Endogenous information in economic applications

Information economics analyzes how asymmetric information influences the behavior of economic agents and how this feeds into the properties of markets and other institutions. This project focuses on the origins of asymmetric information by analyzing incentives to produce and transfer information in economic applications such as auctions and innovation contests. The goal is to produce results that are useful for the design of auctions and R&D policies, and which advance our understanding of information transmission through social learning. The research is in the field of economic theory, and the main method of analysis is game theory. The research will be implemented at the Department of Economics of Aalto University, School of Business.