The provision of public goods under asymmetric information has most often been viewed as a mechanism design problem under the aegis of an uninformed mediator. This paper focuses on institutional contexts without such a ...

This paper studies how the use of divestiture in merger control can affect the revelation of information about the level of efficiency gains that a proposed merger carries. We show that a decision policy that uses costly ...

Some of the future wireless networks are related tothe provision of higher data rates and lower energy consumption.In contrast to the clear increasing spectrum demand, bandwidthis a limited resource. Cooperative ...

This article presents an analysis of the impact of Information Technology (IT) investments in the efficiency of the Brazilian Judiciary System. In order to conduct this investigation, it was adopted the case study method ...

The social, scientific and technological advances have determined transformations in the informational processes. The problem is to understand the need to present and represent visual information effectively and efficiently. ...

This paper analyzes the informational efficiency of oil market during the last three decades, and examines changes in informational efficiency with major geopolitical events, such as terrorist attacks, financial crisis and ...

We investigate how public and private information affects corporate CDS spreads prior to rating announcements. First, CDS spreads of firms with high news intensity change significantly earlier and more strongly prior to ...