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information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is … positively associated with the quantity and timeliness of analyst reports. Soft information collection, as proxied by propensity … star analyst. Both hard and soft information collection improve forecast precision, a causal result that we confirm using …
Persistent link: https://www.econbiz.de/10014447257
asymmetric information about the preferences of their members? How effective should we expect it to be as we increase the group …
Persistent link: https://www.econbiz.de/10014226188
information is symmetrically distributed and the scoring bias is set to offset the initial asymmetry between players … signals and (ii) endogenous information structure. We show that information favoritism can play a useful role in addressing …
Persistent link: https://www.econbiz.de/10014247957
In the context of collecting property taxes from 13432 households in a district of Lima (Peru), we investigate whether prioritized enforcement can improve the effective use of limited enforcement capacity. We randomly assign households to two treatment arms: one replicating the city's usual...
Persistent link: https://www.econbiz.de/10013334436
How does lie detection constrain the potential for one person to persuade another to change her action? We consider a model of Bayesian persuasion in which the Receiver can detect lies with positive probability. We show that the Sender lies more when the lie detection probability increases. As...
Persistent link: https://www.econbiz.de/10013210093
We study a sequential experimentation model with endogenous feedback. Agents choose between a safe and risky action, the latter generating stochastic rewards. When making this choice, each agent is selfishly motivated (myopic). However, agents can disclose their experiences to a public record,...
Persistent link: https://www.econbiz.de/10014544761
information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be …
Persistent link: https://www.econbiz.de/10013388842
; asymmetric information and the income of founders; production and consumption externalities from labor effort; market power and …
Persistent link: https://www.econbiz.de/10013334417
We study how beliefs about firm value respond to public information stemming from either public announcements or …), where information is about which course of action is best for the firm. The analysis illustrates that extant work dismissing …, when homogeneous shareholders anticipate that firm decisions will be guided by information, the presence of differences in …
Persistent link: https://www.econbiz.de/10013477249
A sender sends a signal about a state to a receiver who takes an action that determines a payoff. A moderator can block some or all of the sender's signal before it reaches the receiver. When the moderator's policy is transparent to the receiver, the moderator can improve the payoff by blocking...
Persistent link: https://www.econbiz.de/10014486247