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Non-neutral information costs with match-value uncertainty

Agostino Manduchi
2012 Journal of Economics  
This paper investigates a model featuring a monopolist seller and a buyer with an uncertain valuation for the seller's product. The seller chooses an information system which allows the buyer to receive a private signal, potentially correlated with her valuation. No restrictions are imposed on the conditional distributions of the signal; the cost of the information system is proportional to its precision, measured by the mutual information between the distributions of the buyer's valuation and
more » ... he signal. In equilibrium, the information system trades off the information cost against the losses deriving from a probability of trade that is either "too high," or "too low" -depending on the relative weight of the expected losses resulting from errors of the two typesand sends "non-neutral" signals, typically. Thus, in general, the probability of a correct signal depends on the buyer's actual valuation, and the probability of trade differs from the probability of a valuation exceeding the cost of production. The expected total surplus generated by the exchange is maximized, in equilibrium.
doi:10.1007/s00712-012-0283-7 fatcat:kguqlh6mpjbvrmgcb5yrd3j4qu

L'écosystème des médias

Nathalie Sonnac
2014 Communication  
MANDUCHI, Agostino et Robert Picard (2009), « Circulations, revenues, and profits in a newspaper market with fixed advertising costs », The Journal of Media Economics , 22(4) : 211-238.  ... 
doi:10.4000/communication.5030 fatcat:b4zlwpjppbccrkraj2loqtcwdm

Page 3190 of Mathematical Reviews Vol. , Issue Index [page]

Mathematical Reviews  
(English summary) 2004g:91021 Manduchi, Agostino Price discrimination of buyers with identical preferences and collusion in a model of advertising.  ... 

Page 1579 of Mathematical Reviews Vol. , Issue Index [page]

Mathematical Reviews  
A70 Manduchi, Agostino Price discrimination of buyers with identical preferences and collusion in a model of advertising. (English summary) J. Econom.  ... 

Nobile e ignobile simbolismo islamico nella Divina Commedia

Marino Alberto Balducci
2020 Annales Universitatis Paedagogicae Cracoviensis | Studia Historicolitteraria  
Manduchi (a c. di), Dalla penna al mouse. Gli strumenti di diffusione del concetto di 'gihad', Milano, Franco Angeli, 2006, pp. 23-54. Tav.  ...  Sant' Agostino, La città di Dio, trad. it. a c. di F. Monteverde, Roma, Città Nuova Editrice: https://www.augustinus.it/italiano/cdd/ index2.htm 116  ... 
doi:10.24917/20811853.20.1 fatcat:sxx3u3sgzrentao64mkbqpkzam

Un incunabulo per lo sposalizio di Isabella d'Aragona: le 'Nuptiae illustrissimi ducis Mediolani' di Stefano Dolcino (1489)

Claudio Passera
2018
Dolcino afferma che erano in tutto simili alle «petreie», alle «circerie» e ai «manduchi» che intrattenevano gli spettatori dei giochi circensi di Roma antica.  ...  Il bacio della croce costituisce la prima cerimonia dell'Ordo ad recipiendum processionaliter principissam prescritto dal Pontificalis Liber redatto da Agostino Patrizi Piccolomini e da Giovanni Burcardo  ... 
doi:10.13128/drammaturgia-24133 fatcat:ualxu4tg2ffqtfkqn5kqe6i3bu

Subsidy Entrepreneurs: an Inquiry into Firms Seeking Public Grants

Anders Gustafsson, Patrik Gustavsson Tingvall, Daniel Halvarsson
2019 Journal of Industry, Competition and Trade  
Larsson, Agostino Manduchi, Domenico Viganola, Bengt Söderlund, and Karl Wennberg for providing valuable comments; to Christian Barsom for stellar research assistance; and to seminar participants at the  ... 
doi:10.1007/s10842-019-00317-0 fatcat:eesbjk5o3fg4dput7rbecvkxhy

Migrant integration at the regional level in the rural areas of Southern Europe: A Comparative analysis of the cases of Albanians in Crete (Greece) and Moroccans in Sardinia (Italy)

Δημήτριος Ραφαήλ Χ. Τσερβένης
2021
Since then, most migrants exercising street selling are generically called 'Moroccans' by Italians (Manduchi, 2007: 67) .  ...  Francesco Bachis and Patrizia Manduchi) were consulted. The final questionnaire was revised in line with the comments obtained.  ... 
doi:10.26262/heal.auth.ir.335925 fatcat:rzxgyfnlinbuhkxted2pwo7lse

COLD FUSION The history of research in Italy Editors

Sergio Martellucci, Angela Rosati, Francesco Scaramuzzi, Vittorio Violante
2009 unpublished
MANDUCHI, G. MENGOLI, E. MILLI, C.  ...  AGOSTINO, R. FILOSA, V. FORMOSO, G. LIBERTI, A. DE NINNO, F. D'ACAPITO, S.  ... 
fatcat:ing3anktknc5tnth2gpegzz5h4

Access to bank Loans, income distribution and economic growth in agent based Modeling: evidence from evolutionary perspective

Gebremeskel Atnafu
2017
I would also like to thank and record my appreciation for Professor Agostino Manduchi and other participants in a seminar at the Jönköping International Business School for their comments and suggestions  ... 
doi:10.20372/nadre/8896 fatcat:xjauqtfxfbgnrbqfntis2ylvga

UCLA Past-President

Officers Of The Middle East Librarians Association Sean, G Swanick David, Hirsch
2013 MELA NOTES Journal of Middle Eastern Librarianship Number   unpublished
Manduchi, Patrizia. "L'ismailismo: Aspetti spirituali e politici." M.A. thesis, Facolt di Scienze Politiche, Università di Cagliari, 1984. xx + 165 pp. 345. Maoudoud, Khaled.  ...  Cilardo, Agostino. "Some Peculiarities of the Law of Inheritance: The Formation of Imāmī and Ismāʿīlī Law." Journal of Arabic and Islamic Studies 3:7 (2000): 127-137. 98. Cohen, Mark R.  ... 
fatcat:flpzw24whzfedhsyuwrludleiq