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The more perfectly informed politicians are about public opinion, the more they are chained to it.
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The result holds in a binary two-period model, as well as in a more general n-period model with perfectly informed or uninformed but learning investors.
Second, when some consumers are perfectly informed about market prices while others are not, price dispersion could arise as a mixed-strategy equilibrium outcome (Stigler 1961; Varian 1980).1 In this case, stores' relative positions in the price distribution change over time which makes it more difficult for consumers to identify the lowest-price store (Chandra and Tappata 2011).
The intermediaries (Agents) are perfectly informed regarding project types and can recommend that their clients (Principals) either proceed or discontinue a project.
Both the buyer (principal) and farmer are perfectly informed about the specification of these functions and the probability distribution over types.
Your bot can even filter advertising messages sent to you — in fact, in a world of perfectly informed bots, traditional advertising may have a diminished role.
You feel different afterwards - more alert, more informed.
Things could not have gone more perfectly.
Luz's trip couldn't have been more perfectly timed.
It's difficult to imagine a more perfectly balanced contest.
Is there any movie that's more perfectly French, more perfectly Parisian, and more perfectly 1950s than Louis Malle's debut Lift To The Scaffold?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com