Some Notes and Comments on the Efficient use of Information in Repeated Games with Poisson Signals

Osório, António (António Miguel)

Working Papers from Universitat Rovira i Virgili, Department of Economics

Abstract: In the present paper we characterize the optimal use of Poisson signals to establish incentives in the "bad" and "good" news models of Abreu et al. [1]. In the former, for small time intervals the signals' quality is high and we observe a "selective" use of information; otherwise there is a "mass" use. In the latter, for small time intervals the signals' quality is low and we observe a "fine" use of information; otherwise there is a "non-selective" use. JEL: C73, D82, D86. KEYWORDS: Repeated Games, Frequent Monitoring, Public Monitoring, Infor- mation Characteristics.

Keywords: Teoria de jocs; Informació; Teoria de la; Contractes -- Aspectes econòmics; 33 - Economia (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-gth and nep-mic
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:urv:wpaper:2072/249233

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