Showing 1 - 10 of 47
A rational-expectations equilibrium with positive demand for financial information does exist under fully revealing … average portfolio demand information in equilibrium if they can adjust portfolio size. More information diminishes the … endowments strongly differ from the average portfolio are worse off. Under fully revealing price, information market equilibria …
Persistent link: https://www.econbiz.de/10011451345
-set deviation compared to single-set ones; an interpretation is given in terms of information costs; examples show the relevance of …
Persistent link: https://www.econbiz.de/10009781643
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10011565610
comparative evidence on public preferences for education spending, we conduct representative experiments with information …, providing information about actual spending and salary levels reduces support for increased education spending from 54 to 40 … preferences are similar across the three countries when the role of status-quo and information are taken into account. …
Persistent link: https://www.econbiz.de/10012123030
We examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the … information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …
Persistent link: https://www.econbiz.de/10012156434
implement or they target younger children. We partner text-messaging technology with school information systems to automate the … gathering and provision of information to parents at scale. In a field experiment across 22 middle and high schools, we used …
Persistent link: https://www.econbiz.de/10011658035
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10011404317
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10011398061
The electorates' lack of information about the extent of public spending may cause misalignments between voters … treatment groups with information on current spending levels. Results show that such information strongly reduces support for … public spending in various domains from social security to defense. Data on prior information status on school spending and …
Persistent link: https://www.econbiz.de/10011482935
described for the case where the two parties can simultaneously reveal information publicly to uninformed voters. Inverse …
Persistent link: https://www.econbiz.de/10011507668