Papers 07/2020, Deutsche Bundesbank.
    35. Mr. Helge Berger & Mr. Stephan Danninger, 2005. "Labor and Product Market Deregulation: Partial, Sequential, or Simultaneous Reform?," IMF Working Papers 2005/227, International Monetary Fund.
    36. Kevin L. Reffett & Frank Schorfheide, 2000. "Evaluating Asset Pricing Implications of DSGE Models," Econometric Society World Congress 2000 Contributed Papers 1630, Econometric Society.
    37. Jared Greenville & T.Gordon MacAulay, 2005. "Tariffs and steel: US safeguard actions," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(3), pages 321-338, September.
    38. Zhao, Jinhua & Kling, Catherine, 2003. "Policy persistence in environmental regulation," ISU General Staff Papers 200301010800001274, Iowa State University, Department of Economics.
    39. Gustav Engström & Johan Gars & Niko Jaakkola & Therese Lindahl & Daniel Spiro & Arthur A. van Benthem, 2020. "What Policies Address Both the Coronavirus Crisis and the Climate Crisis?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 789-810, August.
    40. Giulio Federico, 2004. "Samaritans, Rotten Kids and Policy Conditionality," Development and Comp Systems 0409004, University Library of Munich, Germany.
    41. Eckhard Janeba, 2001. "Global Corporations and Local Politics: A Theory of Voter Backlash," NBER Working Papers 8254, National Bureau of Economic Research, Inc.
    42. Fredriksson, Per G. & Vollebergh, Herman R. J. & Dijkgraaf, Elbert, 2004. "Corruption and energy efficiency in OECD countries: theory and evidence," Journal of Environmental Economics and Management, Elsevier, vol. 47(2), pages 207-231, March.
    43. Acemoglu, Daron & Robinson, James A., 2006. "Persistence of Power, Elites and Institutions," CEPR Discussion Papers 5603, C.E.P.R. Discussion Papers.
    44. Galasso, Vincenzo & Conde-Ruiz, José Ignacio, 2003. "The Macroeconomics of Early Retirement," CEPR Discussion Papers 3896, C.E.P.R. Discussion Papers.
    45. Angélica Sánchez & Thomas Goda, 2018. "Corruption and the ‘Paradox of Redistribution’," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 140(2), pages 675-693, November.
    46. van der Ploeg, Frederick & Rohner, Dominic, 2012. "War and natural resource exploitation," European Economic Review, Elsevier, vol. 56(8), pages 1714-1729.
    47. Bénabou, Roland, 1996. "Inequality and Growth," CEPR Discussion Papers 1450, C.E.P.R. Discussion Papers.
    48. Michael C. Munger, 2019. "Tullock and the welfare costs of corruption: there is a “political Coase Theorem”," Public Choice, Springer, vol. 181(1), pages 83-100, October.
    49. Barseghyan, Levon & Coate, Stephen, 2021. "Community development by public wealth accumulation," Journal of Urban Economics, Elsevier, vol. 121(C).
    50. Daron Acemoglu & Davide Ticchi & Andrea Vindigni, 2006. "Emergence and Persistence of Inefficient States," Carlo Alberto Notebooks 34, Collegio Carlo Alberto.
    51. Andrea Vindigni, 2008. "Uncertainty and the Politics of Employment Protection," LABORatorio R. Revelli Working Papers Series 77, LABORatorio R. Revelli, Centre for Employment Studies.
    52. Brügemann, Björn, 2006. "Does Employment Protection Create Its Own Political Support?," IZA Discussion Papers 2286, Institute of Labor Economics (IZA).
    53. Marcello D'Amato & Vincenzo Galasso, 2009. "Political Intergenerational Risk Sharing," CSEF Working Papers 216, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    54. Andreas Bernecker & Pierre C. Boyer & Christina Gathmann, 2018. "The Role of Electoral Incentives for Policy Innovation: Evidence from the U.S. Welfare Reform," CESifo Working Paper Series 6964, CESifo.
    55. Fredriksson, Per G. & Neumayer, Eric, 2013. "Democracy and climate change policies: Is history important?," Ecological Economics, Elsevier, vol. 95(C), pages 11-19.
    56. Jain, Sanjay & Majumdar, Sumon, 2016. "State capacity, redistributive compensation and the political economy of economic policy reform," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 462-473.
    57. Pazhanisamy, R., 2019. "Corruption in Tax and Taxing the Corruption," EconStor Preprints 193967, ZBW - Leibniz Information Centre for Economics.
    58. Daron Acemoglu, 2002. "Why Not a Political Coase Theorem? Social Conflict, Commitment and Politics," NBER Working Papers 9377, National Bureau of Economic Research, Inc.
    59. Matthew F. Mitchell & Andrea Moro, 2006. "Persistent Distortionary Policies with Asymmetric Information," American Economic Review, American Economic Association, vol. 96(1), pages 387-393, March.
    60. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil & Rodríguez Mora, José V, 2001. "The Survival of the Welfare State," CEPR Discussion Papers 2905, C.E.P.R. Discussion Papers.
    61. Samuel M. Hartzmark & David H. Solomon, 2020. "Reconsidering Returns," NBER Working Papers 27380, National Bureau of Economic Research, Inc.
    62. Silke Friedrich, 2011. "Policy Persistence and Rent Extraction," ifo Working Paper Series 110, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    63. Per Fredriksson & Daniel Millimet, 2007. "Legislative Organization and Pollution Taxation," Public Choice, Springer, vol. 131(1), pages 217-242, April.
    64. Friedman, John N. & Kelman, Steven, 2007. "Effort as Investment: Analyzing the Response to Incentives," Working Paper Series rwp07-024, Harvard University, John F. Kennedy School of Government.
    65. Galasso, Vincenzo, 2008. "Postponing retirement: the political effect of aging," Journal of Public Economics, Elsevier, vol. 92(10-11), pages 2157-2169, October.
    66. Vindigni, Andrea, 2008. "Uncertainty and the Politics of Employment Protection," IZA Discussion Papers 3509, Institute of Labor Economics (IZA).
    67. Robert S. Chirinko & Daniel J. Wilson, 2011. "Tax Competition Among U.S. States: Racing to the Bottom or Riding on a Seesaw?," CESifo Working Paper Series 3535, CESifo.
    68. Wilkening, Tom, 2016. "Information and the persistence of private-order contract enforcement institutions: An experimental analysis," European Economic Review, Elsevier, vol. 89(C), pages 193-215.
    69. Berlemann, Michael & Haucap, Justus, 2015. "Which factors drive the decision to opt out of individual research rankings? An empirical study of academic resistance to change," Research Policy, Elsevier, vol. 44(5), pages 1108-1115.
    70. Patrick Warren & Tom Wilkening, 2010. "Regulatory Fog: The Informational Origins of Regulatory Persistence," Department of Economics - Working Papers Series 1113, The University of Melbourne.
    71. Elena Panova, 2011. "A Passion for Democracy," CIRANO Working Papers 2011s-47, CIRANO.
    72. Dalibor Eterovic, 2009. "Policy Reform Under Electoral Uncertainty," Working Papers Central Bank of Chile 546, Central Bank of Chile.
    73. Aidt, T. & Dutta, J. & Vania Sena, 2005. "Growth, Governance and Corruption in the Presence of Threshold Effects: Theory and Evidence," Cambridge Working Papers in Economics 0540, Faculty of Economics, University of Cambridge.
    74. Toke S. Aidt & Jayasri Dutta, 2010. "Fiscal federalism and electoral accountability," Working Papers 2010/11, Institut d'Economia de Barcelona (IEB).
    75. Angus C. Chu, 2008. "Special Interest Politics And Intellectual Property Rights: An Economic Analysis Of Strengthening Patent Protection In The Pharmaceutical Industry," Economics and Politics, Wiley Blackwell, vol. 20(2), pages 185-215, June.
    76. Antonio Ciccone, 2004. "Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty: Comment," American Economic Review, American Economic Association, vol. 94(3), pages 785-795, June.
    77. Panova, Elena, 2015. "A passion for voting," Games and Economic Behavior, Elsevier, vol. 90(C), pages 44-65.
    78. Christopher R. Berry & Barry C. Burden & William G. Howell, 2010. "After Enactment: The Lives and Deaths of Federal Programs," American Journal of Political Science, John Wiley & Sons, vol. 54(1), pages 1-17, January.
    79. Kessler, Anke & Buehler, Benno, 2010. "Ideologues: Explaining Partisanship and Persistence in Politics (and Elsewhere)," CEPR Discussion Papers 7724, C.E.P.R. Discussion Papers.
    80. Fernández, Jorge & Miller, Sebastián J., 2011. "When Should Developing Countries Announce Their Climate Policy?," IDB Publications (Working Papers) 3960, Inter-American Development Bank.
    81. Aidt, Toke S. & Dutta, Jayasri, 2007. "Policy myopia and economic growth," European Journal of Political Economy, Elsevier, vol. 23(3), pages 734-753, September.
    82. Lind, Jo Thori, 2005. "Does permanent income determine the vote?," Memorandum 23/2004, Oslo University, Department of Economics.
    83. Damania, Richard & Fredriksson, Per G. & List, John A., 2003. "Trade liberalization, corruption, and environmental policy formation: theory and evidence," Journal of Environmental Economics and Management, Elsevier, vol. 46(3), pages 490-512, November.
    84. Gathmann, Christina & Boyer, Pierre, 2015. "Trial and Error? Reelection Concerns and Policy Experimentation during the US Welfare Reform," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112844, Verein für Socialpolitik / German Economic Association.
    85. Fredriksson, Per G. & Neumayer, Eric, 2016. "Corruption and climate change policies: do the bad old days matter?," LSE Research Online Documents on Economics 64180, London School of Economics and Political Science, LSE Library.
    86. Dalibor Eterovic, 2009. "Institutional Bias Towards The Status Quo," Working Papers Central Bank of Chile 543, Central Bank of Chile.
    87. Dow, James & Perotti, Enrico, 2010. "Resistance to Change," Institutions and Markets Papers 60752, Fondazione Eni Enrico Mattei (FEEM).
    88. Charles Sims & David Finnoff, 2016. "Opposing Irreversibilities and Tipping Point Uncertainty," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(4), pages 985-1022.
    89. Shengmin Sun, 2008. "The institutional change under lobbying and the distribution of power," Psychometrika, Springer;The Psychometric Society, vol. 3(3), pages 410-429, September.
    90. Aidt, T.S.Toke Skovsgaard & Dutta, Jayasri, 2004. "Transitional politics: emerging incentive-based instruments in environmental regulation," Journal of Environmental Economics and Management, Elsevier, vol. 47(3), pages 458-479, May.
    91. Andrea Vindigni & Simone Scotti & Cristina Tealdi, 2013. "Uncertainty and the Politics of Employment Protection," Carlo Alberto Notebooks 298, Collegio Carlo Alberto.
    92. Sumon Majumdar & Sharun W. Mukand, 2004. "Policy Gambles," American Economic Review, American Economic Association, vol. 94(4), pages 1207-1222, September.
    93. Harstad, Bã…Rd & Svensson, Jakob, 2011. "Bribes, Lobbying, and Development," American Political Science Review, Cambridge University Press, vol. 105(1), pages 46-63, February.
    94. Coria, Jessica & Hennlock, Magnus, 2010. "Taxes, Permits and Costly Policy Response to Technological Change," Working Papers in Economics 442, University of Gothenburg, Department of Economics.
    95. Janeba, Eckhard, 2004. "Global corporations and local politics: income redistribution vs. FDI subsidies," Journal of Development Economics, Elsevier, vol. 74(2), pages 367-391, August.
    96. Hofer, Katharina Eva & Marti, Christian & Bütler, Monika, 2015. "Ready to Reform: How Popular Initiatives Can Be Successful," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113188, Verein für Socialpolitik / German Economic Association.
    97. Greenville, Jared W. & MacAulay, T. Gordon, 2005. "Tariffs and steel: US safeguard actions," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(3), pages 1-18.
    98. Vindigni, Andrea, 2008. "Uncertainty and the politics of employment protection," POLIS Working Papers 106, Institute of Public Policy and Public Choice - POLIS.
    99. Per G. Fredriksson & Stephan Gohmann & Khawaja Mamun, 2009. "Taxing Under the Influence?," Public Finance Review, , vol. 37(3), pages 339-365, May.
    100. Börner, Kira, 2004. "Political Economy Reasons for Government Inertia: The Role of Interest Groups in the Case of Access to Medicines," Discussion Papers in Economics 313, University of Munich, Department of Economics.
    101. Aidt, T.S. & Dutta, J., 2008. "A Theory of the Corrupt Keynesian," Cambridge Working Papers in Economics 0861, Faculty of Economics, University of Cambridge.
    102. Guy Holburn & Richard Bergh, 2006. "Consumer capture of regulatory institutions: The creation of public utility consumer advocates in the United States," Public Choice, Springer, vol. 126(1), pages 45-73, January.
    103. Boerner, Kira, 2005. "Having Everyone in the Boat May Sink it - Interest Group Involvement and Policy Reforms," Discussion Papers in Economics 730, University of Munich, Department of Economics.
    104. Silke Friedrich, 2013. "Policy Persistence and Rent Extraction," CESifo Working Paper Series 4325, CESifo.
    105. Greenville, Jared W. & MacAulay, T. Gordon, 2004. "Tariffs and Steel: The US Safeguard Actions," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58452, Australian Agricultural and Resource Economics Society.
    106. Matthew C. Stephenson, 2013. "Does Separation of Powers Promote Stability and Moderation?," The Journal of Legal Studies, University of Chicago Press, vol. 42(2), pages 331-368.
    107. Bullock, David S. & D'Arcangelo, Filippo Maria & Desquilbet, Marion, 2018. "A discussion of the market and policy failures associated with the adoption of herbicide-tolerant crops," TSE Working Papers 18-959, Toulouse School of Economics (TSE), revised Aug 2019.
    108. Horan, Richard D. & Claassen, Roger & Howe, Lance, 2001. "The Welfare Sensitivity Of Agri-Environmental Instruments," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(2), pages 1-19, December.

  118. Stephen Morris, "undated". "Interaction Games: A Unified Analysis of Incomplete Information, Local Interaction and Random Matching," Penn CARESS Working Papers 1879bf5487d743edef7f32bb2, Penn Economics Department.

    Cited by:

    1. William H. Sandholm, 1998. "History-Independent Prediction In Evolutionary Game Theory," Rationality and Society, , vol. 10(3), pages 303-326, August.
    2. Antoine Billot, 2009. "How to shake the invisible hand (when Robinson meets Friday)," Post-Print hal-00812836, HAL.
    3. Hellmann, Tim & Staudigl, Mathias, 2014. "Evolution of social networks," European Journal of Operational Research, Elsevier, vol. 234(3), pages 583-596.
    4. Zamagni, Stefano, 2000. "Economic reductionism as a hindrance to the analysis of structural change: scattered notes," Structural Change and Economic Dynamics, Elsevier, vol. 11(1-2), pages 197-208, July.
    5. Corbae, Dean & Duffy, John, 2008. "Experiments with network formation," Games and Economic Behavior, Elsevier, vol. 64(1), pages 81-120, September.
    6. Atsushi Kajii & Stephen Morris, 2019. "Notes on "Refinements and Higher Order Beliefs"," Working Papers on Central Bank Communication 006, University of Tokyo, Graduate School of Economics.
    7. Kets, Willemien & Kager, Wouter & Sandroni, Alvaro, 2021. "The Value of a Coordination Game," SocArXiv ymzrd, Center for Open Science.
    8. Sawa, Ryoji, 2014. "Coalitional stochastic stability in games, networks and markets," Games and Economic Behavior, Elsevier, vol. 88(C), pages 90-111.
    9. Stephen Morris & Hyun Song Shin, 2004. "Heterogeneity and Uniqueness in Interaction Games," Yale School of Management Working Papers ysm341, Yale School of Management.
    10. Ulrich Horst & Jos´e A. Scheinkman, 2006. "A Limit Theorem for Systems of Social Interactions," Levine's Bibliography 321307000000000177, UCLA Department of Economics.
    11. Robin Mason & Akos Valentinyi, 2003. "Independence, Heterogeneity and Uniqueness in Interaction Games," CERS-IE WORKING PAPERS 0303, Institute of Economics, Centre for Economic and Regional Studies.
    12. Oyama, Daisuke & Takahashi, Satoru, 2015. "Contagion and uninvadability in local interaction games: The bilingual game and general supermodular games," Journal of Economic Theory, Elsevier, vol. 157(C), pages 100-127.
    13. Horst, Ulrich & Scheinkman, José A., 2009. "A limit theorem for systems of social interactions," Journal of Mathematical Economics, Elsevier, vol. 45(9-10), pages 609-623, September.

  119. Jayasri Dutta & Stephen Morris, "undated". "The Revelation of Information and Self-Fulfilling Beliefs," Penn CARESS Working Papers 269cceedcbd401a5e46548b88, Penn Economics Department.

    Cited by:

    1. João Correia da Silva, 2014. "Two-period economies with price-contingent deliveries," FEP Working Papers 529, Universidade do Porto, Faculdade de Economia do Porto.
    2. Elchanan Ben-Porath, 2007. "Trade with Heterogeneous Beliefs," Discussion Paper Series dp462, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    3. Michael Ostrovsky, 2012. "Information Aggregation in Dynamic Markets With Strategic Traders," Econometrica, Econometric Society, vol. 80(6), pages 2595-2647, November.
    4. Felipe Zurita, 2001. "Speculation in Financial Markets: A Survey," Documentos de Trabajo 197, Instituto de Economia. Pontificia Universidad Católica de Chile..
    5. Beaudry, Paul & Gonzalez, Francisco M., 2003. "An equilibrium analysis of information aggregation and fluctuations in markets with discrete decisions," Journal of Economic Theory, Elsevier, vol. 113(1), pages 76-103, November.
    6. P. Herings & Kirsten Rohde, 2006. "Time-inconsistent preferences in a general equilibrium model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(3), pages 591-619, November.
    7. Elchanan Ben-Porath & Aviad Heifetz, 2010. "Common Knowledge of Rationality and Market Clearing in Economies with Asymmetric Information," Discussion Papers 1487, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    8. Elchanan Ben-Porath & Aviad Heifetz, 2006. "Rationalizable Expectations," Discussion Paper Series dp461, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    9. Pietra, Tito & Siconolfi, Paolo, 1997. "Extrinsic Uncertainty and the Informational Role of Prices," Journal of Economic Theory, Elsevier, vol. 77(1), pages 154-180, November.
    10. Jayasri Dutta & Herakles Polemarchakis, 2012. "Comment on "Sovereign Bailouts and Senior Loans"," NBER Chapters, in: NBER International Seminar on Macroeconomics 2012, pages 292-297, National Bureau of Economic Research, Inc.
    11. Heifetz, Aviad & Polemarchakis, Heracles M., 1998. "Partial Revelation with Rational Expectations," Journal of Economic Theory, Elsevier, vol. 80(1), pages 171-181, May.
    12. de Boisdeffre, Lionel, 2022. "Dropping rational expectations," Mathematical Social Sciences, Elsevier, vol. 115(C), pages 37-46.
    13. Gabriel Desgranges, 2000. "CK-Equilibria and Informational Efficiency in a Competitive Economy," Econometric Society World Congress 2000 Contributed Papers 1296, Econometric Society.
    14. DeMarzo, Peter & Skiadas, Costis, 1998. "Aggregation, Determinacy, and Informational Efficiency for a Class of Economies with Asymmetric Information," Journal of Economic Theory, Elsevier, vol. 80(1), pages 123-152, May.
    15. Elchanan Ben-Porath & Aviad Heifetz, 2007. "Rationalizable Expectations," Levine's Bibliography 122247000000001499, UCLA Department of Economics.
    16. Michael Zierhut, 2016. "Partially revealing rational expectations equilibrium with real assets and binding constraints," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(3), pages 495-516, August.
    17. Krebs, Tom, 2001. "Endogenous probabilities and the information revealed by prices," Journal of Mathematical Economics, Elsevier, vol. 36(1), pages 1-18, September.
    18. Herakles Polemarchakis, 2015. "Markets and Efficiency," The Japanese Economic Review, Japanese Economic Association, vol. 66(2), pages 150-166, June.
    19. Pietra, Tito & Siconolfi, Paolo, 2008. "Trade and revelation of information," Journal of Economic Theory, Elsevier, vol. 138(1), pages 132-164, January.
    20. Arrow, Kenneth J. & Hahn, Frank, 1999. "Notes on Sequence Economies, Transaction Costs, and Uncertainty," Journal of Economic Theory, Elsevier, vol. 86(2), pages 203-218, June.
    21. Le Van, Cuong & Navrouzoglou, Paulina & Vailakis, Yiannis, 2019. "On endogenous formation of price expectations," Games and Economic Behavior, Elsevier, vol. 115(C), pages 436-458.
    22. Elchanan Ben-Porath, 2007. "Trade with Heterogeneous Beliefs," Levine's Bibliography 122247000000001494, UCLA Department of Economics.

