We study a repeated game with asymmetric information about a dynamic state of nature. In the course of the game, the better informed player can communicate some or all of his information to the other. Our model covers costly and/or bounded communication. We characterize the set of equilibrium payoffs, and contrast these with the communication equilibrium payoffs, which by definition entail no c...

Traders are often blamed for high prices, prompting government regulation. We study the effects of a ban layer financing intermediaries in edible oil supply chain Bangladesh during 2011–2012. Contrary to predictions standard model an oligopolistic chain, caused downstream wholesale and retail prices rise, pass-through changes imported crude price fall. These results can be explained by extensio...

In this paper we survey recent works on rational inattention (RI) in macroeconomics within the dynamic linear-quadratic-Gaussian (LQG) setting. We first discuss how RI affects consumption smoothness and sensitivity, precautionary savings, asset pricing, portfolio choice, and aggregate fluctuations in the univariate case. We then discuss the applications of RI to macroeconomic models of permanen...

Economists model time as continuous or discrete. The recent literature on continuous time models with delays should help to bridge the gap between these two families of models. In this note, we propose a simple time–to–build model in continuous time, and show that a discrete time version is a true representation of the continuous time problem under some sufficient conditions. JEL codes: O40, E3...

This paper presents the study of photoluminescent properties molecular compositions consisting melanin and an electron-acceptor material – fullerene derivative, [6,6]-phenyl C61 butyric acid methyl ester (PCBM). These have not been studied well are promising for electronics natural materials, in particular, organic solar cells. The novelty this work relates to photoluminescence spectra obtained...

Bu çalışmada, sol-jel yöntemi ile sentezlenmiş ZnO molaritesinin P3HT (Poli (3-hekzil tiyofen)):PCBM ((6,6) Fenil-C61-Bütirik asit metil ester) aktif tabakalı güneş hücresinde verime olan etkisi incelenmiş ve 0,1, 0,3 0,5 M değerlerinde çalışılmıştır. Aygıtların verim değerleri, 100 mw/cm2 ışıması altında Keithley 2400 kaynak ölçer cihazı yardımı belirlenmiştir. Ayrıca XRD, UV-Vis FESEM teknikl...