The role of data analysis in communication, persuasion, and decision-making is discussed. Some problems with current … data-analysis practice are presented, including communication, complex models, large data bases, one-pass processing, rigid …

particularly attractive locations to offshore? In this paper we address these questions with a theory of international production … hierarchies in which organizations arise endogenously to make efficient use of agents' knowledge. Our theory highlights the role … that the positive effect of middle skills on offshoring is weaker, the more advanced are communication technologies in the …

Empirical studies on information communication technologies (ICT) typically aggregate the "information" and … "communication" components together. We show theoretically and empirically that these have very different effects on the empowerment …' lower level agents. Conversely, technologies reducing communication costs substitute agent's knowledge for directions from …

We provide a selective survey of empirical evidence on the effects as well as the drivers of persuasive communication … response to persuasive communication? In particular, we distinguish information-based models from preference-based models …

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real …-world developments have spawned a huge new scholarly literature on central bank communication -- mostly empirical, and almost all of it … written in this decade. We survey this ever-growing literature. The evidence suggests that communication can be an important …

We develop a model of asset price bubbles based on the communication process between advisors and investors. Advisors …