Articles

  1. Dirk Bergemann & Tibor Heumann & Stephen Morris & Constantine Sorokin & Eyal Winter, 2022. "Optimal Information Disclosure in Classic Auctions," American Economic Review: Insights, American Economic Association, vol. 4(3), pages 371-388, September.

    Cited by:

    1. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2022. "Screening with Persuasion," Cowles Foundation Discussion Papers 2338, Cowles Foundation for Research in Economics, Yale University.
    2. Mateusz Mysliwski & Lars Nesheim & Simeon Duckworth, 2023. "Taking the biscuit: how Safari privacy policies affect online advertising," CeMMAP working papers 04/23, Institute for Fiscal Studies.
    3. Yang Cai & Yingkai Li & Jinzhao Wu, 2024. "Algorithmic Information Disclosure in Optimal Auctions," Papers 2403.08145, arXiv.org.
    4. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2024. "Bidder-Optimal Information Structures in Auctions," Cowles Foundation Discussion Papers 2375R1, Cowles Foundation for Research in Economics, Yale University.

  2. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2022. "Counterfactuals with Latent Information," American Economic Review, American Economic Association, vol. 112(1), pages 343-368, January.
    See citations under working paper version above.
  3. Stephen Morris & Ming Yang, 2022. "Coordination and Continuous Stochastic Choice [Dynamic Global Games of Regime change: Learning, Multiplicity, and the Timing of Attacks]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(5), pages 2687-2722.
    See citations under working paper version above.
  4. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2021. "Information, market power, and price volatility," RAND Journal of Economics, RAND Corporation, vol. 52(1), pages 125-150, March.
    See citations under working paper version above.
  5. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2021. "Search, Information, and Prices," Journal of Political Economy, University of Chicago Press, vol. 129(8), pages 2275-2319.
    See citations under working paper version above.
  6. Atsushi Kajii & Stephen Morris, 2020. "Notes on “refinements and higher order beliefs”," The Japanese Economic Review, Springer, vol. 71(1), pages 35-41, January.
    See citations under working paper version above.
  7. Atsushi Kajii & Stephen Morris, 2020. "Refinements and higher-order beliefs: a unified survey," The Japanese Economic Review, Springer, vol. 71(1), pages 7-34, January.

    Cited by:

    1. Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.
    2. Daisuke Oyama & Satoru Takahashi, 2020. "Generalized Belief Operator and Robustness in Binary‐Action Supermodular Games," Econometrica, Econometric Society, vol. 88(2), pages 693-726, March.

  8. Bergemann, Dirk & Brooks, Benjamin & Morris, Stephen, 2020. "Countering the winner's curse: optimal auction design in a common value model," Theoretical Economics, Econometric Society, vol. 15(4), November.
    See citations under working paper version above.
  9. Stephen Morris & Andrew Postlewaite, 2020. "Observational Implications of Non-Exponential Discounting," Revue économique, Presses de Sciences-Po, vol. 71(2), pages 313-321.

    Cited by:

    1. Toda, Alexis Akira, 2021. "Necessity of hyperbolic absolute risk aversion for the concavity of consumption functions," Journal of Mathematical Economics, Elsevier, vol. 94(C).
    2. David K. Backus & Bryan R. Routledge & Stanley E. Zin, 2005. "Exotic Preferences for Macroeconomists," NBER Chapters, in: NBER Macroeconomics Annual 2004, Volume 19, pages 319-414, National Bureau of Economic Research, Inc.
    3. Christopher Harris & David Laibson, 2013. "Instantaneous Gratification," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(1), pages 205-248.
    4. Liutang Gong & William Smith & Heng-fu Zou, 2011. "Asset Prices and Hyperbolic Discounting," CEMA Working Papers 486, China Economics and Management Academy, Central University of Finance and Economics.

  10. Atsushi Kajii & Stephen Morris, 2020. "Correction to: Refinements and higher-order beliefs: a unified survey," The Japanese Economic Review, Springer, vol. 71(2), pages 351-351, April.

    Cited by:

    1. Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.

  11. Stephen Morris & Muhamet Yildiz, 2019. "Crises: Equilibrium Shifts and Large Shocks," American Economic Review, American Economic Association, vol. 109(8), pages 2823-2854, August.
    See citations under working paper version above.
  12. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2019. "Revenue Guarantee Equivalence," American Economic Review, American Economic Association, vol. 109(5), pages 1911-1929, May.
    See citations under working paper version above.
  13. Dirk Bergemann & Stephen Morris, 2019. "Information Design: A Unified Perspective," Journal of Economic Literature, American Economic Association, vol. 57(1), pages 44-95, March.
    See citations under working paper version above.
  14. Stephen Morris & Hyun Song Shin, 2018. "Central Bank Forward Guidance and the Signal Value of Market Prices," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 572-577, May.
    See citations under working paper version above.
  15. Morris, Stephen & Shim, Ilhyock & Shin, Hyun Song, 2017. "Redemption risk and cash hoarding by asset managers," Journal of Monetary Economics, Elsevier, vol. 89(C), pages 71-87.
    See citations under working paper version above.
  16. Mailath, George J. & Morris, Stephen & Postlewaite, Andrew, 2017. "Laws and authority," Research in Economics, Elsevier, vol. 71(1), pages 32-42.
    • George J. Mailath & Stephen Morris & Andrew Postlewaite, 2016. "Laws and Authority," PIER Working Paper Archive 16-018, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 08 Nov 2016.
    • George J. Mailath & Stephen Morris & Andrew Postlewaite, 2016. "Laws and Authority," Working Papers 082_2016, Princeton University, Department of Economics, Econometric Research Program..
    See citations under working paper version above.
  17. Bergemann, Dirk & Morris, Stephen & Takahashi, Satoru, 2017. "Interdependent preferences and strategic distinguishability," Journal of Economic Theory, Elsevier, vol. 168(C), pages 329-371.
    See citations under working paper version above.
  18. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2017. "First‐Price Auctions With General Information Structures: Implications for Bidding and Revenue," Econometrica, Econometric Society, vol. 85, pages 107-143, January.
    See citations under working paper version above.
  19. Bergemann, Dirk & Morris, Stephen, 2017. "Belief-free rationalizability and informational robustness," Games and Economic Behavior, Elsevier, vol. 104(C), pages 744-759.
    See citations under working paper version above.
  20. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
    See citations under working paper version above.
  21. Bergemann, Dirk & Morris, Stephen, 2016. "Bayes correlated equilibrium and the comparison of information structures in games," Theoretical Economics, Econometric Society, vol. 11(2), May.
    See citations under working paper version above.
  22. Stephen Morris & Hyun Song Shin, 2016. "Illiquidity Component Of Credit Risk – The 2015 Lawrence R. Klein Lecture," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(4), pages 1135-1148, November.

    Cited by:

    1. Setzer, Ralph & Stieglitz, Moritz, 2019. "Firm-level employment, labour market reforms, and bank distress," Working Paper Series 2334, European Central Bank.
    2. Martinez-Miera, David & Ahnert, Toni, 2021. "Bank Runs, Bank Competition and Opacity," CEPR Discussion Papers 16207, C.E.P.R. Discussion Papers.
    3. Choi, Dong Beom & Eisenbach, Thomas M. & Yorulmazer, Tanju, 2021. "Watering a lemon tree: Heterogeneous risk taking and monetary policy transmission," Journal of Financial Intermediation, Elsevier, vol. 47(C).
    4. Gersbach, Hans & Haller, Hans & Zelzner, Sebastian, 2023. "Enough liquidity with enough capital - And vice versa?," CFS Working Paper Series 714, Center for Financial Studies (CFS).
    5. Wang, Ling, 2023. "Central bank asset purchases, banks’ risky security holdings and profitability: Macro and micro evidence from Japan and the U.S," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 347-364.
    6. Durand, Pierre & Le Quang, Gaëtan, 2022. "Banks to basics! Why banking regulation should focus on equity," European Journal of Operational Research, Elsevier, vol. 301(1), pages 349-372.
    7. Zhao Li & Kebin Ma, 2022. "Contagious Bank Runs and Committed Liquidity Support," Management Science, INFORMS, vol. 68(12), pages 9152-9174, December.

  23. Dirk Bergemann & Stephen Morris, 2016. "Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium," American Economic Review, American Economic Association, vol. 106(5), pages 586-591, May.
    See citations under working paper version above.
  24. Bergemann, Dirk & Heumann, Tibor & Morris, Stephen, 2015. "Information and volatility," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 427-465.
    See citations under working paper version above.
  25. Dirk Bergemann & Benjamin Brooks & Stephen Morris, 2015. "The Limits of Price Discrimination," American Economic Review, American Economic Association, vol. 105(3), pages 921-957, March.
    See citations under working paper version above.
  26. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
    See citations under working paper version above.
  27. V. Bhaskar & George J. Mailath & Stephen Morris, 2013. "A Foundation for Markov Equilibria in Sequential Games with Finite Social Memory -super-," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 80(3), pages 925-948.

    Cited by:

    1. Kimmo Berg & Gijs Schoenmakers, 2017. "Construction of Subgame-Perfect Mixed-Strategy Equilibria in Repeated Games," Games, MDPI, vol. 8(4), pages 1-14, November.
    2. Harstad, Bård, 2021. "A Theory of Pledge-and-Review Bargaining," Memorandum 5/2022, Oslo University, Department of Economics, revised 21 Jun 2021.
    3. Sperisen, Benjamin, 2018. "Bounded memory and incomplete information," Games and Economic Behavior, Elsevier, vol. 109(C), pages 382-400.
    4. Houba, Harold & Wen, Quan, 2014. "Backward induction and unacceptable offers," Journal of Mathematical Economics, Elsevier, vol. 54(C), pages 151-156.
    5. Elliott, M. & Nava, F., 2017. "Decentralized Bargaining in Matching Markets: Efficient Stationary Equilibria and the Core," Cambridge Working Papers in Economics 1742, Faculty of Economics, University of Cambridge.
    6. Harstad, Bård, 2023. "Pledge-and-review bargaining," Journal of Economic Theory, Elsevier, vol. 207(C).
    7. Kováč, Eugen & Schmidt, Robert C., 2014. "Market share dynamics in a duopoly model with word-of-mouth communication," Games and Economic Behavior, Elsevier, vol. 83(C), pages 178-206.
    8. Elliott, Matthew L. & Nava, Francesco, 2019. "Decentralized bargaining in matching markets: efficient stationary equilibria and the core," Theoretical Economics, Econometric Society, vol. 14(1), January.
    9. P. Jean-Jacques Herings & Harold Houba, 2015. "Costless Delay in Negotiations," Tinbergen Institute Discussion Papers 15-010/II, Tinbergen Institute.
    10. Benjamin Sperisen, 2018. "Bad Reputation Under Bounded And Fading Memory," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 138-157, January.
    11. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
    12. Marina Azzimonti & Laura Karpuska & Gabriel Mihalache, 2020. "Bargaining over Mandatory Spending and Entitlements," Department of Economics Working Papers 20-02, Stony Brook University, Department of Economics.
    13. Takuo Sugaya & Satoru Takahashi, 2011. "Coordination Failure in Repeated Games with Private Monitoring," Working Papers 1325, Princeton University, Department of Economics, Econometric Research Program..
    14. Christoph Diehl & Christoph Kuzmics, 2021. "The (non-)robustness of influential cheap talk equilibria when the sender’s preferences are state independent," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 911-925, December.
    15. Attila Ambrus & Shih En Lu, 2015. "A Continuous-Time Model of Multilateral Bargaining," American Economic Journal: Microeconomics, American Economic Association, vol. 7(1), pages 208-249, February.
    16. Elliott, Matt & Nava, Francesco, 2019. "Decentralized bargaining in matching markets: efficient stationary equilibria and the core," LSE Research Online Documents on Economics 87219, London School of Economics and Political Science, LSE Library.
    17. Herings, P. Jean-Jacques & Meshalkin, Andrey & Predtetchinski, Arkadi, 2017. "A one-period memory folk theorem for multilateral bargaining games," Games and Economic Behavior, Elsevier, vol. 103(C), pages 185-198.
    18. Thomas Wiseman, 2015. "A Note on the Essentiality of Money under Limited Memory," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 881-893, October.
    19. Wioletta Dziuda & Antoine Loeper, 2016. "Dynamic Collective Choice with Endogenous Status Quo," Journal of Political Economy, University of Chicago Press, vol. 124(4), pages 1148-1186.
    20. Ambrus, Attila & Greiner, Ben & Pathak, Parag A., 2015. "How individual preferences are aggregated in groups: An experimental study," Journal of Public Economics, Elsevier, vol. 129(C), pages 1-13.
    21. Marina Azzimonti & Gabriel P. Mihalache & Laura Karpuska, 2020. "Bargaining over Taxes and Entitlements," NBER Working Papers 27595, National Bureau of Economic Research, Inc.
    22. Heller, Yuval & Mohlin, Erik, 2015. "Unique Stationary Behavior," MPRA Paper 66179, University Library of Munich, Germany.
    23. Arieli, Itai & Koren, Moran & Smorodinsky, Rann, 2022. "The implications of pricing on social learning," Theoretical Economics, Econometric Society, vol. 17(4), November.
    24. Benjamin Sperisen, 2016. "Bounded Memory, Reputation, and Impatience," Working Papers 1602, Tulane University, Department of Economics.

  28. Dirk Bergemann & Stephen Morris, 2013. "Robust Predictions in Games With Incomplete Information," Econometrica, Econometric Society, vol. 81(4), pages 1251-1308, July.
    See citations under working paper version above.
  29. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2012. "Efficient Auctions and Interdependent Types," American Economic Review, American Economic Association, vol. 102(3), pages 319-324, May.
    See citations under working paper version above.
  30. Stephen Morris & Hyun Song Shin, 2012. "Contagious Adverse Selection," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 1-21, January.
    See citations under working paper version above.
  31. Stephen Morris & Satoru Takahashi & Olivier Tercieux, 2012. "Robust Rationalizability Under Almost Common Certainty Of Payoffs," The Japanese Economic Review, Japanese Economic Association, vol. 63(1), pages 57-67, March.
    See citations under working paper version above.
  32. Meyer-ter-Vehn, Moritz & Morris, Stephen, 2011. "The robustness of robust implementation," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2093-2104, September.
    See citations under working paper version above.
  33. Bergemann, Dirk & Morris, Stephen, 2011. "Robust implementation in general mechanisms," Games and Economic Behavior, Elsevier, vol. 71(2), pages 261-281, March.
    See citations under working paper version above.
  34. Bergemann, Dirk & Morris, Stephen & Tercieux, Olivier, 2011. "Rationalizable implementation," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1253-1274, May.
    See citations under working paper version above.
  35. , & ,, 2009. "Robust virtual implementation," Theoretical Economics, Econometric Society, vol. 4(1), March.
    See citations under working paper version above.
  36. Dirk Bergemann & Stephen Morris, 2009. "Robust Implementation in Direct Mechanisms," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(4), pages 1175-1204.
    See citations under working paper version above.
  37. Dirk Bergemann & Stephen Morris, 2008. "The Role of the Common Prior in Robust Implementation," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 551-559, 04-05.
    See citations under working paper version above.
  38. Stephen Morris & Hyun Song Shin, 2008. "Financial Regulation in a System Context," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 229-274.

    Cited by:

