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 …

We experimentally study the effect of information about competitors ́actions on cartel stability and firms ́incentives … information is available and participants cannot communicate. In contrast, when communication is possible, results reverse …: Markets become less competitive and cartels become more stable when individualized information is available. We also observe …

traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times …-phone with traffic information as a reward in our experiment respond to the deviation of actual travel times from the expectation …, which they did not do before. This we interpret as evidence that traffic information indeed affects behaviour. We also find …

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

We identify the conditions under which voters can induce political parties to collect information and to select … voting rule should encourage parties to collect information. Voting rules that focus on the opposition party sometimes … information. However, in contrast to office motivated parties, policy motivated parties will sometimes select policies that …