Brownian Signals: Information Quality, Quantity and Timing in Repeated Games

dc.contributor
Universitat Rovira i Virgili. Departament d'Economia
dc.contributor
Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
dc.contributor.author
Osório, António (António Miguel)
dc.date.accessioned
2016-04-14T17:11:02Z
dc.date.accessioned
2024-12-10T13:28:15Z
dc.date.available
2016-04-14T17:11:02Z
dc.date.available
2024-12-10T13:28:15Z
dc.date.created
2015-10-29
dc.date.issued
2015
dc.identifier.uri
http://hdl.handle.net/2072/260962
dc.description.abstract
This paper examines different Brownian information structures for varying time intervals. We focus on the non-limit case and on the trade-offs between information quantity and quality to efficiently establish incentives. These two dimensions of information tend to complement each other when signals quality is sufficiently high. Otherwise, information quantity tends to replace information quality. Any conclusion depends crucially on the rate at which information quality improves or decays with respect to the discounting incentives. JEL: C73, D82, D86. KEYWORDS: Repeated Games, Frequent Monitoring, Information Quantity, Information Quality.
eng
dc.format.extent
12 p.
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dc.language.iso
eng
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dc.publisher
Universitat Rovira i Virgili. Departament d'Economia
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dc.relation.ispartofseries
Documents de treball del Departament d'Economia;2015-32
dc.rights
info:eu-repo/semantics/openAccess
dc.rights
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.source
RECERCAT (Dipòsit de la Recerca de Catalunya)
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Jocs, Teoria de
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dc.subject.other
Teoria de la informació (Economia)
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dc.subject.other
Contractes -- Aspectes econòmics
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dc.title
Brownian Signals: Information Quality, Quantity and Timing in Repeated Games
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dc.type
info:eu-repo/semantics/workingPaper
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dc.subject.udc
33
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dc.embargo.terms
cap
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