Browsing by Subject "K19"

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    • Hidden Talents: Partnerships with Pareto-Improving Private Information 
      Daughety, Andrew F.; Reinganum, Jennifer F. (Vanderbilt University, 2006)
      Can the presence of private information in a transaction yield a Pareto-improvement over complete information? In this paper we show that the combination of multi-agent simultaneous signaling of private information, and ...