We examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the … information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …

When the information used by a principal to monitor an agent is private, and thus non-verifiable by a third party, the … information in order to collect a monetary penalty from him. Restoring credibility may lead to an extreme waste of resources … efficient outcome is feasible by exploiting the timing of private information. If the private information arrives before the …

imitating a less productive type receives an information rent and (2) with full separation, one imitating a more productive type …

This paper explores the role of information transmission in explaining donors ́choice between project aid and budget … ́information is more relevant (centralization). The empirical analysis confirms that the importance of donors ́private information …

This paper explores the role of information transmission and misaligned interests across levels of government in … explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …" consists of unverifiable information and the quality of communication depends on the conflict of interests between the …

agents have unobservable intrinsic motivation levels. I show that the non-contractibility of effort (asymmetric information …