    1. Jan Lorenz & Stefano Battiston & Frank Schweitzer, "undated". "Systemic Risk in a Unifying Framework for Cascading Processes on Networks," Working Papers CCSS-09-011, ETH Zurich, Chair of Systems Design.
    2. Tobias Adrian & Hyun Song Shin, 2008. "Financial intermediaries, financial stability and monetary policy," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 287-334.
    3. Angelini, Elisabetta Croci & Farina, Francesco, 2012. "Current account imbalances and systemic risk within a monetary union," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 647-656.
    4. Jason Allen & Andrew Usher, 2020. "Investment dealer collateral and leverage procyclicality," Empirical Economics, Springer, vol. 58(2), pages 489-505, February.
    5. Philippe Bacchetta & Cédric Tille & Eric van Wincoop, 2011. "Regulating Asset Price Risk," IHEID Working Papers 02-2011, Economics Section, The Graduate Institute of International Studies.
    6. Gerardo Ferrara & Sam Langfield & Zijun Liu & Tomohiro Ota, 2019. "Systemic illiquidity in the interbank network," Quantitative Finance, Taylor & Francis Journals, vol. 19(11), pages 1779-1795, November.
    7. Angeloni, Ignazio & Faia, Ester & Winkler, Roland C., 2010. "Exit strategies," CFS Working Paper Series 2010/25, Center for Financial Studies (CFS).
    8. Obstfeld, Maurice, 2009. "Lenders of Last Resort in a Globalized World," CEPR Discussion Papers 7355, C.E.P.R. Discussion Papers.
    9. Gersbach, Hans & Zelzner, Sebastian, 2022. "Why bank money creation?," CFS Working Paper Series 678, Center for Financial Studies (CFS).
    10. Faia, Ester & Curatola, Giuliano, 2016. "Divergent Reference-Dependent Risk-Attitudes and Endogenous Collateral Constraints," CEPR Discussion Papers 11678, C.E.P.R. Discussion Papers.
    11. Burghof, Hans-Peter & Müller, Carola, 2014. "Die Auswirkung einer Höchstverschuldungsquote auf den Bankenmarkt," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 68(2), pages 129-146.
    12. Wang, Xuan, 2023. "A macro-financial perspective to analyse maturity mismatch and default," Journal of Banking & Finance, Elsevier, vol. 151(C).
    13. Budnik, Katarzyna & Balatti, Mirco & Dimitrov, Ivan & Groß, Johannes & Kleemann, Michael & Reichenbachas, Tomas & Sanna, Francesco & Sarychev, Andrei & Siņenko, Nadežda & Volk, Matjaz, 2020. "Banking euro area stress test model," Working Paper Series 2469, European Central Bank.
    14. Comunale, Mariarosaria & Geis, André & Gkrintzalis, Ioannis & Moder, Isabella & Polgár, Éva Katalin & Quaglietti, Lucia & Savelin, Li, 2019. "Financial stability assessment for EU candidate countries and potential candidates," Occasional Paper Series 233, European Central Bank.
    15. I‐Ju Chen & Yu‐Yi Lee & Yong‐Chin Liu, 2020. "Bank liquidity, macroeconomic risk, and bank risk: Evidence from the Financial Services Modernization Act," European Financial Management, European Financial Management Association, vol. 26(1), pages 143-175, January.
    16. Anand, Kartik & Gai, Prasanna & Marsili, Matteo, 2012. "Rollover risk, network structure and systemic financial crises," Journal of Economic Dynamics and Control, Elsevier, vol. 36(8), pages 1088-1100.
    17. Ebrahimi Kahou, Mahdi & Lehar, Alfred, 2017. "Macroprudential policy: A review," Journal of Financial Stability, Elsevier, vol. 29(C), pages 92-105.
    18. Hyun Song Shin, 2011. "Comment on "Risk Topography"," NBER Chapters, in: NBER Macroeconomics Annual 2011, Volume 26, pages 184-189, National Bureau of Economic Research, Inc.
    19. Cristian Badarinza, 2019. "Mortgage Debt and Social Externalities," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 43-60, October.
    20. Simone Varotto & Lei Zhao, 2014. "Systemic Risk and Bank Size," ICMA Centre Discussion Papers in Finance icma-dp2014-17, Henley Business School, University of Reading.
    21. Marco A. Espinosa‐Vega & Juan Solé, 2011. "Cross‐border financial surveillance: a network perspective," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 3(3), pages 182-205, August.
    22. Angeloni, Ignazio & Faia, Ester & Lo Duca, Marco, 2015. "Monetary policy and risk taking," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 285-307.
    23. Alberto F. Alesina & Andrea Stella, 2010. "The Politics of Monetary Policy," NBER Working Papers 15856, National Bureau of Economic Research, Inc.
    24. Cristina Zeldea, 2020. "Modeling the Connection between Bank Systemic Risk and Balance-Sheet Liquidity Proxies through Random Forest Regressions," Administrative Sciences, MDPI, vol. 10(3), pages 1-14, August.
    25. Patrice T. Robitaille, 2011. "Liquidity and reserve requirements in Brazil," International Finance Discussion Papers 1021, Board of Governors of the Federal Reserve System (U.S.).
    26. Xuan Wang, 2020. "A Macro-Financial Perspective to Analyse Maturity Mismatch and Default," Tinbergen Institute Discussion Papers 20-064/IV, Tinbergen Institute.
    27. F. Caccioli & M. Marsili & P. Vivo, 2009. "Eroding market stability by proliferation of financial instruments," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 71(4), pages 467-479, October.
    28. Sylvain Benoît & Jean-Edouard Colliard & Christophe Hurlin & Christophe Pérignon, 2017. "Where the Risks Lie: A Survey on Systemic Risk," Post-Print hal-01498631, HAL.
    29. Haas, Armin & Onischka, Mathias & Fucik, Markus, 2013. "Black swans, dragon kings, and Bayesian risk management," Economics Discussion Papers 2013-11, Kiel Institute for the World Economy (IfW Kiel).
    30. Jean-Pierre Zigrand & Hyun Song Shin & Jon Danielsson, 2010. "Risk Appetite and Endogenous Risk," FMG Discussion Papers dp647, Financial Markets Group.
    31. Hyun Song Shin, 2014. "Adapting Macroprudential Policies to Global Liquidity Conditions," Central Banking, Analysis, and Economic Policies Book Series, in: Miguel Fuentes D. & Claudio E. Raddatz & Carmen M. Reinhart (ed.),Capital Mobility and Monetary Policy, edition 1, volume 18, chapter 2, pages 25-67, Central Bank of Chile.
    32. Hyun Song Shin & Kwanho Shin, 2011. "Procyclicality and Monetary Aggregates," NBER Working Papers 16836, National Bureau of Economic Research, Inc.
    33. Andrew G. Haldane & Vasileios Madouros, 2012. "El perro y el frisbee," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 14(27), pages 13-56, July-Dece.
    34. Douglas da Rosa München & Herbert Kimura, 2020. "Regulatory Banking Leverage: what do you know?," Working Papers Series 540, Central Bank of Brazil, Research Department.
    35. Stefano Battiston & Domenico Delli Gatti & Mauro Gallegati & Bruce C. Greenwald & Joseph E. Stiglitz, 2009. "Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk," NBER Working Papers 15611, National Bureau of Economic Research, Inc.
    36. Nelson, Benjamin & Pinter, Gabor, 2018. "Macroprudential capital regulation in general equilibrium," Bank of England working papers 770, Bank of England.
    37. Maddaloni, Giuseppe, 2015. "Liquidity risk and policy options," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 514-527.
    38. Manuel Buchholz, 2015. "How effective is macroprudential policy during financial downturns? Evidence from caps on banks̕ leverage," Bank of Estonia Working Papers wp2015-7, Bank of Estonia, revised 30 Dec 2015.
    39. Angeloni, Ignazio & Faia, Ester, 2013. "Capital regulation and monetary policy with fragile banks," Journal of Monetary Economics, Elsevier, vol. 60(3), pages 311-324.
    40. Tobias Adrian, 2015. "Discussion of “Systemic Risk and the Solvency-Liquidity Nexus of Banks”," Staff Reports 722, Federal Reserve Bank of New York.
    41. Obstfeld, Maurice, 2010. "The immoderate world economy," Journal of International Money and Finance, Elsevier, vol. 29(4), pages 603-614, June.
    42. Lallour, Antoine & Mio, Hitoshi, 2016. "Do we need a stable funding ratio? Banks’ funding in the global financial crisis," Bank of England working papers 602, Bank of England.
    43. Nasir, Muhammad Ali, 2020. "Forecasting inflation under uncertainty: The forgotten dog and the frisbee," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    44. Roy L. Hayes & Peter A. Beling & William T. Scherer, 2013. "Action-based feature representation for reverse engineering trading strategies," Environment Systems and Decisions, Springer, vol. 33(3), pages 413-426, September.
    45. Sonin, Konstantin & Grabar, Vsevolod, 2018. "Financial Restrictions and Competitive Balance in Sports Leagues," CEPR Discussion Papers 13154, C.E.P.R. Discussion Papers.
    46. Steiner, Andreas, 2014. "Reserve accumulation and financial crises: From individual protection to systemic risk," European Economic Review, Elsevier, vol. 70(C), pages 126-144.
    47. Angeloni, Ignazio & Faia, Ester, 2009. "A tale of two policies: prudential regulation and monetary policy with fragile banks," Kiel Working Papers 1569, Kiel Institute for the World Economy (IfW Kiel).
    48. Zigrand, Jean-Pierre, 2014. "Systems and systemic risk in finance and economics," LSE Research Online Documents on Economics 61220, London School of Economics and Political Science, LSE Library.
    49. Suh, Hyunduk & Walker, Todd B., 2016. "Taking financial frictions to the data," Journal of Economic Dynamics and Control, Elsevier, vol. 64(C), pages 39-65.
    50. Maria del Pilar Castillo & Giácomo Balbinotto, 2012. "Las FARC y los costos del secuestro," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 14(27), pages 147-164, July-Dece.
    51. Michele Fabrizi & Elisabetta Ipino & Michel Magnan & Antonio Parbonetti, 2016. "Real Regulatory Capital Management and Dividend Payout: Evidence from Available-for-Sale Securities," CIRANO Working Papers 2016s-57, CIRANO.
    52. David Mayes, 2011. "The future of financial markets: financial crisis avoidance," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 38(1), pages 77-101, February.
    53. Basak, Deepal & Murray, Alexander & Zhao, Yunhui, 2017. "Does Financial Tranquility Call for More Stringent Regulation?," MPRA Paper 81373, University Library of Munich, Germany.
    54. Mr. Hyun S Shin, 2013. "Procyclicality and the Search for Early Warning Indicators," IMF Working Papers 2013/258, International Monetary Fund.
    55. Diego Aparicio & Daniel Fraiman, 2015. "Banking Networks And Leverage Dependence In Emerging Countries," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 18(07n08), pages 1-21, November.
    56. Umar Faruqui & Wenqian Huang & Előd Takáts, 2018. "Clearing risks in OTC derivatives markets: the CCP-bank nexus," BIS Quarterly Review, Bank for International Settlements, December.
    57. Viral V. Acharya & Lasse H. Pedersen & Thomas Philippon & Matthew Richardson, 2012. "How to Calculate Systemic Risk Surcharges," NBER Chapters, in: Quantifying Systemic Risk, pages 175-212, National Bureau of Economic Research, Inc.
    58. Karl Whelan, 2009. "Containing systemic risk," Open Access publications 10197/1672, School of Economics, University College Dublin.
    59. de la Torre, Augusto & Ize, Alain, 2009. "Regulatory reform : integrating paradigms," Policy Research Working Paper Series 4842, The World Bank.
    60. Gunturu Phani Sai Vamsi Krishna & Pankaj Kumar Baag, 2021. "Financial Intermediaries: Its different role," Working papers 464, Indian Institute of Management Kozhikode.
    61. Connel Fullenkamp & Ms. Celine Rochon, 2014. "Reconsidering Bank Capital Regulation: A New Combination of Rules, Regulators, and Market Discipline," IMF Working Papers 2014/169, International Monetary Fund.
    62. PIERRET, Diane, 2014. "Systemic risk and the solvency-liquidity nexus of banks," LIDAM Discussion Papers CORE 2014038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    63. Vallascas, Francesco & Keasey, Kevin, 2012. "Bank resilience to systemic shocks and the stability of banking systems: Small is beautiful," Journal of International Money and Finance, Elsevier, vol. 31(6), pages 1745-1776.
    64. Mihir Rakshit, 2009. "Forum 2009," Development and Change, International Institute of Social Studies, vol. 40(6), pages 1293-1307, November.
    65. Marcin Borsuk & Konrad Kostrzewa, 2020. "Miary ryzyka systemowego dla Polski. Jak ryzyko systemowe wpływa na akcję kredytową banków?," Bank i Kredyt, Narodowy Bank Polski, vol. 51(3), pages 211-238.
    66. Liu, Xuewen & Mello, Antonio S., 2011. "The fragile capital structure of hedge funds and the limits to arbitrage," Journal of Financial Economics, Elsevier, vol. 102(3), pages 491-506.
    67. Ignazio Angeloni, 2009. "A Tale of Two Policies- Prudential Regulation and Monetary Policy with Fragile Banks," Working Papers 345, Bruegel.
    68. Gabriele Tedeschi & Amin Mazloumian & Mauro Gallegati & Dirk Helbing, 2012. "Bankruptcy Cascades in Interbank Markets," PLOS ONE, Public Library of Science, vol. 7(12), pages 1-10, December.
    69. Franz R. Hahn, 2010. "Financial Market Regulation," Austrian Economic Quarterly, WIFO, vol. 15(1), pages 94-97, April.
    70. Freixas, Xavier & Laux, Christian, 2011. "Disclosure, transparency, and market discipline," CFS Working Paper Series 2011/11, Center for Financial Studies (CFS).

  39. V. Bhaskar & George J. Mailath & Stephen Morris, 2008. "Purification in the Infinitely-Repeated Prisoners' Dilemma," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 515-528, July.
    See citations under working paper version above.
  40. Bergemann, Dirk & Morris, Stephen, 2008. "Ex post implementation," Games and Economic Behavior, Elsevier, vol. 63(2), pages 527-566, July.
    See citations under working paper version above.
  41. Stephen Morris & Hyun Song Shin, 2007. "Optimal Communication," Journal of the European Economic Association, MIT Press, vol. 5(2-3), pages 594-602, 04-05.
    See citations under working paper version above.
  42. Stephen Morris & Dirk Bergemann, 2007. "An Ascending Auction for Interdependent Values: Uniqueness and Robustness to Strategic Uncertainty," American Economic Review, American Economic Association, vol. 97(2), pages 125-130, May.
    See citations under working paper version above.
  43. , & , & ,, 2007. "Interim correlated rationalizability," Theoretical Economics, Econometric Society, vol. 2(1), pages 15-40, March.
    See citations under working paper version above.
  44. Guimaraes, Bernardo & Morris, Stephen, 2007. "Risk and wealth in a model of self-fulfilling currency attacks," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2205-2230, November.
    See citations under working paper version above.
  45. Fang, Hanming & Morris, Stephen, 2006. "Multidimensional private value auctions," Journal of Economic Theory, Elsevier, vol. 126(1), pages 1-30, January.
    See citations under working paper version above.
  46. Stephen Morris & Hyun Song Shin & Hui Tong, 2006. "Social Value of Public Information: Morris and Shin (2002) Is Actually Pro-Transparency, Not Con: Reply," American Economic Review, American Economic Association, vol. 96(1), pages 453-455, March.

    Cited by:

    1. Alexandre Kohlhas, 2015. "Learning-by-Sharing: Monetary Policy and the Information Content of Public Signals," 2015 Meeting Papers 57, Society for Economic Dynamics.
    2. Charles Goodhart, 2009. "The Interest Rate Conditioning Assumption," International Journal of Central Banking, International Journal of Central Banking, vol. 5(2), pages 85-108, June.
    3. Carlos Madeira & João Madeira, 2019. "The Effect of FOMC Votes on Financial Markets," The Review of Economics and Statistics, MIT Press, vol. 101(5), pages 921-932, December.
    4. Trabelsi, Emna & Hichri, Walid, 2021. "Central Bank Transparency with (semi-)public Information: Laboratory Experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
    5. Ichiro Fukunaga, 2007. "Imperfect Common Knowledge, Staggered Price Setting, and the Effects of Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1711-1739, October.
    6. Jonathan G James & Phillip Lawler, 2017. "Optimal Transparency and Policy Intervention with Heterogeneous Signals and Information Stickiness," Manchester School, University of Manchester, vol. 85(5), pages 577-600, September.
    7. Camille Cornand & Romain Baeriswyl & Bruno Ziliotto, 2019. "Observing and shaping the market: the dilemma of central banks," Post-Print hal-01644269, HAL.
    8. Svensson, Lars E.O., 2009. "Transparency under Flexible Inflation Targeting: Experiences and Challenges," CEPR Discussion Papers 7213, C.E.P.R. Discussion Papers.
    9. Mr. Christopher W. Crowe & Ellen E. Meade, 2008. "Central Bank Independence and Transparency: Evolution and Effectiveness," IMF Working Papers 2008/119, International Monetary Fund.
    10. Mr. Luis Brandão-Marques & Mr. Gaston Gelos & Ms. Natalia Melgar, 2013. "Country Transparency and the Global Transmission of Financial Shocks," IMF Working Papers 2013/156, International Monetary Fund.
    11. Romain Baeriswyl & Camille Cornand, 2012. "Reducing overreaction to central banks' disclosures : theory and experiment," Working Papers halshs-00657943, HAL.
    12. Camille Cornand & Frank Heinemann, 2013. "Limited higher order beliefs and the welfare effects of public information," Working Papers halshs-00855049, HAL.
    13. Luca Colombo & Gianluca Femminis & Alessandro Pavan, 2012. "Information Acquisition and Welfare," Discussion Papers 1554, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    14. Christian Bauer & Bernhard Herz, 2009. "The Dynamics of Financial Crises and the Risk to Defend the Exchange Rate," Research Papers in Economics 2009-03, University of Trier, Department of Economics.
    15. Jennifer La'O & George-Marios Angeletos, 2009. "Dispersed Information over the Business Cycle: Optimal Fiscal and Monetary Policy," 2009 Meeting Papers 221, Society for Economic Dynamics.
    16. Jean-Pierre Allegret & Camille Cornand, 2006. "The Pros and Cons of Higher Transparency: The Case of Speculative Attacks," Post-Print halshs-00137469, HAL.
    17. Joan Esteban & Facundo Albornoz & Paolo Vanin, 2009. "Government Information Transparency," UFAE and IAE Working Papers 774.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), revised 10 Feb 2010.
    18. M. Middeldorp, 2011. "Central Bank Transparency, the Accuracy of Professional Forecasts, and Interest Rate Volatility," Working Papers 11-12, Utrecht School of Economics.
    19. Hüning, Hendrik & Meub, Lukas, 2015. "Optimal public information dissemination: Introducing observational learning into a generalized beauty contest," University of Göttingen Working Papers in Economics 260, University of Goettingen, Department of Economics.
    20. van der Cruijsen, C.A.B. & Eijffinger, S.C.W. & Hoogduin, L.H., 2008. "Optimal Central Bank Transparency," Discussion Paper 2008-59, Tilburg University, Center for Economic Research.
    21. Ehrmann, Michael & Fratzscher, Marcel, 2008. "Purdah: on the rationale for central bank silence around policy meetings," Working Paper Series 868, European Central Bank.
    22. van der Cruijsen, C.A.B., 2008. "The economic impact of central bank transparency," Other publications TiSEM 86c1ba91-1952-45b4-adac-8, Tilburg University, School of Economics and Management.
    23. Ippei Fujiwara & Yuichiro Waki, 2021. "Online Appendix to "The Delphic forward guidance puzzle in New Keynesian models"," Online Appendices 19-50, Review of Economic Dynamics.
    24. James, Jonathan G. & Lawler, Phillip, 2012. "Heterogeneous information quality; strategic complementarities and optimal policy design," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 342-352.
    25. Gunda-Alexandra Detmers & Dieter Nautz, 2011. "The information content of central bank interest rate projections: Evidence from New Zealand," SFB 649 Discussion Papers SFB649DP2011-032, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    26. Lindner Axel, 2009. "Evaluating Communication Strategies for Public Agencies: Transparency, Opacity, and Secrecy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-18, July.
    27. Alia Gizatulina, 2013. "Wondering How Others Interpret It: Social Value of Public Information," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2013_08, Max Planck Institute for Research on Collective Goods.
    28. Julian A. Parra POlanía, 2012. "Transparency: can central banks commit to truthful communication?," Borradores de Economia 711, Banco de la Republica de Colombia.
    29. Aoyagi, Masaki, 2014. "Strategic obscurity in the forecasting of disasters," Games and Economic Behavior, Elsevier, vol. 87(C), pages 485-496.
    30. Cheick Kader M'baye, 2012. "Inflation Targeting under Heterogeneous Information and Sticky Prices," Working Papers 1202, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    31. Siklos, Pierre L., 2013. "Sources of disagreement in inflation forecasts: An international empirical investigation," Journal of International Economics, Elsevier, vol. 90(1), pages 218-231.
    32. Jasmina Arifovic & Janet Hua Jiang, 2014. "Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs," Staff Working Papers 14-12, Bank of Canada.
    33. Eijffinger, Sylvester & van der Cruijsen, Carin, 2007. "The Economic Impact of Central Bank Transparency: A Survey," CEPR Discussion Papers 6070, C.E.P.R. Discussion Papers.
    34. Paul Hubert, 2009. "Informational Advantage and Influence of Communicating Central Banks," Documents de Travail de l'OFCE 2009-04, Observatoire Francais des Conjonctures Economiques (OFCE).
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  47. Stephen Morris & Hyun Song Shin, 2006. "Inertia of Forward-Looking Expectations," American Economic Review, American Economic Association, vol. 96(2), pages 152-157, May.

