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Bernard, René; Tzamourani, Panagiota; Weber, Michael - 2021 - Revised version: February 2022

This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2...

Persistent link: https://www.econbiz.de/10013326470

Climate change and individual behavior

Bernard, René; Tzamourani, Panagiota; Weber, Michael - 2022

This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions increases individuals’ willingness to pay for CO2...

Persistent link: https://www.econbiz.de/10012821798

The (in)elasticity of moral ignorance

Serra-Garcia, Marta; Szech, Nora - 2019

We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We propose that individuals suffer from higher moral costs when rejecting a certain donation, and thus pay for moral ignorance. Consistent with our model, we find significant...

Persistent link: https://www.econbiz.de/10011993589

Information acquisition and diffusion in markets

Atayev, Atabek; Janssen, Maarten C. W. - 2021

Consumers can acquire information through their own search efforts or through their social network. Information diffusion via word-of-mouth communication leads to some consumers free-riding on their “friends” and less information acquisition via active search. Free-riding also has an...

Persistent link: https://www.econbiz.de/10012672128

Selling certification of private and market information

Celik, Gorkem; Strausz, Roland - 2024

We consider a monopolistic certifier selling certification services to a partially privately informed seller. The certifier can enable the seller to disclose her private information publicly, as well as gather additional market information about the good's quality publicly. We show that the...

Persistent link: https://www.econbiz.de/10015053483

Beyond value : on the role of symmetry in demand for information

Llorente-Saguer, Aniol; Oliveros, Santiago; Zultan, Ro'i - 2024

Persistent link: https://www.econbiz.de/10015055869

Multiple tasks, hard information gathering, muted incentives and specialization by project

Bennardo, Alberto; Abatemarco, Antonio - 2024

Persistent link: https://www.econbiz.de/10015333927

Founder personality and scaling decisions in entrepreneurial firms

Becker, Annette; Hottenrott, Hanna; Mukherjee, Anwesha - 2025

Personality drives human decision-making. Research on corporate research and development (R&D), however, typically … considers strategic decision-making to be independent of the decisionmaker’s personality traits. This study investigates the … building on an entrepreneurial decision model that illustrates the different roles of major personality trait (ROCEAN: risk …

Persistent link: https://www.econbiz.de/10015331880

Credence goods, costly diagnosis, and subjective evaluation

Bester, Helmut; Dahm, Matthias - 2014

We study contracting between a consumer and an expert. The expert can invest in diagnosis to obtain a noisy signal about whether a low-cost service is sufficient or whether a high-cost treatment is required to solve the consumerś problem. This involves moral hazard because diagnosis effort and...

Persistent link: https://www.econbiz.de/10010429934

What moves households' expectations during a crisis? : evidence from a randomized information experiment

Metiu, Norbert; Stockerl, Valentin - 2024

Using a randomized information experiment embedded in a representative survey, we study households' economic expectations at onset of the COVID-19 crisis. Our experimental evidence indicates that households are not fully aware of what is happening in the economy shortly after the pandemic...

Persistent link: https://www.econbiz.de/10015205429