obtained in a complete information setting, where coordination is easy, to those obtained in a setting with strategic risk … deterrent effect under complete information, this does not hold anymore under strategic risk. Rather, we find that increases in …

Employment matches under uncertainty are typically accompanied by opportunities for information acquisition. Workers … can acquire specific information about productivity lotteries at the firm or general information affecting their … probabilistic beliefs about work elsewhere. Enterprises can acquire specific information concerning the productivity of a particular …

role of persistence, information, size and insurability of changes in economic resources. We next examine the empirical … and identify the income process or the information set of the individuals. Second, one can assume that the income process … or the amount of information that consumers have are known and tests the implications of the theory. In general there is …

treatment group that was given information about key Social Security provisions and a control group that was not. The experiment … behavior, the information intervention increased survey measures of the perceived returns to working longer, especially among …

When there is uncertainty about a CEO's quality, news about the firm causes rational investors to update their … stock price reaction to news, and hence lowering the stock return volatility. Thus, in addition to uncertainty about … fundamentals, uncertainty about CEO quality is also a source of stock return volatility, which decreases over a CEO's tenure as the …

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 …

poverty and weak governance reduce the ability to address the negative externalities that come with density. This paper models …

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

In July 2002, FINRA began mandatory dissemination of price and volume information for corporate bond trades. This paper …