    Cited by:

    1. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
    2. Philippe Andrade & Gaetano Gaballo & Eric Mengus & Benoît Mojon, 2019. "Forward Guidance and Heterogeneous Beliefs," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(3), pages 1-29, July.
    3. Ichiro Fukunaga, 2007. "Imperfect Common Knowledge, Staggered Price Setting, and the Effects of Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1711-1739, October.
    4. Domenico Colucci & Vincenzo Valori, 2008. "Asset Price Dynamics When Behavioural Heterogeneity Varies," Computational Economics, Springer;Society for Computational Economics, vol. 32(1), pages 3-20, September.
    5. Stephanie L. Chan, 2021. "The Social Value of Public Information When Not Everyone is Privately Informed," Working Papers 2021-09-18, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    6. Christopher D. Carroll & Edmund Crawley & Jiri Slacalek & Kiichi Tokuoka & Matthew N. White, 2018. "Sticky Expectations and Consumption Dynamics," Working Papers id:12563, eSocialSciences.
    7. Tatsushi Okuda & Tomohiro Tsuruga, 2021. "Inflation Expectations and Central Bank Communication with Unknown Prior," IMES Discussion Paper Series 21-E-07, Institute for Monetary and Economic Studies, Bank of Japan.
    8. Marius F. Niculescu & Hyoduk Shin & Seungjin Whang, 2012. "Underlying Consumer Heterogeneity in Markets for Subscription-Based IT Services with Network Effects," Information Systems Research, INFORMS, vol. 23(4), pages 1322-1341, December.
    9. Colucci, Domenico & Doni, Nicola & Ricchiuti, Giorgio & Valori, Vincenzo, 2022. "Market dynamics with a state-owned dominant firm and a competitive fringe," Chaos, Solitons & Fractals, Elsevier, vol. 161(C).
    10. Maria Demertzis & Nicola Viegi, 2006. "Aiming for the Bull's Eye: Uncertainty and Inertia in Monetary Policy," Computing in Economics and Finance 2006 150, Society for Computational Economics.
    11. George-Marios Angeletos & Jennifer La'O, 2009. "Incomplete Information, Higher-Order Beliefs and Price Inertia," NBER Working Papers 15003, National Bureau of Economic Research, Inc.
    12. Benigno, Pierpaolo & Karantounias, Anastasios G., 2019. "Overconfidence, subjective perception and pricing behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 107-132.
    13. Kristoffer Nimark, 2007. "Dynamic Higher Order Expectations," 2007 Meeting Papers 542, Society for Economic Dynamics.
    14. Alvarez, Fernando & Lippi, Francesco & Paciello, Luigi, 2010. "Optimal price setting with observation and menu costs," CEPR Discussion Papers 7861, C.E.P.R. Discussion Papers.
    15. Lahiri, Kajal & Sheng, Xuguang, 2010. "Learning and heterogeneity in GDP and inflation forecasts," International Journal of Forecasting, Elsevier, vol. 26(2), pages 265-292, April.
    16. Marius F. Niculescu & D. J. Wu, 2014. "Economics of Free Under Perpetual Licensing: Implications for the Software Industry," Information Systems Research, INFORMS, vol. 25(1), pages 173-199, March.
    17. Philip Arestis & Alexander Mihailov, 2008. "Classifying Monetary Economics: Fields and Methods from Past to Future," Economics Discussion Papers em-dp2008-64, Department of Economics, University of Reading.
    18. Libich Jan, 2011. "Inflation Nutters? Modelling the Flexibility of Inflation Targeting," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-36, June.
    19. Lahiri, Kajal & Sheng, Xuguang, 2008. "Evolution of forecast disagreement in a Bayesian learning model," Journal of Econometrics, Elsevier, vol. 144(2), pages 325-340, June.

  48. Morris, Stephen & Shin, Hyun Song, 2006. "Catalytic finance: When does it work?," Journal of International Economics, Elsevier, vol. 70(1), pages 161-177, September.
    See citations under working paper version above.
  49. Franklin Allen & Stephen Morris & Hyun Song Shin, 2006. "Beauty Contests and Iterated Expectations in Asset Markets," The Review of Financial Studies, Society for Financial Studies, vol. 19(3), pages 719-752.

    Cited by:

    1. Alexandre Kohlhas, 2015. "Learning-by-Sharing: Monetary Policy and the Information Content of Public Signals," 2015 Meeting Papers 57, Society for Economic Dynamics.
    2. Citera, Emanuele & Sau, Lino, 2019. "Complexity, Conventions and Instability: the role of monetary policy," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201924, University of Turin.
    3. Dan Zhu & Qingwei Wang & John Goddard, 2022. "A new hedging hypothesis regarding prediction interval formation in stock price forecasting," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(4), pages 697-717, July.
    4. Ming Yi, 2017. "Dynamic beauty contests: Learning from the winners to win?," Journal of Economics, Springer, vol. 122(1), pages 67-92, September.
    5. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
    6. Berardi, Michele, 2020. "Learning from prices: information aggregation and accumulation in an asset market," MPRA Paper 102139, University Library of Munich, Germany.
    7. Martijn Cremers & Hongjun Yan, 2009. "Uncertainty and Valuations," Yale School of Management Working Papers amz2383, Yale School of Management, revised 01 May 2009.
    8. Walker, Todd B., 2007. "How equilibrium prices reveal information in a time series model with disparately informed, competitive traders," Journal of Economic Theory, Elsevier, vol. 137(1), pages 512-537, November.
    9. Adam, Klaus & Marcet, Albert & Nicolini, Juan Pablo, 2011. "Stock market volatility and learning," LSE Research Online Documents on Economics 121739, London School of Economics and Political Science, LSE Library.
    10. Philippe Bacchetta & Eric van Wincoop, 2003. "Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle?," Working Papers 03.02, Swiss National Bank, Study Center Gerzensee.
    11. Guido Lorenzoni, 2006. "A Theory of Demand Shocks," NBER Working Papers 12477, National Bureau of Economic Research, Inc.
    12. Philippe Bacchetta & Eric Van Wincoop, 2008. "Higher Order Expectations in Asset Pricing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 837-866, August.
    13. Péter Kondor, 2009. "The more we know, the less we agree: Higher-order expectations and public announcements," 2009 Meeting Papers 1018, Society for Economic Dynamics.
    14. Cox, Caleb & Davis, Douglas & Korenok, Oleg & Lightle, John, 2023. "Stress tests and information disclosure: An experimental analysis," Journal of Banking & Finance, Elsevier, vol. 154(C).
    15. Martin Ellison & Andreas Tischbirek, 2021. "Beauty Contests and the Term Structure [Risk Premia and Term Premia in General Equilibrium]," Journal of the European Economic Association, European Economic Association, vol. 19(4), pages 2234-2282.
    16. Ferracuti, Elia & Stubben, Stephen R., 2019. "The role of financial reporting in resolving uncertainty about corporate investment opportunities," Journal of Accounting and Economics, Elsevier, vol. 68(2).
    17. Ackert, Lucy F. & Kluger, Brian D. & Qi, Li, 2012. "Irrationality and beliefs in a laboratory asset market: Is it me or is it you?," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 278-291.
    18. Anton Nakov & Galo Nuño, 2011. "Learning from experience in the stock market," Working Papers 1132, Banco de España.
    19. Cella, Cristina & Ellul, Andrew & Giannetti, Mariassunta, 2013. "Investors' horizons and the amplification of market shocks," LSE Research Online Documents on Economics 119037, London School of Economics and Political Science, LSE Library.
    20. Carlo Galli & Marco Bassetto, 2016. "Is Inflation Default? The Role of Information in Debt Crises," 2016 Meeting Papers 308, Society for Economic Dynamics.
    21. Romain Baeriswyl & Camille Cornand, 2012. "Reducing overreaction to central banks' disclosures : theory and experiment," Working Papers halshs-00657943, HAL.
    22. Ilomaki Jukka & Laurila Hannu, 2017. "Endogenous Real Risk-Free Rate, the Central Bank, and Stock Market," Working Papers 1713, Tampere University, Faculty of Management and Business, Economics.
    23. Gabriel Desgranges & Celine Rochon, 2008. "Conformism, Public News and Market Efficiency," Economics Series Working Papers 2008fe16, University of Oxford, Department of Economics.
    24. Sonnemans, Joep & Tuinstra, Jan, 2010. "Positive expectations feedback experiments and number guessing games as models of financial markets," Journal of Economic Psychology, Elsevier, vol. 31(6), pages 964-984, December.
    25. Kurz, Mordecai, 2006. "Beauty contests under private information and diverse beliefs: how different?," MPRA Paper 233, University Library of Munich, Germany, revised Apr 2006.
    26. Hirota, Shinichi & Huber, Juergen & Stöckl, Thomas & Sunder, Shyam, 2022. "Speculation, money supply and price indeterminacy in financial markets: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 1275-1296.
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    179. Ruiz-Buforn, Alba & Alfarano, Simone & Camacho-Cuena, Eva, 2019. "Price distortions and public information: theory, experiments and simulations," MPRA Paper 93288, University Library of Munich, Germany.
    180. Rangvid, Jesper & Schmeling, Maik & Schrimpf, Andreas, 2013. "What do professional forecasters' stock market expectations tell us about herding, information extraction and beauty contests?," Journal of Empirical Finance, Elsevier, vol. 20(C), pages 109-129.
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    184. Te Bao & John Duffy, 2021. "Signal extraction: experimental evidence," Theory and Decision, Springer, vol. 90(2), pages 219-232, March.
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    187. Levent Altinoglu & Jin-Wook Chang, 2022. "Information Externalities, Funding Liquidity, and Fire Sales," Finance and Economics Discussion Series 2022-052, Board of Governors of the Federal Reserve System (U.S.).
    188. Thomas M. Eisenbach & Gregory Phelan, 2022. "Fragility of Safe Asset Markets," Staff Reports 1026, Federal Reserve Bank of New York.
    189. Stephen Morris & Hyun Song Shin, 2006. "Inertia of Forward-Looking Expectations," American Economic Review, American Economic Association, vol. 96(2), pages 152-157, May.
    190. Bizzotto, Jacopo & Rüdiger, Jesper & Vigier, Adrien, 2020. "Testing, disclosure and approval," Journal of Economic Theory, Elsevier, vol. 187(C).
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    Cited by:

    1. Chadha, J., 2018. "Of Gold and Paper Money," Cambridge Working Papers in Economics 1842, Faculty of Economics, University of Cambridge.
    2. Herrada, Rafael & Pérez, Fernando & Montoro, Carlos & Castillo, Paul, 2020. "La comunicación de la política monetaria en los bancos centrales de América del Sur," Revista Moneda, Banco Central de Reserva del Perú, issue 181, pages 4-9.
    3. George-Marios Angeletos & Alessandro Pavan, 2008. "Policy with Dispersed Information," Carlo Alberto Notebooks 86, Collegio Carlo Alberto.
    4. Ichiro Fukunaga, 2007. "Imperfect Common Knowledge, Staggered Price Setting, and the Effects of Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1711-1739, October.
    5. Sinelnikova-Muryleva, Elena (Синельникова-Мурылева, Елена), 2017. "Analysis of Transmission Mechanisms of Monetary Policy of the Bank of Russia in Conditions of Transition to Inflation Targeting [Анализ Трансмиссионных Механизмов Денежно-Кредитной Политики Банка Р," Working Papers 041703, Russian Presidential Academy of National Economy and Public Administration.
    6. Camille Cornand & Romain Baeriswyl & Bruno Ziliotto, 2019. "Observing and shaping the market: the dilemma of central banks," Post-Print hal-01644269, HAL.
    7. Geraats, P.M, 2005. "Transparency of Monetary Policy: Theory and Practice," Cambridge Working Papers in Economics 0549, Faculty of Economics, University of Cambridge.
    8. Monica Jain & Christopher S. Sutherland, 2018. "How Do Central Bank Projections and Forward Guidance Influence Private-Sector Forecasts?," Staff Working Papers 18-2, Bank of Canada.
    9. Luca Colombo & Gianluca Femminis & Alessandro Pavan, 2012. "Information Acquisition and Welfare," Discussion Papers 1554, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    10. Jung, Alexander & Kühl, Patrick, 2021. "Can central bank communication help to stabilise inflation expectations?," Working Paper Series 2547, European Central Bank.
    11. van der Cruijsen, C.A.B. & Eijffinger, S.C.W. & Hoogduin, L.H., 2008. "Optimal Central Bank Transparency," Discussion Paper 2008-59, Tilburg University, Center for Economic Research.
    12. Rangvid, Jesper & Schmeling, Maik & Schrimpf, Andreas, 2009. "Higher-order beliefs among professional stock market forecasters: some first empirical tests," ZEW Discussion Papers 09-042, ZEW - Leibniz Centre for European Economic Research.
    13. van der Cruijsen, C.A.B., 2008. "The economic impact of central bank transparency," Other publications TiSEM 86c1ba91-1952-45b4-adac-8, Tilburg University, School of Economics and Management.
    14. Sweder van Wijnbergen & Tim Willems, 2013. "Imperfect information, lagged labour adjustment, and the Great Moderation," Oxford Economic Papers, Oxford University Press, vol. 65(2), pages 219-239, April.
    15. Wyplosz, Charles & Gosselin, Pierre & ,, 2007. "Interest Rate Signals and Central Bank Transparency," CEPR Discussion Papers 6454, C.E.P.R. Discussion Papers.
    16. Wyplosz, Charles & Gosselin-Lotz, Aileen & Gosselin, Pierre, 2006. "How Much Information Should Interest Rate-Setting Central Banks Reveal?," CEPR Discussion Papers 5666, C.E.P.R. Discussion Papers.
    17. Coenen, Günter & Ehrmann, Michael & Gaballo, Gaetano & Hoffmann, Peter & Nakov, Anton & Nardelli, Stefano & Persson, Eric & Strasser, Georg, 2017. "Communication of monetary policy in unconventional times," Working Paper Series 2080, European Central Bank.
    18. George-Marios Angeletos & Alessandro Pavan, 2005. "Efficiency and Welfare with Complementarities and Asymmetric Information," NBER Working Papers 11826, National Bureau of Economic Research, Inc.
    19. Siklos, Pierre L., 2013. "Sources of disagreement in inflation forecasts: An international empirical investigation," Journal of International Economics, Elsevier, vol. 90(1), pages 218-231.
    20. Alex Cukierman, 2009. "The Limits of Transparency," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 38(1‐2), pages 1-37, February.
    21. Anna Florio, 2016. "The central bank as shaper and observer of events: The case of the yield spread," Canadian Journal of Economics, Canadian Economics Association, vol. 49(1), pages 320-346, February.
    22. Eijffinger, Sylvester & van der Cruijsen, Carin, 2007. "The Economic Impact of Central Bank Transparency: A Survey," CEPR Discussion Papers 6070, C.E.P.R. Discussion Papers.
    23. Adrian Stoian, 2014. "Public Messages and Asset Prices," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(4), pages 441-454, December.
    24. Camille Cornand & Frank Heinemann, 2008. "Optimal Degree of Public Information Dissemination," Economic Journal, Royal Economic Society, vol. 118(528), pages 718-742, April.
    25. David P. Myatt & Chris Wallace, 2009. "Endogenous Information Acquisition in Coordination Games," Economics Series Working Papers 445, University of Oxford, Department of Economics.
    26. Stephen Morris & Hyun Song Shin, 2006. "Optimal Communication," Levine's Bibliography 321307000000000236, UCLA Department of Economics.
    27. Xavier Vives, 2017. "Endogenous Public Information and Welfare in Market Games," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(2), pages 935-963.
    28. Kathy Yuan & Emre Ozdenoren & Itay Goldstein, 2010. "Trading Frenzies and Their Impact on Real Investment," 2010 Meeting Papers 94, Society for Economic Dynamics.
    29. van Holle, Frederiek, 2017. "Essays in empirical finance and monetary policy," Other publications TiSEM 30d11a4b-7bc9-4c81-ad24-5, Tilburg University, School of Economics and Management.
    30. Stephen Morris & Hyun Song Shin, 2008. "Coordinating Expectations in Monetary Policy," Chapters, in: Jean-Philippe Touffut (ed.), Central Banks as Economic Institutions, chapter 5, Edward Elgar Publishing.
    31. Celso Brunetti & Marc Joëts & Valérie Mignon, 2023. "Reasons Behind Words: OPEC Narratives and the Oil Market," Working Papers hal-04196053, HAL.
    32. Ullrich, Katrin, 2007. "Inflation Expectations of Experts and ECB Communication," ZEW Discussion Papers 07-054, ZEW - Leibniz Centre for European Economic Research.
    33. Lee, Kangsan & Jeong, Daeyoung, 2023. "Too much is too bad: The effect of media coverage on the price volatility of cryptocurrencies," Journal of International Money and Finance, Elsevier, vol. 133(C).
    34. Y. Sağlam & W. Daher & Jihad Elnaboulsi, 2018. "On the social value of publicly disclosed information and environmental regulation," Post-Print hal-04230837, HAL.
    35. David P. Myatt & Chris Wallace, 2008. "On the Sources and Value of Information: Public Announcements and Macroeconomic Performance," Economics Series Working Papers 411, University of Oxford, Department of Economics.
    36. Ruiz-Buforn, Alba & Camacho-Cuena, Eva & Morone, Andrea & Alfarano, Simone, 2020. "Overweighting of public information in financial markets: A lesson from the lab," MPRA Paper 98472, University Library of Munich, Germany.
    37. Francesca Pancotto & Giuseppe Pignataro & Davide Raggi, 2015. "Social Learning and Higher Order Beliefs: A Structural Model of Exchange Rates Dynamics," LEM Papers Series 2015/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    38. Sheila Dow & Matthias Klaes & Alberto Montagnoli, 2009. "Risk And Uncertainty In Central Bank Signals: An Analysis Of Monetary Policy Committee Minutes," Metroeconomica, Wiley Blackwell, vol. 60(4), pages 584-618, November.
    39. Darrell Duffie & Semyon Malamud & Gustavo Manso, 2011. "Information Percolation in Segmented Markets," NBER Working Papers 17295, National Bureau of Economic Research, Inc.
    40. Stephen G. Cecchetti & Craig S. Hakkio, 2010. "Inflation targeting and private sector forecasts," Research Working Paper RWP 10-01, Federal Reserve Bank of Kansas City.
    41. Goldstein, Itay & Yuan, Kathy & Ozdenoren, Emre, 2010. "Learning and Complementarities: Implications for Speculative Attacks," CEPR Discussion Papers 7651, C.E.P.R. Discussion Papers.
    42. Antonio Jiménez-Martínez, 2014. "Information acquisition interactions in two-player quadratic games," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(2), pages 455-485, May.
    43. Angus A Brown & L C G Rogers, 2010. "Diverse Beliefs," Papers 1001.1450, arXiv.org.
    44. Glenn D. Rudebusch & John C. Williams, 2006. "Revealing the secrets of the temple: the value of publishing central bank interest rate projections," Working Paper Series 2006-31, Federal Reserve Bank of San Francisco.
    45. Duffie, Darrell & Malamud, Semyon & Manso, Gustavo, 2015. "Reprint of: Information percolation in segmented markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 838-869.
    46. Muto, Ichiro, 2013. "Productivity growth, transparency, and monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 329-344.
    47. Jonas Dovern & Ulrich Fritsche & Jiri Slacalek, 2009. "Disagreement among Forecasters in G7 Countries," Macroeconomics and Finance Series 200906, University of Hamburg, Department of Socioeconomics.
    48. Charles Bean, 2009. "Comment on "Interest Rate Signals and Central Bank Transparency"," NBER Chapters, in: NBER International Seminar on Macroeconomics 2007, pages 52-54, National Bureau of Economic Research, Inc.
    49. Roy, Sunanda & Singh, Rajesh & Weninger, Quinn, 2021. "Entry under placement uncertainty," ISU General Staff Papers 202102240800001096, Iowa State University, Department of Economics.
    50. Jung, Alexander, 2023. "Are monetary policy shocks causal to bank health? Evidence from the euro area," Journal of Macroeconomics, Elsevier, vol. 75(C).
    51. Guido Lorenzoni & George-Marios Angeletos, 2010. "Price Making Intermediation," 2010 Meeting Papers 963, Society for Economic Dynamics.
    52. Claudio Borio & Haibin Zhu, 2008. "Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism?," BIS Working Papers 268, Bank for International Settlements.
    53. Stephen Morris & Hyun Song Shin, 2018. "Central Bank Forward Guidance and the Signal Value of Market Prices," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 572-577, May.
    54. Guido Lorenzoni, 2007. "News Shocks and Optimal Monetary Policy," NBER Working Papers 12898, National Bureau of Economic Research, Inc.
    55. Trabelsi, Emna, 2010. "Central bank communication: fragmentation as an engine for limiting the publicity degree of information," MPRA Paper 26647, University Library of Munich, Germany.
    56. Amador, Manuel & Weill, Pierre-Olivier, 2012. "Learning from private and public observations of othersʼ actions," Journal of Economic Theory, Elsevier, vol. 147(3), pages 910-940.
    57. Ehrmann, Michael & Fratzscher, Marcel, 2007. "Social value of public information: testing the limits to transparency," Working Paper Series 821, European Central Bank.
    58. Jain, Shalini Sarin & Jain, Shailendra Pratap, 2018. "Power distance belief and preference for transparency," Journal of Business Research, Elsevier, vol. 89(C), pages 135-142.
    59. Petra M. Geraats, 2009. "Trends in Monetary Policy Transparency," International Finance, Wiley Blackwell, vol. 12(2), pages 235-268, August.
    60. Kawamura, Kohei & Kobashi, Yohei & Shizume, Masato & Ueda, Kozo, 2019. "Strategic central bank communication: Discourse analysis of the Bank of Japan’s Monthly Report," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 230-250.
    61. George-Marios Angeletos & Guido Lorenzoni & Alessandro Pavan, 2007. "Wall Street and Silicon Valley: A Delicate Interaction," NBER Working Papers 13475, National Bureau of Economic Research, Inc.
    62. Petra Geraats, 2014. "Monetary Policy Transparency," CESifo Working Paper Series 4611, CESifo.
    63. Myatt, David P. & Wallace, Chris, 2014. "Central bank communication design in a Lucas-Phelps economy," Journal of Monetary Economics, Elsevier, vol. 63(C), pages 64-79.
    64. Herbert Sylvérie, 2022. "State-dependent Central Bank Communication with Heterogeneous Beliefs," Working papers 875, Banque de France.
    65. Ruiz-Buforn, Alba & Alfarano, Simone & Morone, Andrea, 2019. "Welfare effects of public information in a laboratory financial market," MPRA Paper 95424, University Library of Munich, Germany.
    66. Ricardo Sousa & James Yetman, 2016. "Inflation expectations and monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Inflation mechanisms, expectations and monetary policy, volume 89, pages 41-67, Bank for International Settlements.
    67. Kohlhas, Alexandre N., 2020. "An informational rationale for action over disclosure," Journal of Economic Theory, Elsevier, vol. 187(C).
    68. Peter Spahn, 2010. "Asset Prices, Inflation and Monetary Control - Re-inventing Money as a Policy Tool," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 323/2010, Department of Economics, University of Hohenheim, Germany.
    69. Mordecai Kurz, 2007. "Rational Diverse Beliefs and Economic Volatility," Discussion Papers 06-045, Stanford Institute for Economic Policy Research.
    70. Anna Bayona, 2018. "The social value of information with an endogenous public signal," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 1059-1087, December.
    71. Monique Reid & Pierre Siklos, 2020. "Building Credibility and Influencing Expectations The Evolution of Central Bank Communication," Working Papers 10144, South African Reserve Bank.
    72. Heidhues, Paul & Melissas, Nicolas, 2012. "Rational exuberance," European Economic Review, Elsevier, vol. 56(6), pages 1220-1240.
    73. Nergiz Dincer & Barry Eichengreen, 2009. "Central Bank Transparency: Causes, Consequences and Updates," NBER Working Papers 14791, National Bureau of Economic Research, Inc.
    74. Pires Tiberto, Bruno & Oliveira de Moraes, Claudio & Pio Corrêa, Paloma, 2020. "Does transparency of central banks communication affect credit market? Empirical evidence for advanced and emerging markets," The North American Journal of Economics and Finance, Elsevier, vol. 53(C).
    75. Philip Bond & Itay Goldstein & Edward Simpson Prescott, 2006. "Market-based regulation and the informational content of prices," Working Paper 06-12, Federal Reserve Bank of Richmond.
    76. Antonio Jiménez-Martínez, 2011. "Coordination Incentives for Information Acquisition with a Finite Set of Players," Working papers DTE 497, CIDE, División de Economía.
    77. Littke, Helge C. N. & Eichler, Stefan & Tonzer, Lena, 2016. "Central Bank Transparency and Cross-Border Banking," VfS Annual Conference 2016 (Augsburg): Demographic Change 145598, Verein für Socialpolitik / German Economic Association.
    78. Phan, Tuan, 2013. "Should Central Banks publish interest rate forecasts? - A Survey," MPRA Paper 44676, University Library of Munich, Germany, revised 01 Mar 2013.
    79. Ruiz-Buforn, Alba & Alfarano, Simone & Camacho-Cuena, Eva, 2019. "Price distortions and public information: theory, experiments and simulations," MPRA Paper 93288, University Library of Munich, Germany.
    80. Rangvid, Jesper & Schmeling, Maik & Schrimpf, Andreas, 2013. "What do professional forecasters' stock market expectations tell us about herding, information extraction and beauty contests?," Journal of Empirical Finance, Elsevier, vol. 20(C), pages 109-129.
    81. Baeriswyl, Romain, 2007. "Central Bank's Action and Communication," Discussion Papers in Economics 1381, University of Munich, Department of Economics.
    82. Paul Hubert, 2010. "Monetary policy, imperfect information and the expectations channel [Politique monétaire,information imparfaite et canal des anticipations]," SciencePo Working papers Main tel-04095385, HAL.
    83. Ruiz-Buforn, Alba & Alfarano, Simone & Camacho-Cuena, Eva & Morone, Andrea, 2018. "Crowding out effect and traders' overreliance on public information in financial markets: a lesson from the lab," MPRA Paper 88866, University Library of Munich, Germany.
    84. Petra M. Geraats, 2008. "ECB Credibility and Transparency," European Economy - Economic Papers 2008 - 2015 330, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    85. Torun Dewan & David P Myatt, 2012. "On the rhetorical strategies of leaders: Speaking clearly, standing back, and stepping down," Journal of Theoretical Politics, , vol. 24(4), pages 431-460, October.
    86. Paul Hubert, 2010. "Monetary Policy, Imperfect Information and the Expectations Channel," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.
    87. Jalali Naini , Ahmad-Reza & Naderian , Mohammad-Amin, 2014. "Social Value of Information and Optimal Communication Policy of Central Banks," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 9(3), pages 31-57, April.

