• Jeff Ely

Let's Hope Not

Updated: Jun 23, 2020

My response to Alex Tabarrok and Tyler Cowen's persuasive argument that advances in information technology may allude to the end of asymmetric information. I discuss several caveats to their conclusions.

Read here.

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Optimal Feedback in Contests

Joint with George Georgiads, Sina Khorasani and Luis Rayo We derive optimal contests for environments where output takes the form of breakthroughs and the principal has an informational advantage ove