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Problem Definition: We consider a buyer that needs to source a fixed quantity. She faces several potential suppliers that might fail to deliver. The buyer conducts a procurement auction to determine contract suppliers and can choose between single-sourcing and multi-sourcing. If contract...
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about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise … opposing tuition. Providing information on the university earnings premium raises support for tuition by 7 percentage points …, turning the plurality in favor. The opposition-reducing effect persists two weeks after treatment. Information on fiscal costs …
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We show that a common (identical across investors) irrationality in information processing can be enough to create …), make investment horizon age-independent, and keep all information complete. The common irrationality in our model takes the … form of a somewhat non-Bayesian information processing. The resulting trade between such essentially identical individuals …
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support for tuition depends on information and design, we devise several survey experiments in representative samples of the … German electorate (N>19,500). The electorate is divided, with a slight plurality opposing tuition. Providing information on … opposition-reducing effect persists two weeks after treatment. Information on fiscal costs and unequal access does not affect …
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, implying endogeneity of policy preferences. The information treatment also affects non-partisan swing voters. …
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To study how information about educational inequality affects public concerns and policy preferences, we devise survey … experiments in representative samples of the German population. Providing information about the extent of educational inequality … strong positive information treatment effect, which is increased further by informing about policy effectiveness. …
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