", which ensures that the old information is used correctly after an unforeseen event materializes. We find that participants …

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 …

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 …

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 …

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 …

information on the value of the IV. This leads to violation of the exclusion restriction. We analyze this in a dynamic economic …

suggests that self-image concerns asymmetrically affect the choice to get new information about one's abilities, and this …: individuals with a higher belief will be less likely to search for further information about their skill, because this information …