Optimal policy intervention, constrained obfuscation and the social
value of public information

Luca Vittorio Angelo Colombo; Gianluca Femminis

doi:10.1016/j.econlet.2014.02.004

Optimal policy intervention, constrained obfuscation and the social value of public information

Research output: Contribution to journal › Article › peer-review

Abstract

We study the welfare implications of public information precision in a beauty contest framework allowing for optimal stabilization policies and information obfuscation. When policy makers' ability to obfuscate information is constrained, increasing public information precision can be welfare improving.

Original language	English
Pages (from-to)	224-226
Number of pages	3
Journal	Economics Letters
Volume	123
DOIs	https://doi.org/10.1016/j.econlet.2014.02.004
Publication status	Published - 2014

Keywords

Obfuscation
Optimal policy
Public information
Welfare

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10.1016/j.econlet.2014.02.004

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title = "Optimal policy intervention, constrained obfuscation and the social value of public information",

abstract = "We study the welfare implications of public information precision in a beauty contest framework allowing for optimal stabilization policies and information obfuscation. When policy makers' ability to obfuscate information is constrained, increasing public information precision can be welfare improving.",

keywords = "Obfuscation, Optimal policy, Public information, Welfare, Obfuscation, Optimal policy, Public information, Welfare",

author = "Colombo, \{Luca Vittorio Angelo\} and Gianluca Femminis",

year = "2014",

doi = "10.1016/j.econlet.2014.02.004",

language = "English",

volume = "123",

pages = "224--226",

journal = "Economics Letters",

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publisher = "Elsevier B.V.",

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T1 - Optimal policy intervention, constrained obfuscation and the social value of public information

AU - Colombo, Luca Vittorio Angelo

AU - Femminis, Gianluca

PY - 2014

Y1 - 2014

N2 - We study the welfare implications of public information precision in a beauty contest framework allowing for optimal stabilization policies and information obfuscation. When policy makers' ability to obfuscate information is constrained, increasing public information precision can be welfare improving.

AB - We study the welfare implications of public information precision in a beauty contest framework allowing for optimal stabilization policies and information obfuscation. When policy makers' ability to obfuscate information is constrained, increasing public information precision can be welfare improving.

KW - Obfuscation

KW - Optimal policy

KW - Public information

KW - Welfare

KW - Obfuscation

KW - Optimal policy

KW - Public information

KW - Welfare

UR - http://hdl.handle.net/10807/56562

U2 - 10.1016/j.econlet.2014.02.004

DO - 10.1016/j.econlet.2014.02.004

M3 - Article

SN - 0165-1765

VL - 123

SP - 224

EP - 226

JO - Economics Letters

JF - Economics Letters

ER -

Optimal policy intervention, constrained obfuscation and the social value of public information

Abstract

Keywords

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