We analyze two experiments that provided direct information on school test scores to lower-income families in a public … school choice plan. We find that receiving information significantly increases the fraction of parents choosing higher … disadvantaged students when parents have easy access to test score information and have good options to choose from …

This paper explores environments in which either the revelation or diffusion of information, or its incorporation into … methodology and for understanding the process by which stock prices incorporate information. Two environments are highlighted …. First, information is often not revealed in one announcement but rather through a process of gradual public revelation …

Using information on the sales of debt claims for 132 U.S. Chapter 11 bankruptcy cases, we show that large trade … pronounced for more opaque distressed firms, when trade creditors' information advantage is likely largest. This evidence shows … that suppliers that extend significant amounts of trade credit hold private information about their trade partners. Trade …

Information is a fundamental component of all financial transactions and markets, but it can arrive in multiple forms …. We define what is meant by hard and soft information and describe the relative advantages of each. Hard information is … quantitative, easy to store and transmit in impersonal ways, and its information content is independent of its collection. As …

We study the information aggregation properties of unanimous voting rules in the laboratory. In line with theoretical …

We develop online survey experiments to analyze how information about inequality and taxes affects preferences for … redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U …