Differential Information Economies

Differential Information Economies PDF Author: Dionysius Glycopantis
Publisher: Springer Science & Business Media
ISBN: 3540269797
Category : Business & Economics
Languages : en
Pages : 656

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Book Description
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.

Differential Information Economies

Differential Information Economies PDF Author: Dionysius Glycopantis
Publisher: Springer Science & Business Media
ISBN: 3540269797
Category : Business & Economics
Languages : en
Pages : 656

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Book Description
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.

Differential Information and Strategic Behavior in Economic Environments

Differential Information and Strategic Behavior in Economic Environments PDF Author: Andrew Postlewaite
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 64

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Book Description


Information, Incentives, and Economic Mechanisms

Information, Incentives, and Economic Mechanisms PDF Author: Theodore Groves
Publisher: U of Minnesota Press
ISBN: 1452908044
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
Printbegrænsninger: Der kan printes 10 sider ad gangen og max. 40 sider pr. session

Differential Information Environments

Differential Information Environments PDF Author: Mary E. Barth
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
We test and find strong evidence in support of two hypotheses related to firms' information environments. 1) Firms with stronger information environments have larger market-to-book ratios than firms with weaker information environments consistent with lower cost of capital after controlling for factors identified in prior research as affecting these ratios. 2) Information environments affect the relation between share prices and accounting amounts more for disclosed than recognized amounts. We use net pension assets disclosed under SFAS 87 and book value of equity to test hypothesis 2. We use size number of shareholders number of analysts dispersion of analysts' earnings forecasts exchange listing number of months listed as a publicly-traded firm and trading volume as information environment proxies and find they reflect three principal aspects of information environments: investor recognition and information availability liquidity and disparity of beliefs.

Differential Information Environments and the Relation Between Accounting Amounts and Share Prices

Differential Information Environments and the Relation Between Accounting Amounts and Share Prices PDF Author: Mary E. Barth
Publisher:
ISBN:
Category :
Languages : en
Pages : 42

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Book Description
This paper tests and finds strong evidence in support of two hypotheses related to firms' information environments. 1) Firms with stronger information environments have larger market-to-book ratios than firms with weaker information environments, consistent with a lower cost of capital, after controlling for factors identified in prior research as affecting these ratios. 2) Information environments affect the relation between share prices and accounting amounts more for disclosed than recognized amounts. The authors use net pension assets disclosed under SFAS 87 and book value of equity to test the second hypothesis. They use size, number of shareholders, number of analysts, dispersion of analysts' earnings forecasts, exchange listing, number of months listed as a publicly-traded firm, and trading volume as information environment proxies and find they reflect three principle aspects of information environments: investor recognition and information availability, liquidity, and disparity of beliefs.

Differential Treatment in International Environmental Law

Differential Treatment in International Environmental Law PDF Author: Philippe Cullet
Publisher: Routledge
ISBN: 9781138250888
Category :
Languages : en
Pages : 224

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Book Description
This book is a comprehensive study of differential treatment for developing countries in international environmental law. It offers a compelling analysis of the legal dimension of the relationship between developed and developing countries in the environmental field and beyond. It first critically examines the principle of legal equality of states and then explores the conceptual framework behind the notion of differential treatment in international law and its relevance in bringing about substantive equality. The book examines the development of differentiation in international environmental law, considers its application in various environmental treaties and evaluates the legal status of existing differential norms. It also examines the contribution of differentiation to the implementation of environmental treaties and the extent to which differential treatment fosters the decentralization of international environmental policy making. It is an indispensable resource for all actors involved in environmental law and policy making, scholars and students.

