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outcome. We consider an endogenous information setting where firms can freely decide whether they want to share information … about their past production levels. By voluntarily sharing information, firms can show their willingness to cooperate. We … conduct a laboratory experiment where firms decide only about their production levels first, and the information they receive …
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assign parents to either an information group, who receives text messages with weekly data on their child’s attendance and …-specific information. While information has large impacts on attendance, test scores and grade promotion relative to the control group …
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An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his referrals remain high. The principal under-utilizes information in settings (i) and (ii). In setting …
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