Showing 1 - 10 of 29
Changes in technologies for reproducing and redistributing digital goods (e.g., music, movies, software, books) have dramatically affected profitability of these goods, and raised concerns for future development of socially valuable digital products. However, broader illegitimate distribution of...
Persistent link: https://www.econbiz.de/10013136546
communication between subjects. In reality, however, altruism usually requires interaction between givers and receivers, which … altruism are built on human sociality. We experimentally examine communication in which one subject allocates $10 between … recipients had been able to ask, even when they were silent. We conclude that communication dramatically influences altruistic …
Persistent link: https://www.econbiz.de/10013138083
The dynamic behavior of security prices is studied in a setting where two agents trade strategically and learn over time from market prices. The model introduces an information structure which is intended to capture the notion that information is difficult to interpret. Strategic interaction and...
Persistent link: https://www.econbiz.de/10013139449
Empirical studies on information communication technologies (ICT) typically aggregate the "information" and … "communication" components together. We show theoretically and empirically that these have very different effects on the empowerment …' lower level agents. Conversely, technologies reducing communication costs substitute agent's knowledge for directions from …
Persistent link: https://www.econbiz.de/10013117035
Social networks and social interactions affect individual and social norms. We develop a direct test of this using Dutch survey data on how respondents evaluate work disability of hypothetical people with some work related health problem (vignettes). We analyze how the thresholds respondents use...
Persistent link: https://www.econbiz.de/10013123640
because decentralized trading impedes communication and, in so doing, opens the door to self-fulfilling beliefs despite the …
Persistent link: https://www.econbiz.de/10013124854
Cellular technologies have become increasingly important in the developing world; infrastructure for mobile networks has expanded dramatically over the past two decades giving access to remote areas without previous phone service. Despite this expansion, relatively little is known about the...
Persistent link: https://www.econbiz.de/10013038375
communication about future interest rate decisions based on information from the Internet and news sources. We apply the methodology … announcements, whereas longer-dated Treasuries mainly react to changes in policy communication. Using lower frequency data, we find …, we find communication to be a more important determinant of Treasury rates than contemporaneous policy rate decisions …
Persistent link: https://www.econbiz.de/10013150907
When is it possible for one person to persuade another to change her action? We take a mechanism design approach to this question. Taking preferences and initial beliefs as given, we introduce the notion of a persuasion mechanism: a game between Sender and Receiver defined by an information...
Persistent link: https://www.econbiz.de/10013153918
We provide a selective survey of empirical evidence on the effects as well as the drivers of persuasive communication … response to persuasive communication? In particular, we distinguish information-based models from preference-based models …
Persistent link: https://www.econbiz.de/10013156680