Showing 1 - 10 of 118
Performance-raising practices tend to diffuse slowly in the health care sector. To understand how incentives drive adoption, I study a practice that generates revenue for hospitals: submitting detailed documentation about patients. After a 2008 reform, hospitals could raise their Medicare...
Persistent link: https://www.econbiz.de/10012453219
In official international trade statistics, annual commerce between every pair of countries is reported twice: once by the importing country and once by the exporter. These double reports provide an opportunity for audit. In principle, the two reported trade values should differ systematically...
Persistent link: https://www.econbiz.de/10012456086
Private equity funds hold assets that are hard to value. Managers may have an incentive to distort reported valuations if these are used by investors to decide on commitments to subsequent funds managed by the same firm. Using a large dataset of buyout and venture funds, we test for the presence...
Persistent link: https://www.econbiz.de/10012456184
We test and compare the effects of introduction of two new financial information technologies, EDGAR and XBRL, on well …-known asset pricing anomalies often attributed to mispricing. EDGAR facilitates easier access to public accounting information … about public firms; XBRL reduces the cost of processing such information. Using stacked difference …
Persistent link: https://www.econbiz.de/10015056093
Persuasive communication functions not only through content but also delivery, e.g., facial expression, tone of voice …
Persistent link: https://www.econbiz.de/10012599338
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
How do communication costs affect the production of new ideas and inventions? To answer this question, we study the … showing how a fall in communication costs can increase the rate at which scientific knowledge is exchanged and new ideas and … and urban economics positing that more ideas can emerge from communication between individuals …
Persistent link: https://www.econbiz.de/10013210104
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 … assumptions, resistance, validity, prior information, access to new methods, and the responsiveness of data analysis researchers …
Persistent link: https://www.econbiz.de/10012479059
Information is a crucial ingredient in economic decision making. Yet measuring the extent of information exchange among … from more than one million users in a Chinese city over twelve months to quantify information exchange among individuals … and examine its role in urban labor markets. We present the first empirical evidence that information flow (measured by …
Persistent link: https://www.econbiz.de/10012479822
information, but differ in two dimensions: the rules governing communication, which determine whether information is verifiable …We investigate models of cheap talk, information disclosure, and Bayesian persuasion, in a unified experimental …; and the sender's commitment power, which determines the extent to which she can commit to her communication strategy …
Persistent link: https://www.econbiz.de/10012480348