Showing 1 - 10 of 147
Persistent link: https://www.econbiz.de/10005765806
We study adoption by more than 150,000 households of an optional transitional water tariff implemented in the South … look at the timing of the call, showing how most customers choose to call early on, when less information is available, but …
Persistent link: https://www.econbiz.de/10012916940
described for the case where the two parties can simultaneously reveal information publicly to uninformed voters. Inverse …
Persistent link: https://www.econbiz.de/10005406282
The paper investigates strategic campaigning in a model of redistributive politics in a society with many groups and two parties. Campaigns are informative, and parties can target campaigns to different groups. Voters are uncertain about whether parties fabor special groups. The parties will...
Persistent link: https://www.econbiz.de/10005406383
In many countries, lenders are not permitted to use information about past defaults after a specified period of time … permit lenders to fully utilize past information. We also argue that forgetting must be the outcome of a regulatory … intervention by the government — no lender would willingly agree to ignore information available to him. Finally, we show that the …
Persistent link: https://www.econbiz.de/10005406386
A rational-expectations equilibrium with positive demand for financial information does exist under fully revealing … average portfolio demand information in equilibrium if they can adjust portfolio size. More information diminishes the … endowments strongly differ from the average portfolio are worse off. Under fully revealing price, information market equilibria …
Persistent link: https://www.econbiz.de/10005406399
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 …
Persistent link: https://www.econbiz.de/10010877742
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10005094160
appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10005094193
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10005765715