This paper analyzes a randomized experiment to shed light on the role of information and social interactions in … encouraged a random sample of employees in a subset of departments to attend a benefits information fair organized by the …

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 …

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 …

The effect of new health information on individuals' expectations about their longevity is examined using a Bayesian …

We decompose stock returns into components attributable to tangible and intangible information. A firm's tangible … return is the component of its return attributable to fundamental accounting-performance information, and its intangible … return is the component which is orthogonal to this information. Our evidence indicates that intangible information reliably …

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 …

more likely to benefit from trading in stocks affected by information events, we find that funds trading such stocks …

then provide 22 different forms of information regarding past, current and/or future inflation and interest rates …. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments … constrained capacity to collect and process information.Institutional subscribers to the NBER working paper series, and residents …