Market Games with Asymmetric Information

9309854艾伦这项研究关注的是交易者如何以及应该如何战略性地使用信息这一基本理论问题。经济动机来自寡头垄断行业或研究合资企业中公司之间的信息共享，以及群体如何选择政策规则、合同、法律制度或机构这一根本问题。信息对协议的可执行性提供了自然的限制。该项目首先审查具有不同信息的个人之间的这种互动以及解决办法的可能性，例如，反映他们的平均边际贡献、小组不可能找到更好的结果、或由于平衡行动的任何单方面变化而得不到改善。提供了一种在共享共同活动(即，科学实验室或工作人员部门服务)的单位(例如，公司的子公司)之间转移定价或费用分摊的申请。***

9309854 Allen This research concerns the basic theoretical question of how traders can and should use information strategically. The economic motivation is derived from information sharing among firms in an oligopolistic industry or a research joint venture as well as from the fundamental problem of how groups of people choose policy rules, contracts, legal systems, or institutions. Information provides a natural restriction on the enforceability of agreements. The project begins by examining such interactions among individuals with different information and the possibilities for solutions which reflect, for instance, their average marginal contributions, the impossibility for subgroups to find better outcomes, or the lack of improvement arising from any unilateral change of action in equilibrium. An application to transfer pricing or cost sharing among units (for example, subsidiaries in a corporation) sharing a joint activity (i.e., a scientific laboratory or staff department services) is provided. ***