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Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for …, incentivized setup many subjects do not treat money as fungible. When a label is attached to a part of their budget, subjects …
Persistent link: https://www.econbiz.de/10013325156
central bank money. The key differences between cash and central bank digital currency (CBDC) include transaction efficiency …
Persistent link: https://www.econbiz.de/10014354569
Job seekers often face substantial information frictions related to potential job quality. This is especially true in … in Indonesia to explore how information about intermediary quality shapes migration choices and outcomes. Information …-departure preparation and have higher-quality job experiences abroad, despite no change in occupation or destination. Information does not …
Persistent link: https://www.econbiz.de/10014083967
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/10013108628
the employer's knowledge (information) regarding the employees' productivity levels on the total time spent by the workers …
Persistent link: https://www.econbiz.de/10013096774
under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts … concerned committee members receive private information of different type-dependent accuracy, deliberate and vote. We study … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10013023008
The Peter Principle captures two stylized facts about hierarchies: first, promotions often placeemployees into jobs for which they are less well suited than for that previously held. Second,demotions are extremely rare...
Persistent link: https://www.econbiz.de/10005862318
The Australian Government launched the My School website in 2010 to provide standardised information about the quality … Victoria to estimate the effect of the publication of school quality information on property prices. We use a difference …-in-difference approach to estimate the causal effect of the release of information about high-quality and low-quality schools relative to …
Persistent link: https://www.econbiz.de/10012966818
expenditure regardless of their level of literacy. Spillovers not only raise the cost effectiveness of health information programs …
Persistent link: https://www.econbiz.de/10012985678
We investigate the effects of pay comparison information (i.e. information about what co-workers earn) and effort … comparison information (information about how co-workers perform) in experimental firms composed of one employer and two … employees. Exposure to pay comparison information in isolation from effort comparison information does not appear to affect …
Persistent link: https://www.econbiz.de/10013325039