  54. Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," Econometrica, Econometric Society, vol. 73(6), pages 1771-1813, November.
    See citations under working paper version above.
  55. Stephen Morris & Hyun Song Shin, 2004. "Liquidity Black Holes," Review of Finance, Springer, vol. 8(1), pages 1-18.
    See citations under working paper version above.
  56. Giancarlo Corsetti & Amil Dasgupta & Stephen Morris & Hyun Song Shin, 2004. "Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(1), pages 87-113.
    See citations under working paper version above.
  57. Morris, Stephen & Shin, Hyun Song, 2004. "Coordination risk and the price of debt," European Economic Review, Elsevier, vol. 48(1), pages 133-153, February.
    See citations under working paper version above.
  58. Morris, Stephen & Ui, Takashi, 2004. "Best response equivalence," Games and Economic Behavior, Elsevier, vol. 49(2), pages 260-287, November.
    See citations under working paper version above.
  59. Frankel, David M. & Morris, Stephen & Pauzner, Ady, 2003. "Equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 1-44, January.
    See citations under working paper version above.
  60. Stephen Morris & Hyun Song Shin, 2002. "Social Value of Public Information," American Economic Review, American Economic Association, vol. 92(5), pages 1521-1534, December.

    Cited by:

    1. Alexandre Kohlhas, 2015. "Learning-by-Sharing: Monetary Policy and the Information Content of Public Signals," 2015 Meeting Papers 57, Society for Economic Dynamics.
    2. Michel Beine & Agnes Bénassy-Quéré & Ronald MacDonald, 2007. "The impact of Central Bank intervention on exchange rate forecasts heterogeneity," ULB Institutional Repository 2013/10423, ULB -- Universite Libre de Bruxelles.
    3. Christian Hellwig, 2004. "Heterogeneous Information and the Benefits of Public Information Disclosures (October 2005)," UCLA Economics Online Papers 283, UCLA Department of Economics.
    4. Charles Goodhart, 2009. "The Interest Rate Conditioning Assumption," International Journal of Central Banking, International Journal of Central Banking, vol. 5(2), pages 85-108, June.
    5. Steve Brito & Mr. Yan Carriere-Swallow & Bertrand Gruss, 2018. "Disagreement about Future Inflation: Understanding the Benefits of Inflation Targeting and Transparency," IMF Working Papers 2018/024, International Monetary Fund.
    6. Alejandro Melo Ponce, 2018. "The Secret Behind The Tortoise and the Hare: Information Design in Contests," 2018 Papers pme809, Job Market Papers.
    7. Michele Berardi, 2011. "Strategic interactions, incomplete information and learning," Centre for Growth and Business Cycle Research Discussion Paper Series 157, Economics, The University of Manchester.
    8. Benjamin Born & Michael Ehrmann & Marcel Fratzscher, 2011. "How Should Central Banks Deal with a Financial Stability Objective? The Evolving Role of Communication as a Policy Instrument," Chapters, in: Sylvester Eijffinger & Donato Masciandaro (ed.), Handbook of Central Banking, Financial Regulation and Supervision, chapter 9, Edward Elgar Publishing.
    9. Herrada, Rafael & Pérez, Fernando & Montoro, Carlos & Castillo, Paul, 2020. "La comunicación de la política monetaria en los bancos centrales de América del Sur," Revista Moneda, Banco Central de Reserva del Perú, issue 181, pages 4-9.
    10. Yulei Luo & Jun Nie & Eric R. Young, 2013. "Robust Control, Informational Frictions, and International Consumption Correlations," Working Papers 212013, Hong Kong Institute for Monetary Research.
    11. Stanislav Hába, 2016. "Verbální intervence ČNB: reaguje devizový kurz na slova bankovní rady? [Czech National Bank Verbal Interventions: Does the Exchange Rate React to Words from CNB Bank Board?]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(4), pages 405-419.
    12. Ming Yi, 2017. "Dynamic beauty contests: Learning from the winners to win?," Journal of Economics, Springer, vol. 122(1), pages 67-92, September.
    13. Coibion, Olivier & Gorodnichenko, Yuriy & Kumar, Saten & Ryngaert, Jane, 2021. "Do You Know that I Know that You Know…? Higher-Order Beliefs in Survey Data," Department of Economics, Working Paper Series qt5cd1r3bd, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    14. Eijffinger, S.C.W. & Geraats, P., 2002. "How Transparent are Central Banks?," Other publications TiSEM fbb8af2d-0508-4185-9710-4, Tilburg University, School of Economics and Management.
    15. George-Marios Angeletos & Alessandro Pavan, 2008. "Policy with Dispersed Information," Carlo Alberto Notebooks 86, Collegio Carlo Alberto.
    16. Mostafa Beshkar & Jee-Hyeong Park, 2017. "Dispute Settlement with Second-Order Uncertainty: The Case of International Trade Disputes," CAEPR Working Papers 2017-010, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    17. Gaballo, G., 2012. "Private Uncertainty and Multiplicity," Working papers 387, Banque de France.
    18. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
    19. Achim Hecker & Tobias Kretschmer, 2014. "Public R&D as a Standard-Setting Device," Industry and Innovation, Taylor & Francis Journals, vol. 21(7-8), pages 599-615, November.
    20. Carlos Madeira & João Madeira, 2019. "The Effect of FOMC Votes on Financial Markets," The Review of Economics and Statistics, MIT Press, vol. 101(5), pages 921-932, December.
    21. Iovino, Luigi & Angeletos, George-Marios & La'O, Jennifer, 2020. "Learning over the Business Cycle: Policy Implications," CEPR Discussion Papers 14577, C.E.P.R. Discussion Papers.
    22. Trabelsi, Emna & Hichri, Walid, 2021. "Central Bank Transparency with (semi-)public Information: Laboratory Experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
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    762. Kawamura, Kohei & Vlaseros, Vasileios, 2017. "Expert information and majority decisions," Journal of Public Economics, Elsevier, vol. 147(C), pages 77-88.
    763. Keiichi Morimoto, 2021. "Information Use and the Condorcet Jury Theorem," Mathematics, MDPI, vol. 9(10), pages 1-22, May.
    764. Goodhart, Charles & Bin Lim, Wen, 2008. "Interest rate forecasts: a pathology," LSE Research Online Documents on Economics 24431, London School of Economics and Political Science, LSE Library.
    765. Udo Broll & Bernhard Eckwert & Kit Pong Wong, 2014. "Transparency and Risk Sharing in International Trade," Manchester School, University of Manchester, vol. 82(6), pages 716-731, December.
    766. Kets, Willemien & Sandroni, Alvaro, 2019. "A belief-based theory of homophily," Games and Economic Behavior, Elsevier, vol. 115(C), pages 410-435.
    767. Erhao Xie, 2018. "Inference in Games Without Nash Equilibrium: An Application to Restaurants, Competition in Opening Hours," Staff Working Papers 18-60, Bank of Canada.
    768. Baeriswyl, Romain, 2007. "Central Bank's Action and Communication," Discussion Papers in Economics 1381, University of Munich, Department of Economics.
    769. Christian Leuz & Peter D. Wysocki, 2016. "The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research," Journal of Accounting Research, Wiley Blackwell, vol. 54(2), pages 525-622, May.
    770. Paul Hubert, 2010. "Monetary policy, imperfect information and the expectations channel [Politique monétaire,information imparfaite et canal des anticipations]," SciencePo Working papers Main tel-04095385, HAL.
    771. Julián Andrada-Félix & Adrian Fernandez-Perez & Fernando Fernández-Rodríguez & Simón Sosvilla-Rivero, 2022. "Time connectedness of fear," Empirical Economics, Springer, vol. 62(3), pages 905-931, March.
      • Julián Andrada-Félixa & Adrian Fernandez-Perez & Fernando Fernández-Rodríguez & Simón Sosvilla-Rivero, 2018. "“Time connectedness of fear”," IREA Working Papers 201818, University of Barcelona, Research Institute of Applied Economics, revised Sep 2018.
    772. Ui, Takashi, 2016. "Bayesian Nash equilibrium and variational inequalities," Journal of Mathematical Economics, Elsevier, vol. 63(C), pages 139-146.
    773. Attila Ambrus & Aaron Kolb, 2021. "On defining ex ante payoffs in games with diffuse prior," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(2), pages 445-472, September.
    774. Bischof, Jannis & Laux, Christian & Leuz, Christian, 2021. "Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis," Journal of Financial Economics, Elsevier, vol. 141(3), pages 1188-1217.
    775. José Jorge & Joana Rocha, 2015. "A Primer On Global Games Applied To Macroeconomics And Finance," Journal of Economic Surveys, Wiley Blackwell, vol. 29(5), pages 869-886, December.
    776. Roy, Jaideep & Silvers, Randy & Sun, Ching-Jen, 2019. "Majoritarian preference, utilitarian welfare and public information in Cournot oligopoly," Games and Economic Behavior, Elsevier, vol. 116(C), pages 269-288.
    777. Jihad C. Elnaboulsi & Wassim Daher & Yiğit Sağlam, 2023. "Environmental taxation, information precision, and information sharing," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(2), pages 301-341, April.
    778. Daniel Susskind, 2022. "Rational inattention and public signals," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(2), pages 225-255, February.
    779. Martineau, Charles & Mondria, Jordi, 2022. "News Selection and Asset Pricing Implications," SocArXiv ame2f, Center for Open Science.
    780. Andrew Williams, 2014. "The effect of transparency on output volatility," Economics of Governance, Springer, vol. 15(2), pages 101-129, May.
    781. Tomoya Nakamura, 2014. "One-Leader and Multiple-Follower Stackelberg Games with Private Information," ISER Discussion Paper 0908r, Institute of Social and Economic Research, Osaka University, revised Aug 2014.
    782. Maciej Ryczkowski, 2017. "Forward Guidance, Pros, Cons and Credibility," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(5), pages 523-541.
    783. Hiroaki Sakamoto, 2014. "Public Bads, Heterogeneous Beliefs, and the Value of Information," Discussion papers e-13-009, Graduate School of Economics Project Center, Kyoto University.
    784. Choi, Sangyup & Hashimoto, Yuko, 2018. "Does transparency pay? Evidence from IMF data transparency policy reforms and emerging market sovereign bond spreads," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 171-190.
    785. Ruiz-Buforn, Alba & Alfarano, Simone & Camacho-Cuena, Eva & Morone, Andrea, 2018. "Crowding out effect and traders' overreliance on public information in financial markets: a lesson from the lab," MPRA Paper 88866, University Library of Munich, Germany.
    786. Booth, G. Geoffrey & Gurun, Umit G. & Zhang, Harold, 2014. "Financial networks and trading in bond markets," Journal of Financial Markets, Elsevier, vol. 18(C), pages 126-157.
    787. Timothy Shields & Baohua Xin, 2012. "Higher-order Beliefs in Simple Trading Models," Working Papers 12-18, Chapman University, Economic Science Institute.
    788. Stijn Claessens & Ricardo Correa & Juan M. Londono, 2021. "Financial Stability Governance and Central Bank Communications," International Finance Discussion Papers 1328, Board of Governors of the Federal Reserve System (U.S.).
    789. Volker Hahn, 2009. "Why the Publication of Socially Harmful Information May Be Socially Desirable," CER-ETH Economics working paper series 09/122, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    790. Petra M. Geraats, 2008. "ECB Credibility and Transparency," European Economy - Economic Papers 2008 - 2015 330, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    791. Torun Dewan & David P Myatt, 2012. "On the rhetorical strategies of leaders: Speaking clearly, standing back, and stepping down," Journal of Theoretical Politics, , vol. 24(4), pages 431-460, October.
    792. Grout, Paul A. & Mitraille, Sébastien & Sonderegger, Silvia, 2015. "The costs and benefits of coordinating with a different group," Journal of Economic Theory, Elsevier, vol. 160(C), pages 517-535.
    793. Dai, Meixing & Sidiropoulos, Moïse, 2009. "Public investment, distortionary taxes and monetary policy transparency," MPRA Paper 15858, University Library of Munich, Germany.
    794. Waldyr Areosa & Marta Areosa, 2012. "The Signaling Effect of Exchange Rates: pass-through under dispersed information," Working Papers Series 282, Central Bank of Brazil, Research Department.
    795. Juan David Prada-Sarmiento, 2011. "Multiple policymakers and the social value of public information," Borradores de Economia 670, Banco de la Republica de Colombia.
    796. Christian Hellwig, 2005. "Knowing What Others Know: Coordination Motives in Information Acquisition (March 2007, with Laura Veldkamp)," UCLA Economics Online Papers 369, UCLA Department of Economics.
    797. Zafar Hayat, 2017. "Pakistan’s Monetary Policy: Some Fundamental Issues," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 56(1), pages 31-58.
    798. Steven J. Bosworth, 2017. "The importance of higher-order beliefs to successful coordination," Experimental Economics, Springer;Economic Science Association, vol. 20(1), pages 237-258, March.
    799. Pearlman, Joseph G., 2005. "Central bank transparency and private information in a dynamic macroeconomic model," Working Paper Series 455, European Central Bank.
    800. Paul Hubert, 2010. "Monetary Policy, Imperfect Information and the Expectations Channel," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.
    801. Takashi Ui, 2020. "The Lucas imperfect information model with imperfect common knowledge," The Japanese Economic Review, Springer, vol. 71(1), pages 85-100, January.
    802. Yang, Chunpeng & Cai, Chuangqun, 2014. "Higher order expectations in sentiment asset pricing model," Economic Modelling, Elsevier, vol. 39(C), pages 95-100.
    803. Carlos Madeira & Joao Madeira, 2015. "Dissent in FOMC Meeting and the Announcement Drift," Working Papers Central Bank of Chile 749, Central Bank of Chile.
    804. Marc-André Gosselin, 2007. "Central Bank Performance under Inflation Targeting," Staff Working Papers 07-18, Bank of Canada.
    805. Rafkin, Charlie & Shreekumar, Advik & Vautrey, Pierre-Luc, 2021. "When guidance changes: Government stances and public beliefs," Journal of Public Economics, Elsevier, vol. 196(C).
    806. Michail Anthropelos & Scott Robertson, 2024. "Strategic Informed Trading and the Value of Private Information," Papers 2404.08757, arXiv.org.
    807. Jalali Naini , Ahmad-Reza & Naderian , Mohammad-Amin, 2014. "Social Value of Information and Optimal Communication Policy of Central Banks," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 9(3), pages 31-57, April.
    808. Guo, Zi-Yi, 2017. "Information heterogeneity, housing dynamics and the business cycle," Economics Discussion Papers 2017-17, Kiel Institute for the World Economy (IfW Kiel).
    809. Goodhart, Charles, 2015. "The interest rate conditioning assumption," LSE Research Online Documents on Economics 24666, London School of Economics and Political Science, LSE Library.
    810. Eric M. Leeper, 2011. "Anchors Aweigh: How Fiscal Policy Can Undermine “Good” Monetary Policy," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia (ed.),Monetary Policy under Financial Turbulence, edition 1, volume 16, chapter 11, pages 411-453, Central Bank of Chile.
    811. Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).
    812. Cabrales, Antonio & Drouvelis, Michalis & Gurguc, Zeynep & Ray, Indrajit, 2018. "Do we need to listen to all stakeholders?: communicating in a coordination game with private information," Cardiff Economics Working Papers E2018/23, Cardiff University, Cardiff Business School, Economics Section.
    813. Blake, Andrew P. & Zampolli, Fabrizio, 2011. "Optimal policy in Markov-switching rational expectations models," Journal of Economic Dynamics and Control, Elsevier, vol. 35(10), pages 1626-1651, October.
    814. Susanna Gallani & Takehisa Kajiwara & Ranjani Krishnan, 2015. "Does Mandatory Measurement and Peer Reporting Improve Performance?," Harvard Business School Working Papers 16-018, Harvard Business School, revised Mar 2017.
    815. Jonathan G. James & Phillip Lawler, 2015. "Heterogeneous private sector information, central bank disclosure, and stabilization policy," Southern Economic Journal, John Wiley & Sons, vol. 82(2), pages 620-634, October.
    816. Franklin Allen & Stephen Morris & Hyun Song Shin, 2003. "Beauty Contests, Bubbles and Iterated Expectations in Asset Markets Capital Adequacy Regulation: In Search of a Rationale," Center for Financial Institutions Working Papers 03-06, Wharton School Center for Financial Institutions, University of Pennsylvania.
    817. Ormazabal, Gaizka & Bonetti, Pietro & Duro, Miguel, 2019. "Disclosure Regulation and Corporate Acquisitions," CEPR Discussion Papers 13458, C.E.P.R. Discussion Papers.
    818. Marie Musard-Gies, 2005. "Do ECB's statements steer short-term and long-term interest rates in the euro zone?," Money Macro and Finance (MMF) Research Group Conference 2005 56, Money Macro and Finance Research Group.
    819. Masters, Adrian, 2009. "Matching with interviews," Journal of Economic Dynamics and Control, Elsevier, vol. 33(4), pages 938-954, April.
    820. Ethan Struby & Christina Farhart, 2024. "Inflation Expectations and Political Polarization: Evidence from the Cooperative Election Study," Working Papers 2024-01, Carleton College, Department of Economics.
    821. Otmar Issing, 2012. "Central Banks - Paradise Lost," IMES Discussion Paper Series 12-E-10, Institute for Monetary and Economic Studies, Bank of Japan.
    822. Xingqiang Du, 2015. "How the Market Values Greenwashing? Evidence from China," Journal of Business Ethics, Springer, vol. 128(3), pages 547-574, May.
    823. Etro, Federico, 2017. "Research in economics and game theory. A 70th anniversary," Research in Economics, Elsevier, vol. 71(1), pages 1-7.

