Showing 1 - 10 of 2,363
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 …
Persistent link: https://www.econbiz.de/10009534049
such a degree that it is in fact optimal for all non-experts to contribute their bits of information. A single individual … noise by holding back their information strongly and significantly increases. …
Persistent link: https://www.econbiz.de/10012257743
agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are …, agents exert higher efforts in the first period and adjust their efforts according to the interim information in the second …
Persistent link: https://www.econbiz.de/10003652683
learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate … attention (=information processing capacity) to learning about the productivity of different worker groups. I find that firms …
Persistent link: https://www.econbiz.de/10009300804
and benefit schedule and an information policy in a Norwegian welfare reform facilitate our study. The presence of notches … locations of benefit phase-out regions allows us to pin down the role of information. Our analysis delivers two main findings … attenuated by at least 70%. Second, the observed elasticity among those who receive the information letter is at least twice as …
Persistent link: https://www.econbiz.de/10012321979
This paper examines the unintended strategic effects of non-linear incentives in public policies. A system of health care subsidies structured in discrete intervals may lead to strategic behaviour. We provide new evidence on this issue, focusing on a case where the strategic actions are taken by...
Persistent link: https://www.econbiz.de/10012295406
it mitigates is zero. However, I show that consumers can be made sensitive to impact through a simple information … treatment that increases the salience of subsidies and matches. Salient information increases average WTP for carbon mitigation …-mitigating attribute of offsets and, as a result, appear indifferent to impact variations in the absence of information. Finally, I show …
Persistent link: https://www.econbiz.de/10013545793
We use rich microdata on bank robberies to estimate individual-level disutilities of imprisonment. The identification rests on the money versus apprehension trade-off that robbers face inside the bank when deciding whether to leave or collect money for an additional minute. The distribution of...
Persistent link: https://www.econbiz.de/10011664459
Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the case of derived demand. -- derived demand ; indirect demand...
Persistent link: https://www.econbiz.de/10003333109
appropriate for a unilateral information structure: the single beneficiary has complete information on the cost and benefit of the … project while the government official has no such information and the cost bearers have information only on each other's costs …. -- Indivisible project ; single beneficiary ; multiple-cost bearers ; unilateral information ; efficient and fair implementation …
Persistent link: https://www.econbiz.de/10003847080