Abstract:
We have found several propositions in the economics of information which depend on the log of the cumulative distribution distribution of a random variable being a concave function. In this paper we present several theorems and applications of the property of log-concavity.
JEL-codes:D1D2D3D4 (search for similar items in EconPapers) Date: Written 1994-10-11 Note: This paper was written 5 years ago and we haven't gotten around to publishing it. People keep asking us for copies. Maybe this will reduce our xerox bills. View list of referencesView citations in EconPapers