Showing 1 - 10 of 187
We study the interplay between quality provision and consumer search in a search market where firms may design products of inferior quality to promote them to naive consumers who fail to fully understand product characteristics. We derive an equilibrium in which both superior and inferior...
Persistent link: https://www.econbiz.de/10014476771
We study the implications of biased consumer beliefs for search market outcomes in the seminal framework due to Diamond (1971). Biased consumers base their search strategy on a belief function which specifies for any (true) distribution of utility offers in the market a possibly incorrect...
Persistent link: https://www.econbiz.de/10014476790
retention probability. Thus, when deciding how centralized recruiting should be, leaders face a trade-off: while delegating …
Persistent link: https://www.econbiz.de/10014551584
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 …
Persistent link: https://www.econbiz.de/10013190508
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 …
Persistent link: https://www.econbiz.de/10012033428
, implying endogeneity of policy preferences. The information treatment also affects non-partisan swing voters. …
Persistent link: https://www.econbiz.de/10012033537
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. …
Persistent link: https://www.econbiz.de/10011905178
This paper studies how information control affects incentives for collusion and optimal organizational structures in … productive agent's private information and the supervisor and agent may collude. I show that the principal optimally delegates …
Persistent link: https://www.econbiz.de/10012160310
levels to spending on early and primary education. Effects of information provision persist over a two-week period in a …
Persistent link: https://www.econbiz.de/10011975908
. Experimental provision of return and cost information significantly increases educational aspirations. However, it does not close … the aspiration gap as university graduates respond even more strongly to the information treatment. Persistent effects in … a follow-up survey indicate that participants indeed process and remember the information. Differences in economic …
Persistent link: https://www.econbiz.de/10011900075