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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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We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is...
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This report provides an overview on the economics of attention intermediaries. It addresses the following questions: What are the economics of attention intermediaries? For competition policy, how should markets be defined and market power of attention intermediaries be assessed? What theories...
Persistent link: https://www.econbiz.de/10012244103
legislative regulation of outsourcing. Probably, qualified impact evaluations of this phenomenon should be made, before any …
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Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political …
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The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …
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