relative contributions of involved agents are blurred; either by lack of information about the actual performance of … coarse performance information lead to bargaining asymmetries. In addition, we find that bargainers' subjective entitlements … are also influenced by performance information and the randomness inherent in the production process. These differences in …

Economists usually think that rational voters have little incentives to acquire costly information. We present a … information if media technology is available because then they do not condition their informational decisions on being pivotal …-ride. Further, we show how the quality of information depends on the size of the electorate, the prior knowledge of voters and on …

No voters cast their votes based on perfect information, but better educated and richer voters are on average better … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …