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Unfavorable news are often delivered under the disguise of vagueness. Our theory-driven laboratory experiment investigates this strategic use of vagueness in voluntary disclosure and asks whether there is scope for policy to improve information transmission. We find that vagueness is profitably...
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and statements, and we investigate whether communication improves information aggregation and the accuracy of group … decisions. Our findings suggest that the effect of communication depends on the underlying accuracy of individual judgments …. Communication improves accuracy when individuals tend to be incorrect, but diminishes it when individuals are likely to be correct …
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communication, we also find systematic deviations from optimal behavior in how the communicated information is used. Specifically …
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Empirical studies on information communication technologies (ICT) typically aggregate the informationʺ and …" lower level agents. Conversely, technologies reducing communication costs substitute agent's knowledge for directions from … workers) are associated with more autonomy and a wider span of control. By contrast, communication technologies (like data …
Persistent link: https://www.econbiz.de/10003868135
Das Ziel des Forschungsvorhabens besteht zum einen darin, die Bedeutungskonstitution zu untersuchen. Zum anderen soll gezeigt werden, dass nationale und internationale monetäre Institutionen in ihren Kommunikationsformen nicht einem linear-kausalen Kommunikationsmodell folgen. Der neue...
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communication. We might expect interest rate expectations, and potentially other asset prices, to react to official communication if … such communication helps inform market participants. We find evidence that the publication of the Minutes of the Monetary … for the UK are arguably less strong than Kohn and Sack’s (2003) findings for US Federal Reserve communication. Although …
Persistent link: https://www.econbiz.de/10003384156