experimental paradigm, randomized information provision, along with some examples. Next, we outline a few methodological issues …

This paper assesses different organizational forms in terms of their ability to generate information about investment … likely to be attractive when information about individual projects is soft' and cannot be credibly transmitted. Moreover …, holding fixed firm size, soft information also favors flatter organizations with fewer layers of management. In contrast …

A model of interest rate movements in response to new information on the money stock is developed.The model, which …

Employment matches under uncertainty are typically accompanied by opportunities for information acquisition. Workers … can acquire specific information about productivity lotteries at the firm or general information affecting their … probabilistic beliefs about work elsewhere. Enterprises can acquire specific information concerning the productivity of a particular …

Information is a fundamental component of all financial transactions and markets, but it can arrive in multiple forms …. We define what is meant by hard and soft information and describe the relative advantages of each. Hard information is … quantitative, easy to store and transmit in impersonal ways, and its information content is independent of its collection. As …

or the amount of information that consumers have are known and tests the implications of the theory. In general there is … role of persistence, information, size and insurability of changes in economic resources. We next examine the empirical … and identify the income process or the information set of the individuals. Second, one can assume that the income process …

-optimal tariff, in order to conceal weakness. It also suggests a new information-based theory of gradualism in trade agreements … bindings (i.e., precise tariff levels). Consistent with practice, the theory also predicts that governments sometimes apply … tariffs that are strictly below their bound rates. When private information is persistent through time, an enforcement …