In the context of firm decision-making, several motives for acquiring and conveying information exist. Information … acquire and communicate information. We employ a cheap-talk model with information acquisition and communication by a firm … incentive to overstate this value to persuade or impress external parties. We show that information acquisition and …

the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …

political process and the production of policy relevant information; on the role played by probing into candidates' past; and on …

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to … the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … incumbent and challenger increase their campaign spending when detrimental information affects the incumbent's reputation …

approach which boils down to directly computing the extent of rent sharing from firm accounting information. Using matched … about 0.30 using either the productivity or the accounting approach. Only exploiting firm-level information brings this … approaches face important trade-offs. Hence, empirical economists interested in establishing that profits are shared should …