Showing 1 - 10 of 1,607
We report two information cascade game experiments that directly test the impact of altruism on observational learning … opportunities to learn about the strategies played by observed which amplifies the impact of altruism on observational learning …
Persistent link: https://www.econbiz.de/10012995188
The paper investigates social-learning when the information structure is not commonly known. Individuals repeatedly … interact in social-learning settings with distinct information structures. In each round of interaction, they use their … behavior in the long-run if and only if individuals distinguish social-learning settings and receive rich feedback after each …
Persistent link: https://www.econbiz.de/10012996206
learning, and even idiosyncratic variation. Our paper cautions that the slider task will be underpowered for uncovering a …
Persistent link: https://www.econbiz.de/10013021431
We describe a dynamic model of costly information sharing, where private information affecting collective-value actions is transmitted by social proximity. Individuals make voluntary contributions towards the provision of a pure public good, and information transmission about quality of...
Persistent link: https://www.econbiz.de/10013315678
This article investigates the macro-level drivers of adult-age language learning. We construct a new dataset that … covers German language learning in 77 countries (including Germany) for 1992-2006. Fixed-effects regressions show that … language learning in the EU is strongly associated with immigration. Instead, immigration by non-EU citizens in associated with …
Persistent link: https://www.econbiz.de/10012952480
implications of the theory literature on this topic in an empirical study of the US cement industry between 1994 and 2006. Firms in … these markets via both domestic production and imports. Consistent with the theory, we find a negative relationship between …
Persistent link: https://www.econbiz.de/10013138028
A nudge is a non-coercive paternalistic intervention that attempts to improve choices by manipulating the framing of a decision problem. As any paternalism, it faces the difficulty of determining the appropriate welfare criterion. We propose a welfare-theoretic foundation for nudging similar in...
Persistent link: https://www.econbiz.de/10013023118
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of profound uncertainty about the benefits of public goods, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private...
Persistent link: https://www.econbiz.de/10012994342
Riordan and Sappington (JET, 1988) show that in an agency relationship in which the agent's type is correlated with a public ex post signal, the principal may attain first best (full surplus extraction and efficient output levels) if the agent is faced with a lottery such that each type is...
Persistent link: https://www.econbiz.de/10012917515
Information about the future may be instrumentally useful, yet scary. For example, many patients shy away from precise genetic tests about their dispositions for severe diseases. They are afraid that a bad test result could render them desperate due to anticipatory feelings. We show that...
Persistent link: https://www.econbiz.de/10013315497