information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is … positively associated with the quantity and timeliness of analyst reports. Soft information collection, as proxied by propensity … star analyst. Both hard and soft information collection improve forecast precision, a causal result that we confirm using …

-provision of information; while if the issuer-pays can force disclosure, it is efficient, but otherwise it leads to less revealing … information because of the systematic distortion in revealed information along with over-investment in information. We show that …

characterize the equilibrium level of capture of each source by competing SIGs as well as the equilibrium level of information … learning. We show that efforts to capture an information source are strategic substitutes: citizens' skepticism of messages … substitution exacerbates horizontal differentiation so the information landscape becomes more polarized. We finally show that …

Economics has long studied how consumers respond to the disclosure of information about firms. We study a case in which … the disclosed information is unrelated to the product or firm leadership, but which could still potentially affect … consumer patronage through the mechanism of repugnance, as described in Roth (2007). The information in this case concerns the …

teaching job). We run a randomized information experiment where we provide students with information on the pecuniary and non …, they update these beliefs when provided with information, and that this information has limited impacts on their choices …

This paper assesses different organizational forms in terms of their ability to generate information about investment … likely to be attractive when information about individual projects is soft' and cannot be credibly transmitted. Moreover …, holding fixed firm size, soft information also favors flatter organizations with fewer layers of management. In contrast …

We introduce information frictions into a tractable quantitative multi-country multi-sector model with global value …' information sets with new quarterly data containing the frequencies of country-industry-specific economic news reports by 11 … information frictions are amplified by the global production network. These information frictions appear as correlated labor …