Showing 1 - 10 of 155
We study the political economy of policy innovations during the U.S. welfare reform in 1996. Specifically, we investigate how reputation concerns among governors influence the decision to experiment with welfare policies. In line with a political agency model, our empirical results suggest that...
Persistent link: https://www.econbiz.de/10011307323
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10013426341
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
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/10010282257
Rational voters update their subjective beliefs about candidates' attributes with the arrival of information, and … subsequently base their votes on these beliefs. Information accrual is, however, endogenous to voters' types and difficult to … updating by comparing the elicited priors and posteriors of voters, finding heterogeneous responses to information. Based on …
Persistent link: https://www.econbiz.de/10010293129
This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised product and its substitutes. We study the market for over-the-counter (OTC) weight-loss products, a market in which deceptive advertising is rampant and products are generally...
Persistent link: https://www.econbiz.de/10010293141
We examine the impact of an information intervention offered to 97 randomly chosen high schools in Finland. Graduating … students in treatment schools were surveyed and given information on the labor market prospects associated with detailed post …
Persistent link: https://www.econbiz.de/10011401645
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 …
Persistent link: https://www.econbiz.de/10011401724
Diaspora networks provide information to future migrants and influence both their decision to migrate and their success … networks that are more integrated in the society of the host country can give more accurate information about job prospects to …
Persistent link: https://www.econbiz.de/10010329158
) have all the relevant information they need to make proper decisions. We address this issue by exploiting the data … information on students' pre-test enrollment intentions, their final track choices and their performances in the upper secondary … Arianna. However, students (and their parents) are likely to revise their initial choice when new information on their true …
Persistent link: https://www.econbiz.de/10010333280