take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the …

information about worker ability as the incumbent firm. I develop a model of asymmetric learning that nests the symmetric learning … find strong support for asymmetric information.I first exploit the fact that groups of workers differ in their variances in … interest in my model representing the degree to which information is asymmetric. My estimates imply that in one period, outside …

experience levels due to imperfect information. We believe this represents a significant reinterpretation of the empirical …

education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …

expenditure regardless of their level of literacy. Spillovers not only raise the cost effectiveness of health information programs …

sugar plantations, since the extreme demographic and social conditions prevailing in the latter have persistently affected … family formation patterns. By exploiting the exogenous variation in sugar suitability, we establish the following. In 1850 …, sugar suitability is indeed associated with extreme demographic outcomes within the slave population. Over the period 1880 …