important features. First, the manager has more information about a junior's ability than the junior himself. Second, the junior … task to the junior for which it is important that the junior has a correct perception of his ability. Information is shared … perceives as less able. Information is then shared through a costly signal. …

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 …

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 …

. It also provides extra information to `markets' that evaluate decision-makers: comparisons become possible. We identify …

estimation of the parameters in an auxiliary model. The learning scheme employed by the agents belongs to the class of stochastic …

games when two simplebehavior rules coexist in the population, imitation and myopic optimization.We assume that myopic …