Showing 1 - 10 of 92
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …
Persistent link: https://www.econbiz.de/10011279246
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10011279266
), infrastructure indicators (telephone density, electricity consumption), telecommunications pricing measures, and regulatory quality …. With the exception of trade openness and the telecom pricing measures, these variables enter in as statistically …
Persistent link: https://www.econbiz.de/10005822834
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10011279343
under imperfect information, these findings are consistent with Indonesia citizens over-estimating the net gains from …
Persistent link: https://www.econbiz.de/10009325431
and use. Our evidence points to the role of imperfect information. The introduction of IRS may have made the problem of …
Persistent link: https://www.econbiz.de/10010839294
biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … affect how people picture the future. This paper studies the role of public information dissemination, or publicity, in a …
Persistent link: https://www.econbiz.de/10004969323
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … since the underdogs almost never quit the competition even when lagging significantly behind, and frontrunners do not slack …
Persistent link: https://www.econbiz.de/10005703358
repeated negative institutional shocks and how such shocks influence the development of an information matrix as well as the … transmission of information across time and generations. We show that African-Americans who were less likely to be influenced by … negative institutional shocks and the information stock created from these experiences, have similar self-employment rates to …
Persistent link: https://www.econbiz.de/10005822895
information on the value of the IV. This leads to violation of the exclusion restriction. We analyze this in a dynamic economic …
Persistent link: https://www.econbiz.de/10005763520