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Lecture 23 - Asymmetric Information: Silence, Signaling and Suffering Education artwork
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Lecture 23 - Asymmetric Information: Silence, Signaling and Suffering Education

Yale Open Courses ECON 159: Game Theory by William Sheppard

Jun 8, 201801:10:36Education

We look at two settings with asymmetric information; one side of a game knows something that the other side does not. We should always interpret attempts to communicate or signal such information taking into account the...