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

Luca Vittorio Angelo Colombo, Gianluca Femminis

Risultato della ricerca: Contributo in rivista › Articolo › peer review

2 Citazioni (Scopus)

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.

Lingua originale	Inglese
pagine (da-a)	224-226
Numero di pagine	3
Rivista	Economics Letters
Volume	123
DOI	https://doi.org/10.1016/j.econlet.2014.02.004
Stato di pubblicazione	Pubblicato - 2014

Keywords

Obfuscation
Optimal policy
Public information
Welfare

Accesso al documento

10.1016/j.econlet.2014.02.004

Altri file e collegamenti

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Cita questo

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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",

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

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AU - Colombo, Luca Vittorio Angelo

AU - Femminis, Gianluca

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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

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VL - 123

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JO - Economics Letters

JF - Economics Letters