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fence

Overview page. Subjects: Economics.

An option strategy involving either a purchased call and a written put or a written call and a purchased put for the same expiry date (cf. conversion; reverse conversion). Also known as a c...

See overview in Oxford Index

Disclosure and Choice

Elchanan Ben-Porath, Eddie Dekel and Barton L Lipman.

in The Review of Economic Studies

July 2018; p ublished online October 2017 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Information, Knowledge, and Uncertainy. 15175 words.

Abstract

An agent chooses among projects with random outcomes. His payoff is increasing in the outcome and in an observer's expectation of the outcome. With...