  61. Morris Stephen E, 2002. "Faulty Communication: Some Variations on the Electronic Mail Game," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 1(1), pages 1-26, January.

    Cited by:

    1. K.J.M. De Jaegher, 2015. "Beneficial Long Communication in the Multi-Player Electronic Mail Game," Working Papers 15-09, Utrecht School of Economics.
    2. Taneva, Ina & Mathevet, Laurent, 2022. "Organized Information Transmission," CEPR Discussion Papers 16959, C.E.P.R. Discussion Papers.
    3. Jakub Steiner & Colin Stewart, 2010. "Communication, Timing, and Common Learning," Working Papers tecipa-389, University of Toronto, Department of Economics.
    4. K. de Jaegher, 2007. "Communication Networks in the N-Player Electronic Mail Game," Working Papers 07-10, Utrecht School of Economics.
    5. Koji Takamiya & Akira Tanaka, 2006. "Mutual Knowledge of Rationality in the Electronic Mail Game," ISER Discussion Paper 0650, Institute of Social and Economic Research, Osaka University.

  62. Jeffery D. Amato & Stephen Morris & Hyun Song Shin, 2002. "Communication and Monetary Policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(4), pages 495-503.
    See citations under working paper version above.
  63. Stephen Morris, 2002. "Coordination, Communication, and Common Knowledge: A Retrospective on the Electronic-mail Game," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(4), pages 433-445.
    See citations under working paper version above.
  64. Baliga, Sandeep & Morris, Stephen, 2002. "Co-ordination, Spillovers, and Cheap Talk," Journal of Economic Theory, Elsevier, vol. 105(2), pages 450-468, August.
    See citations under working paper version above.
  65. Mailath, George J. & Morris, Stephen, 2002. "Repeated Games with Almost-Public Monitoring," Journal of Economic Theory, Elsevier, vol. 102(1), pages 189-228, January.
    See citations under working paper version above.
  66. Stephen Morris, 2001. "Political Correctness," Journal of Political Economy, University of Chicago Press, vol. 109(2), pages 231-265, April.
    See citations under working paper version above.
  67. Morris, Stephen & Skiadas, Costis, 2000. "Rationalizable Trade," Games and Economic Behavior, Elsevier, vol. 31(2), pages 311-323, May.
    See citations under working paper version above.
  68. Stephen Morris, 2000. "Contagion," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 57-78.
    See citations under working paper version above.
  69. Morris, Stephen & Shin, Hyun Song, 1999. "Risk Management with Interdependent Choice," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 15(3), pages 52-62, Autumn.

    Cited by:

    1. Pegah Dehghani & Ros Zam Zam Sapian, 2014. "Sectoral herding behavior in the aftermarket of Malaysian IPOs," Venture Capital, Taylor & Francis Journals, vol. 16(3), pages 227-246, July.
    2. Ronit Mukherji, 2023. "Risk Sharing in Public-Private Partnerships," SN Operations Research Forum, Springer, vol. 4(4), pages 1-17, December.
    3. Christine M. Cumming & Beverly Hirtle, 2001. "The challenges of risk management in diversified financial companies," Economic Policy Review, Federal Reserve Bank of New York, issue Mar, pages 1-17.
    4. Philippe Jorion, 2005. "Bank Trading Risk and Systemic Risk," NBER Working Papers 11037, National Bureau of Economic Research, Inc.
    5. Danielsson, Jon & Shin, Hyun Song & Zigrand, Jean-Pierre, 2004. "The impact of risk regulation on price dynamics," LSE Research Online Documents on Economics 16628, London School of Economics and Political Science, LSE Library.
    6. Stephanie Kremer & Dieter Nautz, 2013. "Short†term Herding of Institutional Traders: New Evidence from the German Stock Market," European Financial Management, European Financial Management Association, vol. 19(4), pages 730-746, September.
    7. James O'Brien & Jeremy Berkowitz, 2005. "Estimating Bank Trading Risk: A Factor Model Approach," NBER Working Papers 11608, National Bureau of Economic Research, Inc.
    8. Borio, Claudio & Tsatsaronis, Kostas, 2004. "Accounting and prudential regulation: from uncomfortable bedfellows to perfect partners?," Journal of Financial Stability, Elsevier, vol. 1(1), pages 111-135, September.
    9. Segoviano, Miguel A., 2006. "Conditional probability of default methodology," LSE Research Online Documents on Economics 24512, London School of Economics and Political Science, LSE Library.
    10. Cornelis A. Los & Rossitsa M. Yalamova, 2004. "Multi-Fractal Spectral Analysis of the 1987 Stock Market Crash," Finance 0409050, University Library of Munich, Germany.
    11. BenMabrouk, Houda & Litimi, Houda, 2018. "Cross herding between American industries and the oil market," The North American Journal of Economics and Finance, Elsevier, vol. 45(C), pages 196-205.
    12. Rodrigo Cifuentes & Hyun Song Shin & Gianluigi Ferrucci, 2005. "Liquidity Risk and Contagion," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 556-566, 04/05.
    13. Plantin, Guillaume & Sapra, Haresh & Shin, Hyun-Song, 2005. "Marking to Market, Liquidity, and Financial Stability," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 23(S1), pages 133-155, October.
    14. Jon Danielsson, 2000. "The Emperor has no Clothes: Limits to Risk Modelling," FMG Special Papers sp126, Financial Markets Group.
    15. Miguel Segoviano, 2006. "Conditional Probabilty of Default Methodolgy," FMG Discussion Papers dp558, Financial Markets Group.
    16. Roberto Casarin & Flaminio Squazzoni, 2012. "Financial press and stock markets in times of crisis," Working Papers 2012_04, Department of Economics, University of Venice "Ca' Foscari".
    17. Segoviano, Miguel A., 2006. "Consistent information multivariate density optimizing methodology," LSE Research Online Documents on Economics 24511, London School of Economics and Political Science, LSE Library.
    18. Pagratis, Spyros, 2004. "Co-ordination failure and the role of banks in the resolution of financial distress," LSE Research Online Documents on Economics 24939, London School of Economics and Political Science, LSE Library.
    19. Jean-Pierre Zigrand & Jon Danielsson & Hyun Song Shin, 2001. "Asset Price Dynamics with Value-at-Risk Constrained Traders," FMG Discussion Papers dp394, Financial Markets Group.
    20. Andrew G Haldane & Jorg Scheibe, 2004. "IMF lending and creditor moral hazard," Bank of England working papers 216, Bank of England.
    21. David M Harrison & Mark A. Lane & Michael J. Seiler, 2014. "Mimetic Herding Behavior and the Decision to Strategically Default," Framed Field Experiments 00625, The Field Experiments Website.
    22. Piergiorgio Alessandri & Prasanna Gai & Sujit Kapadia & Nada Mora & Claus Puhr, 2009. "Towards a Framework for Quantifying Systemic Stability," International Journal of Central Banking, International Journal of Central Banking, vol. 5(3), pages 47-81, September.
    23. Roberto Casarin & Flaminio Squazzoni, 2013. "Being on the Field When the Game Is Still Under Way. The Financial Press and Stock Markets in Times of Crisis," PLOS ONE, Public Library of Science, vol. 8(7), pages 1-14, July.
    24. Yarovaya, Larisa & Matkovskyy, Roman & Jalan, Akanksha, 2021. "The effects of a “black swan” event (COVID-19) on herding behavior in cryptocurrency markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 75(C).
    25. Michel Aglietta, 2003. "Le risque systémique dans la finance libéralisée," Revue d'Économie Financière, Programme National Persée, vol. 70(1), pages 33-50.
    26. Makoto Nirei & Theodoros Stamatiou & Vladyslav Sushko, 2012. "Stochastic Herding in Financial Markets Evidence from Institutional Investor Equity Portfolios," BIS Working Papers 371, Bank for International Settlements.
    27. Ulrich Erlenmaier & Hans Gersbach, 2001. "The Funds Concentration Effect and Discriminatory Bailout," CESifo Working Paper Series 591, CESifo.
    28. Hyytinen, Ari & Takalo, Tuomas, 2003. "Preventing systemic crises through bank transparency," Bank of Finland Research Discussion Papers 25/2003, Bank of Finland.
    29. Mobarek, Asma & Mollah, Sabur & Keasey, Kevin, 2014. "A cross-country analysis of herd behavior in Europe," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 32(C), pages 107-127.

  70. Stephen Morris, 1999. "Approximate common knowledge revisited," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(3), pages 385-408.
    See citations under working paper version above.
  71. Stephen Morris & Stephen Coate, 1999. "Policy Persistence," American Economic Review, American Economic Association, vol. 89(5), pages 1327-1336, December.
    See citations under working paper version above.
  72. Morris, Stephen & Shin, Hyun Song, 1998. "Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks," American Economic Review, American Economic Association, vol. 88(3), pages 587-597, June.
    See citations under working paper version above.
  73. Kajii, Atsushi & Morris, Stephen, 1998. "Payoff Continuity in Incomplete Information Games," Journal of Economic Theory, Elsevier, vol. 82(1), pages 267-276, September.
    See citations under working paper version above.
  74. Stephen Morris, 1997. "Risk, uncertainty and hidden information," Theory and Decision, Springer, vol. 42(3), pages 235-269, May.

    Cited by:

    1. Gertsman, Gleb, 2023. "Behavioral preferences and beliefs in asset pricing," Other publications TiSEM c7196596-1bf8-47c9-a147-6, Tilburg University, School of Economics and Management.
    2. Di Maggio, Marco, 2009. "Sweet Talk: A Theory of Persuasion," MPRA Paper 18697, University Library of Munich, Germany.
    3. Sujoy Mukerji & Jean-Marc Tallon & Université Paris I Panthéon-Sorbonne, 2000. "Ambiguity Aversion and Incompleteness of Financial Markets," Economics Series Working Papers 46, University of Oxford, Department of Economics.
    4. Daniel Krähmer & Rebecca Stone, 2013. "Anticipated regret as an explanation of uncertainty aversion," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(2), pages 709-728, March.
    5. Marco Ottaviani & Peter Norman Sørensen, 2009. "Aggregation of Information and Beliefs: Asset Pricing Lessons from Prediction Markets," Discussion Papers 09-14, University of Copenhagen. Department of Economics.
    6. Matthias Sutter & Martin G. Kocher & Daniela Rützler & Stefan T. Trautmann, 2011. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," CESifo Working Paper Series 3635, CESifo.
    7. Kaivanto, Kim & Stoneman, Paul, 2007. "Public provision of sales contingent claims backed finance to SMEs: A policy alternative," Research Policy, Elsevier, vol. 36(5), pages 637-651, June.
    8. Dominiak, Adam & Duersch, Peter, 2019. "Interactive Ellsberg tasks: An experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 161(C), pages 145-157.
    9. Eric J. Van den Steen, 2009. "Culture Clash: The Costs and Benefits of Homogeneity," Harvard Business School Working Papers 10-003, Harvard Business School.
    10. Rasmusen, Eric, 2010. "Career concerns and ambiguity aversion," Economics Letters, Elsevier, vol. 108(2), pages 175-177, August.
    11. Stefan Trautmann & Ferdinand Vieider & Peter Wakker, 2008. "Causes of ambiguity aversion: Known versus unknown preferences," Journal of Risk and Uncertainty, Springer, vol. 36(3), pages 225-243, June.

  75. Atsushi Kajii & Stephen Morris, 1997. "The Robustness of Equilibria to Incomplete Information," Econometrica, Econometric Society, vol. 65(6), pages 1283-1310, November.
    See citations under working paper version above.
  76. Dutta, Jayasri & Morris, Stephen, 1997. "The Revelation of Information and Self-Fulfilling Beliefs," Journal of Economic Theory, Elsevier, vol. 73(1), pages 231-244, March.
    See citations under working paper version above.
  77. Hyun Song Shin & Stephen Morris, 1997. "The rationality and efficacy of decisions under uncertainty and the value of an experiment (*)," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(2), pages 309-324.

    Cited by:

    1. Francesco Squintani, 1999. "On-the-Job Signaling and Self-Confidence," Discussion Papers 1274, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Fukuda, Satoshi, 2021. "Unawareness without AU Introspection," Journal of Mathematical Economics, Elsevier, vol. 94(C).
    3. Galanis, Spyros, 2015. "The value of information under unawareness," Journal of Economic Theory, Elsevier, vol. 157(C), pages 384-396.
    4. Galanis, Spyros, 2016. "The value of information in risk-sharing environments with unawareness," Games and Economic Behavior, Elsevier, vol. 97(C), pages 1-18.

  78. Kajii, Atsushi & Morris, Stephen, 1997. "Commonp-Belief: The General Case," Games and Economic Behavior, Elsevier, vol. 18(1), pages 73-82, January.

    Cited by:

    1. Boris Salazar & María del Pilar Castillo, 2003. "Rationality, preferences and irregular war," Colombian Economic Journal, Universidad Nacional de Colombia, FCE, CID, April.
      • Boris Salazar & Maria del Pilar Castillo, 2003. "Rationality, preferences and irregular war," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 1(1), pages 15-33, December.
    2. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    3. Atsushi Kajii & Stephen Morris, "undated". "The Robustness of Equilibria to Incomplete Information," Penn CARESS Working Papers ed504c985fc375cbe719b3f60, Penn Economics Department.
    4. Stefan Pitschner & Kristoffer Nimark, 2015. "State-Dependent Media Focus: Measurement and Economic Implications," 2015 Meeting Papers 1030, Society for Economic Dynamics.
    5. Stephen Morris & Hyun S Shin, 2001. "Global Games: Theory and Applications," Levine's Working Paper Archive 122247000000001080, David K. Levine.
    6. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2003. "Coordination and Policy Traps," NBER Working Papers 9767, National Bureau of Economic Research, Inc.
    7. Satoshi Fukuda, 2018. "Epistemic Foundations for Set-algebraic Representations of Knowledge," Working Papers 633, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    8. Christian Hellwig, 2004. "Dynamic Global Games of Regime Change: Learning, Multiplicity and Timing of Attacks (August 2006, with George-Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 279, UCLA Department of Economics.
    9. Jackson, Matthew O. & Rodriguez-Barraquer, Tomas & Tan, Xu, 2012. "Epsilon-equilibria of perturbed games," Games and Economic Behavior, Elsevier, vol. 75(1), pages 198-216.
    10. Hellwig, Christian, 2002. "Public Information, Private Information, and the Multiplicity of Equilibria in Coordination Games," Journal of Economic Theory, Elsevier, vol. 107(2), pages 191-222, December.
    11. Cy Maor & Eilon Solan, 2014. "Cooperation under Incomplete Information on the Discount Factors," Papers 1411.1368, arXiv.org.

  79. Morris, Stephen, 1996. "The Logic of Belief and Belief Change: A Decision Theoretic Approach," Journal of Economic Theory, Elsevier, vol. 69(1), pages 1-23, April.