The Algorithmic Foundations of Differential Privacy

The Algorithmic Foundations of Differential Privacy PDF Author: Cynthia Dwork
Publisher:
ISBN: 9781601988188
Category : Computers
Languages : en
Pages : 286

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Book Description
The problem of privacy-preserving data analysis has a long history spanning multiple disciplines. As electronic data about individuals becomes increasingly detailed, and as technology enables ever more powerful collection and curation of these data, the need increases for a robust, meaningful, and mathematically rigorous definition of privacy, together with a computationally rich class of algorithms that satisfy this definition. Differential Privacy is such a definition. The Algorithmic Foundations of Differential Privacy starts out by motivating and discussing the meaning of differential privacy, and proceeds to explore the fundamental techniques for achieving differential privacy, and the application of these techniques in creative combinations, using the query-release problem as an ongoing example. A key point is that, by rethinking the computational goal, one can often obtain far better results than would be achieved by methodically replacing each step of a non-private computation with a differentially private implementation. Despite some powerful computational results, there are still fundamental limitations. Virtually all the algorithms discussed herein maintain differential privacy against adversaries of arbitrary computational power -- certain algorithms are computationally intensive, others are efficient. Computational complexity for the adversary and the algorithm are both discussed. The monograph then turns from fundamentals to applications other than query-release, discussing differentially private methods for mechanism design and machine learning. The vast majority of the literature on differentially private algorithms considers a single, static, database that is subject to many analyses. Differential privacy in other models, including distributed databases and computations on data streams, is discussed. The Algorithmic Foundations of Differential Privacy is meant as a thorough introduction to the problems and techniques of differential privacy, and is an invaluable reference for anyone with an interest in the topic.

Numerical Partial Differential Equations for Environmental Scientists and Engineers

Numerical Partial Differential Equations for Environmental Scientists and Engineers PDF Author: Daniel R. Lynch
Publisher: Springer Science & Business Media
ISBN: 0387236201
Category : Science
Languages : en
Pages : 390

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Book Description
For readers with some competence in PDE solution properties, this book offers an interdisciplinary approach to problems occurring in natural environmental media: the hydrosphere, atmosphere, cryosphere, lithosphere, biosphere and ionosphere. It presents two major discretization methods: Finite Difference and Finite Element, plus a section on practical approaches to ill-posed problems. The blend of theory, analysis, and implementation practicality supports solving and understanding complicated problems.

Encyclopedia of Environmental Management, Four Volume Set

Encyclopedia of Environmental Management, Four Volume Set PDF Author: Sven Erik Jorgensen
Publisher: CRC Press
ISBN: 1000031721
Category : Technology & Engineering
Languages : en
Pages : 3513

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Book Description
Winner of an Outstanding Academic Title Award from CHOICE Magazine Encyclopedia of Environmental Management gives a comprehensive overview of environmental problems, their sources, their assessment, and their solutions. Through in-depth entries and a topical table of contents, readers will quickly find answers to questions about specific pollution and management issues. Edited by the esteemed Sven Erik Jørgensen and an advisory board of renowned specialists, this four-volume set shares insights from more than 500 contributors—all experts in their fields. The encyclopedia provides basic knowledge for an integrated and ecologically sound management system. Nearly 400 alphabetical entries cover everything from air, soil, and water pollution to agriculture, energy, global pollution, toxic substances, and general pollution problems. Using a topical table of contents, readers can also search for entries according to the type of problem and the methodology. This allows readers to see the overall picture at a glance and find answers to the core questions: What is the pollution problem, and what are its sources? What is the "big picture," or what background knowledge do we need? How can we diagnose the problem, both qualitatively and quantitatively, using monitoring and ecological models, indicators, and services? How can we solve the problem with environmental technology, ecotechnology, cleaner technology, and environmental legislation? How do we address the problem as part of an integrated management strategy? This accessible encyclopedia examines the entire spectrum of tools available for environmental management. An indispensable resource, it guides environmental managers to find the best possible solutions to the myriad pollution problems they face. Also Available Online This Taylor & Francis encyclopedia is also available through online subscription, offering a variety of extra benefits for researchers, students, and librarians, including: Citation tracking and alerts Active reference linking Saved searches and marked lists HTML and PDF format options Contact us to inquire about subscription options and print/online combination packages. US: (Tel) 1.888.318.2367 / (email) [email protected] International: (Tel) +44 (0) 20 7017 6062 / (email) [email protected]

An Examination of Cognitive Complexity as it Relates to Differential Information Load in a Financial Reporting Environment

An Examination of Cognitive Complexity as it Relates to Differential Information Load in a Financial Reporting Environment PDF Author: Kenneth Lee Danko
Publisher:
ISBN:
Category : Financial statements
Languages : en
Pages : 224

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Book Description