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| Ismail Saglam and Semih Koray |
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| ''Learning in Bayesian regulation: desirable or undesirable?'' |
| ( 2007, Vol. 3 No.12 ) |
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| We examine the social desirability of learning about the regulated agent in a generalized principal-agent model with incomplete information. An interesting result we obtain is that there are situations in which the agent prefers a Bayesian regulator to have more, yet incomplete, information about his private type. |
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| Keywords: |
JEL:
D8 - Information, Knowledge, and Uncertainty: General |
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| Manuscript Received : Mar 06 2007 | | Manuscript Accepted : Apr 08 2007 |
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