socioeconomic gradient. We focus on information gaps - specifically, incomplete information about college benefits and costs - as a … potential explanation for these patterns. For this purpose, we conduct an information experiment about college returns and costs … outcomes of interest. Respondents are then randomly exposed to one of two information treatments, which respectively provide …

This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …

Acquiring information about destinations can be costly for migrants. We model information frictions in the rational … predicts that ows from countries with a higher cost of information or stronger priors are less responsive to variations in … economic conditions at destination, as migrants rationally get less information before deciding where to move. The econometric …

drive the demand for risk reduction, and some to alter both. Our findings suggest that 30 percent of all insurance payments …

and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … have important implications for policies that interact with existing informal insurance arrangements. …

with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then … standard functional form restrictions ensure that individual objective functions are optimized by an effort and insurance … combination that is unique and satisfies first- and second-order conditions. Modeling insurance incompleteness in terms of costly …

Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …

a difference to the rigorous normative evaluation of decisions in a case study of insurance purchases. We also show that …