    Cited by:

    1. Robin Hanson, 2003. "For Bayesian Wannabes, Are Disagreements Not About Information?," Theory and Decision, Springer, vol. 54(2), pages 105-123, March.
    2. Schipper, Burkhard C, 2011. "Preference-Based Unawareness," MPRA Paper 30221, University Library of Munich, Germany.
    3. Antoine Billot & Vassili Vergopoulos, 2014. "Expected Utility without Parsimony," Post-Print halshs-01021392, HAL.
    4. Oliver Walker, 2011. "Unawareness with �possible� possible worlds," GRI Working Papers 69, Grantham Research Institute on Climate Change and the Environment.
    5. Burkhard Schipper, 2011. "Awareness-Dependent Subjective Expected Utility," Working Papers 264, University of California, Davis, Department of Economics.
    6. Fukuda, Satoshi, 2021. "Unawareness without AU Introspection," Journal of Mathematical Economics, Elsevier, vol. 94(C).
    7. Michael Trost, 2013. "Epistemic characterizations of iterated deletion of inferior strategy profiles in preference-based type spaces," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(3), pages 755-776, August.
    8. Jack Stecher & Radhika Lunawat & Kira Pronin & John Dickhaut, 2007. "Decision Making and Trade without Probabilities," CIRANO Working Papers 2007s-21, CIRANO.
    9. Xiao Luo & Yi-Chun Chen, 2004. "A Unified Approach to Information, Knowledge, and Stability," Econometric Society 2004 Far Eastern Meetings 472, Econometric Society.
    10. Fukuda, Satoshi, 2020. "Formalizing common belief with no underlying assumption on individual beliefs," Games and Economic Behavior, Elsevier, vol. 121(C), pages 169-189.
    11. Áron Tóbiás, 2023. "Cognitive limits and preferences for information," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 46(1), pages 221-253, June.
    12. Tsakas, Elias & Voorneveld, Mark, 2007. "Efficient communication, common knowledge, and consensus," Working Papers in Economics 255, University of Gothenburg, Department of Economics.
    13. Gossner, Olivier & Tsakas, Elias, 2007. "Testing Rationality on Primitive Knowledge," Working Papers in Economics 275, University of Gothenburg, Department of Economics.
    14. Satoshi Fukuda, 2018. "Epistemic Foundations for Set-algebraic Representations of Knowledge," Working Papers 633, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    15. Piermont, Evan, 2017. "Introspective unawareness and observable choice," Games and Economic Behavior, Elsevier, vol. 106(C), pages 134-152.
    16. Antoine Billot, 2002. "The Deep Side of Preference Theory," Theory and Decision, Springer, vol. 53(3), pages 243-270, November.
    17. Burkhard Schipper, 2011. "Preference-Dependent Unawareness," Working Papers 269, University of California, Davis, Department of Economics.
    18. Ziv Hellman, 2012. "Deludedly Agreeing to Agree," Discussion Paper Series dp605, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    19. Satoshi Fukuda, 2018. "Representing Unawareness on State Spaces," Working Papers 635, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    20. Michele Crescenzi, 2023. "Group knowledge and individual introspection," Papers 2305.08729, arXiv.org, revised Sep 2023.

  80. Stephen Morris, 1996. "Speculative Investor Behavior and Learning," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(4), pages 1111-1133.
    See citations under working paper version above.
  81. Hyun Song Shin & Andrew Postlewaite & Stephen Morris, 1995. "Depth of knowledge and the effect of higher order uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(3), pages 453-467.

    Cited by:

    1. Rosemarie Nagel & Antonio Cabrales & Roc Armenter, 2002. "Equilibrium selection through incomplete information in coordination games: An experimental study," Economics Working Papers 601, Department of Economics and Business, Universitat Pompeu Fabra.
    2. John Conlon, 2005. "Should Central Banks Burst Bubbles?," Game Theory and Information 0508007, University Library of Munich, Germany.
    3. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    4. Rafiqul Bhuyan, 2002. "Information, Alternative Markets, and Security Price Processes: A Survey of Literature," Finance 0211002, University Library of Munich, Germany.
    5. Markus K. Brunnermeier & Martin Oehmke, 2012. "Bubbles, Financial Crises, and Systemic Risk," NBER Working Papers 18398, National Bureau of Economic Research, Inc.
    6. Philippe Jehiel & Frederic Koessler, 2005. "Revisiting Games of Incomplete Information with Analogy-Based Expectations," THEMA Working Papers 2005-04, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    7. Erik Ernesto Vazquez, 2021. "Effect of an e-retailer’s product category and social media platform selection on perceived quality of e-retail products," Electronic Markets, Springer;IIM University of St. Gallen, vol. 31(1), pages 139-157, March.
    8. Yasushi Asako & Yukihiko Funaki & Kozo Ueda & Nobuyuki Uto, 2017. "Symmetric information bubbles: Experimental evidence," CAMA Working Papers 2017-05, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    9. Franklin Allen & Stephen Morris & Hyun Song Shin, 2003. "Beauty Contests, Bubbles and Iterated Expectations in Asset Markets," NajEcon Working Paper Reviews 391749000000000553, www.najecon.org.
    10. Moinas, Sophie & Pouget, Sébastien, 2009. "The Bubble Game : An experimental Study of Speculation (An earlier version of this paper was circulated under the title "The Rational and Irrational Bubbles : an Experiment")," IDEI Working Papers 560, Institut d'Économie Industrielle (IDEI), Toulouse, revised Jan 2012.
    11. Frédéric KOESSLER, 2001. "Persuasion Games with Higher Order Uncertainty," Working Papers of BETA 2001-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    12. Crawford, VP, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," University of California at San Diego, Economics Working Paper Series qt04h694rz, Department of Economics, UC San Diego.
    13. Amil Dasgupta & Andrea Prat, 2005. "Reputation and Asset Prices: A Theory of Information Cascades and Systematic Mispricing," Levine's Bibliography 784828000000000368, UCLA Department of Economics.
    14. József Sákovics, 2001. "Games of Incomplete Information Without Common Knowledge Priors," Theory and Decision, Springer, vol. 50(4), pages 347-366, June.
    15. John R. Conlon, 2008. "Should Central Banks Burst Bubbles? Some Microeconomic Issues," Levine's Working Paper Archive 122247000000002330, David K. Levine.
    16. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    17. Doncho Donev, 2017. "Price bubbles and financial markets efficiency," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 115-131.
    18. Liu, Feng & Conlon, John R., 2018. "The simplest rational greater-fool bubble model," Journal of Economic Theory, Elsevier, vol. 175(C), pages 38-57.
    19. Franklin Allen & Stephen Morris & Hyun Song Shin, 2003. "Beauty Contests, Bubbles and Iterated Expectations in Asset Markets Capital Adequacy Regulation: In Search of a Rationale," Center for Financial Institutions Working Papers 03-06, Wharton School Center for Financial Institutions, University of Pennsylvania.

  82. Morris, Stephen, 1995. "Inflation dynamics and the parallel market for foreign exchange," Journal of Development Economics, Elsevier, vol. 46(2), pages 295-316, April.

    Cited by:

    1. Victor A. B. Davies & Sylvain Dessy, 2014. "The Political Economy of Government Revenues in Postconflict Resource-Rich Africa: Liberia and Sierra Leone," NBER Chapters, in: African Successes, Volume I: Government and Institutions, pages 33-55, National Bureau of Economic Research, Inc.
    2. Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 2003. "Government Finance in the Wake of Currency Crises," RCER Working Papers 501, University of Rochester - Center for Economic Research (RCER).
    3. Perekunah. B. Eregha, 2022. "Asymmetric response of cpi inflation to exchange rates in oil-dependent developing economy: the case of Nigeria," Economic Change and Restructuring, Springer, vol. 55(2), pages 1091-1108, May.
    4. Kaufmann, Daniel & O'Connell, Stephen A., 1999. "The macroeconomics of delayed exchange-rate unification : theory and evidence from Tanzania," Policy Research Working Paper Series 2060, The World Bank.
    5. Mark Henstridge, 1998. "The reconstruction of a macroeconomic dataset for Uganda," CSAE Working Paper Series 1998-03, Centre for the Study of African Economies, University of Oxford.
    6. KANTA TANNIYOM & Paponpat Taveeapiradeecharoen & Prapatchon Jariyapan, 2015. "Modeling Dependency and Conditional Volatility between Asian Economic Community (AEC) Country Exchange Rate and Inflation Using the Copula-GARCH Model," Proceedings of International Academic Conferences 2704733, International Institute of Social and Economic Sciences.
    7. Thalmann, Philippe & Vielle, Marc & Viguier, Laurent, 2006. "Probabilistic GHG Emissions Forecasts under Energy Prices Uncertainty," Conference papers 331505, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

  83. Morris, Stephen & Rob, Rafael & Shin, Hyun Song, 1995. "Dominance and Belief Potential," Econometrica, Econometric Society, vol. 63(1), pages 145-157, January.
    See citations under working paper version above.
  84. Coate, Stephen & Morris, Stephen, 1995. "On the Form of Transfers in Special Interests," Journal of Political Economy, University of Chicago Press, vol. 103(6), pages 1210-1235, December.

    Cited by:

    1. Susanne Lohmann & Deborah M. Weiss, 2002. "Hidden Taxes and Representative Government: The Political Economy of the Ramsey Rule," Public Finance Review, , vol. 30(6), pages 579-611, November.
    2. Philip I. Levy, 2003. "Non-Tariff Barriers as a Test of Political Economy Theories," Working Papers 852, Economic Growth Center, Yale University.
    3. Anders Gustafsson, 2019. "Busy doing nothing: why politicians implement inefficient policies," Constitutional Political Economy, Springer, vol. 30(3), pages 282-299, September.
    4. Michela Redoano, 2010. "Does Centralization Affect the Number and Size of Lobbies?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(3), pages 407-435, June.
    5. Battaglini, Marco & Coate, Stephen, 2005. "Inefficiency in Legislative Policy-Making: A Dynamic Analysis," Papers 08-09-2005, Princeton University, Research Program in Political Economy.
    6. Kellogg, Ryan, 2020. "Output and attribute-based carbon regulation under uncertainty," Journal of Public Economics, Elsevier, vol. 190(C).
    7. Toke Aidt & Francesco Magris, 2004. "Capital Taxation and Electoral Accountability," Documents de recherche 04-18, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    8. Timothy Besley & Rohini Pande, 1998. "Read My Lips: The Political Economy of Information Transmission," STICERD - Theoretical Economics Paper Series 355, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    9. Frederico Finan, 2009. "Vote-Buying and Reciprocity," Working Papers id:1882, eSocialSciences.
    10. Tim Besley & Stephen Coate, "undated". ""An Economic Model of Representative Democracy''," CARESS Working Papres 95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    11. Dillenberger, David & Sadowski, Philipp, 2008. "Ashamed to be Selfish," MPRA Paper 8343, University Library of Munich, Germany.
    12. Marco Magnani, 2013. "Why do dictators like white elephants? An application of the all-pay auction," Economics Bulletin, AccessEcon, vol. 33(3), pages 2260-2269.
    13. Pedro Dal Bó & Andrew Foster & Louis Putterman, 2008. "Institutions and Behavior: Experimental Evidence on the Effects of Democracy," NBER Working Papers 13999, National Bureau of Economic Research, Inc.
    14. Alessandro Lizzeri & Nicola Persico, "undated". ""The Provision of Public Goods Under Alternative Electoral Incentives''," CARESS Working Papres 98-08, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    15. Johan F.M.Swinnen & Alessandro Olper & Thijs Vandemoortele, 2011. "The Political Economy of Policy Instrument Choice: Theory and Evidence from Agricultural Policies," LICOS Discussion Papers 27911, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    16. Massimo Bordignon, 2015. "Exit and Voice: Yardstick Versus Fiscal Competition Across Governments," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 1(1), pages 117-137, March.
    17. Jan K. Brueckner & Steven G. Craig & Kangoh Lee, 2019. "Samuelson Meets Federalism: Local Production of a National Public Good," CESifo Working Paper Series 7709, CESifo.
    18. Michael Smart & Daniel M. Sturm, 2006. "Term Limits and Electoral Accountability," CEP Discussion Papers dp0770, Centre for Economic Performance, LSE.
    19. Siddhartha Bandyopadhyay & Manaswini Bhalla & Kalysan Chatterjee & Jaideep Roy, 2014. "Ideological Dissent in Downsian Politics," Discussion Papers 14-04, Department of Economics, University of Birmingham.
    20. Allan Drazen & Nuno Limão, 2008. "A Bargaining Theory Of Inefficient Redistribution Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(2), pages 621-657, May.
    21. Coate, Stephen, 2000. "An Efficiency Approach to the Evaluation of Policy Changes," Economic Journal, Royal Economic Society, vol. 110(463), pages 437-455, April.
    22. Zohal Hessami & Silke Uebelmesser, 2016. "A political-economy perspective on social expenditures: corruption and in-kind versus cash transfers," Economics of Governance, Springer, vol. 17(1), pages 71-100, February.
    23. Guriev, Sergei & Treisman, Daniel, 2020. "A theory of informational autocracy," Journal of Public Economics, Elsevier, vol. 186(C).
    24. Tribin, Ana, 2020. "Chasing votes with the public budget," European Journal of Political Economy, Elsevier, vol. 63(C).
    25. Jennings, Colin, 2009. "The Good, the Bad and the Populist: A Model of Political Agency with Emotional Voters," SIRE Discussion Papers 2009-30, Scottish Institute for Research in Economics (SIRE).
    26. Saint-Paul, Gilles & Ticchi, Davide & Vindigni, Andrea, 2012. "A Theory of Political Entrenchment," IZA Discussion Papers 6473, Institute of Labor Economics (IZA).
    27. Hodler, R. & Loertscher , S. & Rohner, D., 2007. "Inefficient Policies and Incumbency Advantage," Cambridge Working Papers in Economics 0738, Faculty of Economics, University of Cambridge.
    28. Edward L. Glaeser & Giacomo A.M. Ponzetto, 2017. "The Political Economy of Transportation Investment," NBER Working Papers 23686, National Bureau of Economic Research, Inc.
    29. James Roumasset, 2010. "Wither The Economics of Agricultural Development?," Working Papers 201003, University of Hawaii at Manoa, Department of Economics.
    30. J. Atsu Amegashie & Bazoumana Ouattara & Eric Strobl, 2007. "Moral Hazard and the Composition of Transfers: Theory with an Application to Foreign Aid," Working Papers 0702, University of Guelph, Department of Economics and Finance.
    31. Phongthorn Wrasai, 2005. "Politicians' Motivation, Role of Elections, and Policy Choices," Tinbergen Institute Discussion Papers 05-050/1, Tinbergen Institute.
    32. Iconio Garrì, 2010. "Political short-termism: a possible explanation," Public Choice, Springer, vol. 145(1), pages 197-211, October.
    33. E. Mengus, 2014. "International Bailouts: Why Did Banks' Collective Bet Lead Europe to Rescue Greece?," Working papers 502, Banque de France.
    34. Rafael Di Tella & Juan Dubra & Alejandro Luis Lagomarsino, 2016. "Meet the Oligarchs: Business Legitimacy, State Capacity and Taxation," NBER Working Papers 22934, National Bureau of Economic Research, Inc.
    35. Finken, Jan, 2009. "Yardstick competition in German municipalities," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 09-3, University of Cologne, FiFo Institute for Public Economics.
    36. James A. Robinson & Ragnar Torvik, 2006. "A Political Economy Theory of the Soft Budget Constraint," NBER Working Papers 12133, National Bureau of Economic Research, Inc.
    37. Besley, Timothy & Pande, Rohini & Rao, Vijayendra, 2005. "Political Selection and the Quality of Government: Evidence from South India," Center Discussion Papers 28426, Yale University, Economic Growth Center.
    38. Stéphane Gauthier & Fanny Henriet, 2023. "Targeting taxes on local externalities," PSE-Ecole d'économie de Paris (Postprint) halshs-04331432, HAL.
    39. Gilles Saint-Paul & Davide Ticchi & Andrea Vindigni, 2017. "Engineering Crises: Favoritism and Strategic Fiscal Indiscipline," Working Papers halshs-01584043, HAL.
    40. Pedro Dal bó, 2004. "Workers, Warriors and Criminals: Social Conflict in General Equilibrium," Econometric Society 2004 Latin American Meetings 341, Econometric Society.
    41. Benjamin Bridgman, 2004. "Multiethnic Democracy," Departmental Working Papers 2004-02, Department of Economics, Louisiana State University.
    42. Hadi Salehi Esfahani, 2001. "A Political Economy Model of Resource Pricing with Evidence from the Fuel Market," Working Papers 0134, Economic Research Forum, revised 11 Aug 2001.
    43. Daiki Kishishita, 2019. "Does high labour mobility always promote trade liberalization?," Canadian Journal of Economics, Canadian Economics Association, vol. 52(3), pages 1223-1247, August.
    44. Verdier, Thierry & Robinson, James A., 2002. "The Political Economy of Clientelism," CEPR Discussion Papers 3205, C.E.P.R. Discussion Papers.
    45. Timothy Besley & Stephen Coate, "undated". "Efficient Policy Choice in a Representative Democracy: A Dynamic Analysis," Penn CARESS Working Papers 325b228023bf2f04304dfd203, Penn Economics Department.
    46. Henning, Christian H.C.A., 2002. "Political Foundation Of Economically Inefficient Public Policies: The Case Of The Common European Agricultural Policy," Working Paper Series 24409, University of Kiel, Chair of Agricultural Policy.
    47. Uppal, Yogesh, 2009. "Does legislative turnover adversely affect state expenditure policy? Evidence from Indian state elections," MPRA Paper 15657, University Library of Munich, Germany.
    48. Christian Bjørnskov, 2010. "How does social trust lead to better governance? An attempt to separate electoral and bureaucratic mechanisms," Public Choice, Springer, vol. 144(1), pages 323-346, July.
    49. Thomas Markussen & Jean-Robert Tyran, 2010. "Serving the Public Interest," Discussion Papers 10-11, University of Copenhagen. Department of Economics.
      • Thomas Markussen & Jean-Robert Tyran, 2010. "Serving the Public Interest," NRN working papers 2010-21, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    50. Testa, Cecilia & Facchini, Giovanni, 2011. "The rhetoric of closed borders: quotas, lax enforcement and illegal migration," CEPR Discussion Papers 8245, C.E.P.R. Discussion Papers.
    51. Verdier, Thierry & Robinson, James A. & Torvik, Ragnar, 2002. "Political Foundations of the Resource Curse," CEPR Discussion Papers 3422, C.E.P.R. Discussion Papers.
    52. Ponzetto, Giacomo & Petrova, Maria & Enikolopov, Ruben, 2011. "The Dracula Effect: Voter Information and Trade Policy," CEPR Discussion Papers 8726, C.E.P.R. Discussion Papers.
    53. Glaeser, Edward Ludwig & Shleifer, Andrei, 2005. "The Curley Effect: The Economics of Shaping the Electorate," Scholarly Articles 27867137, Harvard University Department of Economics.
    54. John A., List & Daniel, Sturm, 2006. "How Elections Matter: Theory and Evidence from Environmental Policy," Discussion Papers in Economics 768, University of Munich, Department of Economics.
    55. J. Amegashie, 2011. "Incomplete property rights and overinvestment," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(1), pages 81-95, June.
    56. J. Atsu Amegashie, 2016. "Public Goods, Signaling, and Norms of Conscientious Leadership," CESifo Working Paper Series 6247, CESifo.
    57. Keohane, Nathaniel O. & Revesz, Richard L. & Stavins, Robert N., 1997. "The Positive Political Economy of Instrument Choice in Environmental Policy," Discussion Papers 10759, Resources for the Future.
    58. Bracco, Emanuele & Porcelli, Francesco & Redoano, Michela, 2019. "Political competition, tax salience and accountability. Theory and evidence from Italy," European Journal of Political Economy, Elsevier, vol. 58(C), pages 138-163.
    59. Allesandro Lizzeri & Nicola Persico, "undated". "The Drawbacks of Electoral Competition," CARESS Working Papres 00-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    60. Sebastián M. Saiegh & Mariano Tommasi, 1999. "Why is Argentina's Fiscal Federalism so Inefficient? Entering the Labyrinth," Journal of Applied Economics, Taylor & Francis Journals, vol. 2(1), pages 169-209, May.
    61. Filip Palda, 1997. "Fiscal Churning and Political Efficiency," Kyklos, Wiley Blackwell, vol. 50(2), pages 189-206, May.
    62. Henning, Christian H.C.A., 2002. "Institutional Foundation Of Economically Inefficient Agricultural Policy Within The Eu-System: A Neoclassical Approach," Working Paper Series 24403, University of Kiel, Chair of Agricultural Policy.
    63. Robinson, James A. & Torvik, Ragnar, 2005. "White elephants," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 197-210, February.
    64. Eric Borgne & Ben Lockwood, 2006. "Do Elections Always Motivate Incumbents? Learning vs. Re-Election Concerns," Public Choice, Springer, vol. 129(1), pages 41-60, October.
    65. Alvaro Forteza, 2013. "Political Selection with Pessimistic Voters," Documentos de Trabajo (working papers) 1313, Department of Economics - dECON.
    66. Avinash Dixit, 2003. "Some Lessons from Transaction‐Cost Politics for Less‐Developed Countries," Economics and Politics, Wiley Blackwell, vol. 15(2), pages 107-133, July.
    67. Davis, Lewis S., 2010. "Institutional flexibility and economic growth," Journal of Comparative Economics, Elsevier, vol. 38(3), pages 306-320, September.
    68. Felix Bierbrauer, 2006. "Distortionary Taxation and the Free-Rider Problem," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2006_6, Max Planck Institute for Research on Collective Goods.
    69. Konishi, Hideki, 2006. "Spending cuts or tax increases? The composition of fiscal adjustments as a signal," European Economic Review, Elsevier, vol. 50(6), pages 1441-1469, August.
    70. Ahmet Faruk Aysan, 2006. "The Role of Efficiency of Redistributive Institutions on Redistribution: An Empirical Assessment," Working Papers 2006/14, Bogazici University, Department of Economics.
    71. CASTRO, Rui & COEN-PIRANI, Daniele, 2001. "On the Political Economy of Sequential Reforms," Cahiers de recherche 2001-21, Universite de Montreal, Departement de sciences economiques.
    72. Hamlin, Alan & Jennings, Colin, 2009. "Expressive Political Behaviour: Foundations, Scope and Implications," SIRE Discussion Papers 2009-41, Scottish Institute for Research in Economics (SIRE).
    73. Boisvert, Richard N. & Blandford, David, 2011. "Meeting multiple policy objectives under GHG emissions reduction targets," Working Papers 126617, Cornell University, Department of Applied Economics and Management.
    74. Jan K. Brueckner & Steven G. Craig & Kangoh Lee, 2021. "Regionalism Meets Samuelson: Local Production of a National Public Good," Economica, London School of Economics and Political Science, vol. 88(349), pages 1-31, January.
    75. Castanheira, Micael & Profeta, Paola & Nicodème, Gaëtan, 2011. "On the political economics of tax reforms," CEPR Discussion Papers 8507, C.E.P.R. Discussion Papers.
    76. Brett, Craig & Keen, Michael, 2000. "Political uncertainty and the earmarking of environmental taxes," Journal of Public Economics, Elsevier, vol. 75(3), pages 315-340, March.
    77. Didier Laussel, 2018. "Tying the Politicians' Hands: The Optimal Limits to Representative Democracy," Working Papers halshs-01690177, HAL.
    78. Cardullo, Gabriele, 2015. "The Welfare and Employment Effects of Centralized Public Sector Wage Bargaining," MPRA Paper 66879, University Library of Munich, Germany.
    79. Vuković, Vuk, 2020. "Corruption and re-election: how much can politicians steal before getting punished?," Journal of Comparative Economics, Elsevier, vol. 48(1), pages 124-143.
    80. Hamada, Koichi & Sunder, Shyam, 2005. "Information Asymmetry and the Problem of Transfers in Trade Negotiations and International Agencies," Center Discussion Papers 28490, Yale University, Economic Growth Center.
    81. Dorsch, Michael & Dunz, Karl & Maarek, Paul, 2012. "Asymmetric Information and Inefficient Regulation of Firms Under the Threat of Revolution," MPRA Paper 38879, University Library of Munich, Germany.
    82. Jean Guillaume Forand & John Duggan, 2013. "Markovian Elections," Working Papers 1305, University of Waterloo, Department of Economics, revised Oct 2013.
    83. Dorothy Kronick & Francisco Rodr'iguez, 2023. "Political Conflict and Economic Growth in Post-Independence Venezuela," Papers 2305.14698, arXiv.org.
    84. Giacomo Ponzetto, 2010. "Asymmetric Information and Trade Policy," Working Papers 514, Barcelona School of Economics.
    85. Abatemarco, Antonio & Dell'Anno, Roberto, 2019. "Fiscal Illusion and Progressive Taxation with Retrospective Voting," MPRA Paper 97500, University Library of Munich, Germany.
    86. Rincke, Johannes, 2005. "Yardstick Competition and Policy Innovation," ZEW Discussion Papers 05-11, ZEW - Leibniz Centre for European Economic Research.
    87. de Gorter, Harry, 2008. "Explaining Inefficient Policy Instruments," Agricultural Distortions Working Paper Series 48638, World Bank.
    88. Drazen, Allan & Eslava, Marcela, 2010. "Electoral manipulation via voter-friendly spending: Theory and evidence," Journal of Development Economics, Elsevier, vol. 92(1), pages 39-52, May.
    89. Cecilia Testa, 2001. "Reform, Lobbies and Welfare: A Common Agency Approach," Royal Holloway, University of London: Discussion Papers in Economics 01/6, Department of Economics, Royal Holloway University of London, revised Dec 2001.
    90. Robert P. Inman & Daniel L. Rubinfeld, 1998. "Subsidiarity and the European Union," NBER Working Papers 6556, National Bureau of Economic Research, Inc.
    91. Cecilia Testa, 2004. "Party Polarization and Electoral Accountability," Econometric Society 2004 Latin American Meetings 130, Econometric Society.
    92. Martimort, David & Straub, Stéphane, 2009. "Infrastructure privatization and changes in corruption patterns: The roots of public discontent," Journal of Development Economics, Elsevier, vol. 90(1), pages 69-84, September.
    93. Caterina Astarita & Salvador Barrios & Francesca D'Auria & Anamaria Maftei & Philipp Mohl & Matteo Salto & Marie-Luise Schmitz & Alberto Tumino & Edouard Turkisch, 2018. "Impact of fiscal policy on income distribution," Report on Public Finances in EMU, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, pages 71-131, January.
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    98. Siddhartha Bandyopadhyay & Bryan C McCannon, 2010. "Prosecutorial Retention: Signaling by Trial," Discussion Papers 10-11, Department of Economics, University of Birmingham.
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    104. Pástor, Ľuboš & Veronesi, Pietro, 2013. "Political uncertainty and risk premia," Journal of Financial Economics, Elsevier, vol. 110(3), pages 520-545.
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    2. Ludovic Renou & Karl H. Schlag, 2008. "Minimax regret and strategic uncertainty," Discussion Papers in Economics 08/2, Division of Economics, School of Business, University of Leicester, revised Apr 2008.
    3. Banerjee, Snehal & Green, Brett, 2015. "Signal or noise? Uncertainty and learning about whether other traders are informed," Journal of Financial Economics, Elsevier, vol. 117(2), pages 398-423.
    4. Di Maggio, Marco, 2009. "Sweet Talk: A Theory of Persuasion," MPRA Paper 18697, University Library of Munich, Germany.
    5. Felipe Zurita, 2005. "Beyond Earthquakes: The New Directions of Expected Utility Theory," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 42(126), pages 209-255.
    6. Robin P. Cubitt & Robert Sugden, 2008. "Common reasoning in games," Discussion Papers 2008-01, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    7. Robert, Christopher & Zeckhauser, Richard, 2011. "The Methodology of Normative Policy Analysis," Working Paper Series rwp11-004, Harvard University, John F. Kennedy School of Government.
    8. Wolfgang Kuhle, 2013. "A Global Game with Heterogenous Priors," Papers 1312.7860, arXiv.org.
    9. Charles F. Manski, 2017. "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise," NBER Working Papers 23418, National Bureau of Economic Research, Inc.
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    11. Glaser, Markus & Weber, Martin, 2003. "Overconfidence and Trading Volume," Sonderforschungsbereich 504 Publications 03-07, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
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    16. Timothy Mathews & Aniruddha Bagchi, 2019. "Conflict without an Apparent Cause," Games, MDPI, vol. 10(4), pages 1-12, October.
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    18. Matthew Gentzkow & Jesse M. Shapiro, 2006. "Media Bias and Reputation," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 280-316, April.
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    1. Robin Hanson, 2003. "For Bayesian Wannabes, Are Disagreements Not About Information?," Theory and Decision, Springer, vol. 54(2), pages 105-123, March.
    2. Elchanan Ben-Porath, 2007. "Trade with Heterogeneous Beliefs," Discussion Paper Series dp462, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    3. Di Maggio, Marco, 2009. "Sweet Talk: A Theory of Persuasion," MPRA Paper 18697, University Library of Munich, Germany.
    4. Marco Angrisani & Antonio Guarino & Steffen Huck & Nathan Larson, 2008. "No-Trade in the Laboratory," WEF Working Papers 0045, ESRC World Economy and Finance Research Programme, Birkbeck, University of London.
    5. Benjamin Golub & Stephen Morris, 2020. "Expectations, Networks, and Conventions," Papers 2009.13802, arXiv.org.
    6. Glaser, Markus & Weber, Martin, 2003. "Overconfidence and Trading Volume," Sonderforschungsbereich 504 Publications 03-07, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    7. George J. Mailath & Larry Samuelson, 2019. "Learning under Diverse World Views: Model-Based Inference," Cowles Foundation Discussion Papers 2161R, Cowles Foundation for Research in Economics, Yale University, revised Sep 2019.
    8. Hellwig, Martin F., 2013. "From posteriors to priors via cycles: An addendum," Economics Letters, Elsevier, vol. 118(3), pages 455-458.
    9. John A Carlson & Christian M. Dahl & Carol L. Osler, 2008. "Short-run Exchange-Rate Dynamics: Theory and Evidence," CREATES Research Papers 2008-01, Department of Economics and Business Economics, Aarhus University.
    10. Carrillo, Juan D. & Palfrey, Thomas R., 2011. "No trade," Games and Economic Behavior, Elsevier, vol. 71(1), pages 66-87, January.
    11. Matthew Gentzkow & Jesse M. Shapiro, 2006. "Media Bias and Reputation," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 280-316, April.
    12. Muller, Ulrich A. & Dacorogna, Michel M. & Dave, Rakhal D. & Olsen, Richard B. & Pictet, Olivier V. & von Weizsacker, Jacob E., 1997. "Volatilities of different time resolutions -- Analyzing the dynamics of market components," Journal of Empirical Finance, Elsevier, vol. 4(2-3), pages 213-239, June.
    13. Qin, Cheng-Zhong & Yang, Chun-Lei, 2009. "An Explicit Approach to Modeling Finite-Order Type Spaces and Applications," University of California at Santa Barbara, Economics Working Paper Series qt8hq7j89k, Department of Economics, UC Santa Barbara.
    14. Hellman, Ziv, 2007. "Iterated Expectations, Compact Spaces and Common Priors," MPRA Paper 3794, University Library of Munich, Germany.
    15. José Luis Montiel Olea & Pietro Ortoleva & Mallesh Pai & Andrea Prat, 2021. "Competing Models," Working Papers 2021-89, Princeton University. Economics Department..
    16. Prat, Andrea & Montiel Olea , José Luis & Ortoleva, Pietro & Pai, Mallesh, 2019. "Competing Models," CEPR Discussion Papers 14066, C.E.P.R. Discussion Papers.
      • Jose Luis Montiel Olea & Pietro Ortoleva & Mallesh M Pai & Andrea Prat, 2019. "Competing Models," Papers 1907.03809, arXiv.org, revised Nov 2021.
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    Cited by:

    1. Merl, Robert & Stöckl, Thomas & Palan, Stefan, 2023. "Insider trading regulation and shorting constraints. Evaluating the joint effects of two market interventions," Journal of Banking & Finance, Elsevier, vol. 154(C).
    2. Nagel, Stefan, 2005. "Short sales, institutional investors and the cross-section of stock returns," Journal of Financial Economics, Elsevier, vol. 78(2), pages 277-309, November.
    3. Ronald M. Harstad & Reinhard Selten, 2013. "Bounded-Rationality Models: Tasks to Become Intellectually Competitive," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 496-511, June.
    4. Philippe Bacchetta & Eric Van Wincoop, 2008. "Higher Order Expectations in Asset Pricing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 837-866, August.
    5. Jose M. Marin & Jacques P. Olivier, 2008. "The Dog That Did Not Bark: Insider Trading and Crashes," Journal of Finance, American Finance Association, vol. 63(5), pages 2429-2476, October.
    6. Qin, Jie, 2015. "A model of regret, investor behavior, and market turbulence," Journal of Economic Theory, Elsevier, vol. 160(C), pages 150-174.
    7. Daniel Graydon Stephenson, 2023. "Knowledge, Interest Rates, and Asset Price Bubbles," Working Papers 2301, VCU School of Business, Department of Economics.
    8. Joseph Chen & Harrison Hong & Jeremy C. Stein, 2000. "Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices," NBER Working Papers 7687, National Bureau of Economic Research, Inc.
    9. Yingyi Hu, 2019. "Short-horizon market efficiency, order imbalance, and speculative trading: evidence from the Chinese stock market," Annals of Operations Research, Springer, vol. 281(1), pages 253-274, October.
    10. Earl A. Thompson & Jonathan Treussard & Charles R. Hickson, 2004. "Predicting Bubbles and Bubbles-Substitutes," UCLA Economics Working Papers 836, UCLA Department of Economics.
    11. Fares Triki, 2009. "Leverage Bubbles," Post-Print halshs-00390688, HAL.
    12. Enders, Zeno & Hakenes, Hendrik Hakenes, 2014. "On the Existence and Prevention of Speculative Bubbles," Working Papers 0567, University of Heidelberg, Department of Economics.
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    2. Herweg, Fabian & Schmidt, Klaus, 2017. "Procurement with Unforeseen Contingencies," Rationality and Competition Discussion Paper Series 47, CRC TRR 190 Rationality and Competition.
    3. Mustafa Ç. Pınar, 2018. "Robust trading mechanisms over 0/1 polytopes," Journal of Combinatorial Optimization, Springer, vol. 36(3), pages 845-860, October.
    4. Jon X. Eguia & Dimitrios Xefteris, 2018. "Implementation by vote-buying mechanisms," University of Cyprus Working Papers in Economics 04-2018, University of Cyprus Department of Economics.
    5. Blumrosen, Liad & Dobzinski, Shahar, 2021. "(Almost) efficient mechanisms for bilateral trading," Games and Economic Behavior, Elsevier, vol. 130(C), pages 369-383.
    6. Liu, Heng, 2018. "Efficient dynamic mechanisms in environments with interdependent valuations: the role of contingent transfers," Theoretical Economics, Econometric Society, vol. 13(2), May.
    7. Hitoshi Matsushima & Shunya Noda, 2020. "Epistemological Mechanism Design (Revised version of CARF-F-496)," CARF F-Series CARF-F-498, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, revised Feb 2021.
    8. Amine Allouah & Omar Besbes, 2020. "Prior-Independent Optimal Auctions," Management Science, INFORMS, vol. 66(10), pages 4417-4432, October.
    9. Dütting, Paul & Fischer, Felix & Parkes, David C., 2016. "Truthful Outcomes from Non-Truthful Position Auctions," Scholarly Articles 32227268, Harvard University Department of Economics.
    10. Lars EHLERS & Jordi MASSO, 2018. "Robust Design in Monotonic Matching Markets : A Case for Firm-Proposing Deferred-Acceptance," Cahiers de recherche 04-2018, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    11. Hitoshi Matsushima, 2020. "Implementation, Honesty, and Common Knowledge," CARF F-Series CARF-F-500, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    12. Hitoshi Matsushima, 2021. "Epistemological Implementation of Social Choice Functions," CARF F-Series CARF-F-518, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    13. Carrasco, Vinicius & Farinha Luz, Vitor & Kos, Nenad & Messner, Matthias & Monteiro, Paulo & Moreira, Humberto, 2018. "Optimal selling mechanisms under moment conditions," Journal of Economic Theory, Elsevier, vol. 177(C), pages 245-279.
    14. Hitoshi Matsushima & Shunya Noda, 2020. "Unique Information Elicitation," CARF F-Series CARF-F-496, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    15. Lensman, Todd & Troshkin, Maxim, 2022. "Implications of uncertainty for optimal policies," Journal of Economic Theory, Elsevier, vol. 199(C).

Chapters

  1. Stephen Morris & Hyun Song Shin, 2016. "Risk Premium Shifts and Monetary Policy: A Coordination Approach," Central Banking, Analysis, and Economic Policies Book Series, in: Elías Albagli & Diego Saravia & Michael Woodford (ed.),Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World, edition 1, volume 24, chapter 5, pages 131-150, Central Bank of Chile.
    See citations under working paper version above.
  2. Dirk Bergemann & Stephen Morris, 2012. "Robust Virtual Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 8, pages 263-317, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  3. Dirk Bergemann & Stephen Morris, 2012. "Robust Implementation in Direct Mechanisms," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 4, pages 153-194, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  4. Dirk Bergemann & Stephen Morris, 2012. "Robust Implementation in General Mechanisms," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 5, pages 195-239, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  5. Dirk Bergemann & Stephen Morris, 2012. "Robust Mechanism Design," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 2, pages 49-96, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  6. Hanming Fang & Stephen Morris, 2012. "Multidimensional Private Value Auctions," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 9, pages 319-356, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  7. Dirk Bergemann & Stephen Morris, 2012. "Ex Post Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 3, pages 97-152, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  8. Dirk Bergemann & Stephen Morris, 2012. "The Role of the Common Prior in Robust Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 6, pages 241-251, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  9. Moritz Meyer-ter-Vehn & Stephen Morris, 2012. "The Robustness of Robust Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 10, pages 357-373, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  10. Dirk Bergemann & Stephen Morris & Olivier Tercieux, 2012. "Rationalizable Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 11, pages 375-404, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  11. Dirk Bergemann & Stephen Morris, 2012. "An Ascending Auction for Interdependent Values: Uniqueness and Robustness to Strategic Uncertainty," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 7, pages 253-262, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  12. Dirk Bergemann & Stephen Morris, 2012. "Robust Mechanism Design: An Introduction," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 1, pages 1-48, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  13. Stephen Morris & Hyun Song Shin, 2008. "Coordinating Expectations in Monetary Policy," Chapters, in: Jean-Philippe Touffut (ed.), Central Banks as Economic Institutions, chapter 5, Edward Elgar Publishing.
    See citations under working paper version above.
  14. Stephen Morris & Hyun Song Shin, 2001. "Rethinking Multiple Equilibria in Macroeconomic Modeling," NBER Chapters, in: NBER Macroeconomics Annual 2000, Volume 15, pages 139-182, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.

Books

  1. Dirk Bergemann & Stephen Morris, 2012. "Robust Mechanism Design:The Role of Private Information and Higher Order Beliefs," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 8318.

    Cited by:

    1. Jianjun Miao & Alejandro Rivera, 2016. "Robust Contracts in Continuous Time," Econometrica, Econometric Society, vol. 84(4), pages 1405-1440, July.
    2. Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.
    3. Y. Sağlam & W. Daher & Jihad Elnaboulsi, 2018. "On the social value of publicly disclosed information and environmental regulation," Post-Print hal-04230837, HAL.
    4. Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2012. "Efficient Auctions and Interdependent Types," Cowles Foundation Discussion Papers 1846, Cowles Foundation for Research in Economics, Yale University.
    5. Carmen Beviá & Luis Corchón, 2022. "Contests with dominant strategies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(4), pages 1-19, November.
    6. Vahab Mirrokni & Renato Paes Leme & Pingzhong Tang & Song Zuo, 2020. "Non‐Clairvoyant Dynamic Mechanism Design," Econometrica, Econometric Society, vol. 88(5), pages 1939-1963, September.

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