Year of Graduation
Double degree programme in Economics of the NRU HSE and the University of London
Asymmetric information is one of the important topics both in Game theory and Economics. Usually in games either information is perfect or one of players has some private information which makes information asymmetric. These information settings have already been examined. However, it can also be interesting to consider a dynamic setting when initially all parties have symmetric information but potentially one player can search and get the chance to obtain some private information. This paper analyses a particular model that conveys this idea.