This thesis asks about the value of information for providing incentives in principal agent models with hidden action and limited liability. The classical literature deals with information in the form of signals that the ...

In strategic decision making, the agents' decisions depend crucially on the information they have. Less information means more uncertainty about the other agents' possible behavior, making strategic decisions more complex. ...

This thesis consists of three chapters each considering a specific part of firm activity.<br /> Chapter 1 focuses on a company that has to defend herself against a competitor who tries to raid parts of her workforce. This ...

This thesis consists of four essays which all analyze aspects of the role of private information and information design in different game theoretic settings. In the first chapter, I study the implications of rational ...

This dissertation studies the role of information in three different microeconomic environments and introduces for each an independent theoretical model.<br /> In the first chapter, we consider a deliberation and voting ...

This thesis concerns the enforcement of contracts in the presence of uncertainty. Sometimes uncertainty is exogenously given and the agents cannot influence its existence. Frequently, however, there is strategic uncertainty ...

The benchmark model of economics, expected utility theory, assumes that individuals manage uncertainty by forming beliefs about all relevant events and that these beliefs satisfy the probability axioms. There is ample scope ...