Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2013
We study the voluntary revelation of private, personal information in a labor-market experiment with a lemons structure … where workers can reveal their productivity at a cost. While rational revelation improves a worker's payout, it imposes a … to even less revelation. We show that three canonical behavioral models all predict too little rather than too much …