WebFeb 1, 2009 · We show that, as the accumulated stock of information provision increases, both the optimal level of information provided at each period of time and the optimal tax rate decline over... WebApr 14, 2024 · To satisfy the continuously high energy consumption and high computational capacity requirements for IoT applications, such as video monitoring, we integrate solar harvesting and multi-access edge computing (MEC) technologies to develop a solar-powered MEC system. Considering the stochastic nature of solar arrivals and channel …
Optimal Dynamic Information Provision - NASA/ADS
WebWe study a dynamic model of information provision. A state of nature evolves according to a Markov chain. An informed advisor decides how much information to provide to an … WebDec 14, 2011 · This paper examines, within a dynamic framework, the role of information provision as a policy instrument to supplement environmental taxation. Several products are responsible for health as well as environmental damages. Many consumers do not possess the required information to optimally substitute away from these products. However, as … philippine airlines schedule flight
Differentiability of the value function without interiority assumptions
WebOptimal Dynamic Information Provision J er^ome Renaulty, Eilon Solan z, and Nicolas Vieille x August 20, 2024 Abstract We study a dynamic model of information provision. A state of na-ture evolves according to a Markov chain. An informed advisor decides how much information to provide to an uninformed decision maker, so as to in WebDownloadable (with restrictions)! We study a dynamic model of information provision. A state of nature evolves according to a Markov chain. An advisor with commitment power decides how much information to provide to an uninformed decision maker, so as to influence his short-term decisions. We deal with a stylized class of situations, in which the … WebIn this paper, we study a dynamic model of information provision, with the goal of identifying the optimal information provision policy. The participants are (a) an advisor and (b) a sequence of short-lived “investors”, who each decide whether to take a risky action, such as a short-run investment. philippine airlines safety