using promise of future payments and information gathering. The agent's effort incrementally advances production and such … advance is a prerequisite for gathering new information. The principal decides how much information to gather based on these …

We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately …

could hamper the quality of information transmission. This effect is illustrated by studying the limit of equilibria with … expert only. Second, under some signal structures, no information can be transmitted in equilibrium, even though informative … that ensures perfect information aggregation in the limit. …

We show how information acquisition costs can be identified using observable choice data. Identifying information costs … sets-which require more or less information to make choices-we establish a set of canonical properties that are necessary … and sufficient to identify information costs. We also provide an axiomatic characterization of the induced rationally …

aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with … information is not aggregated. The main driving force is that, everything else equal, voters are more likely to be pivotal if the …

We investigate strategic information transmission with communication error, or noise. Our main finding is that adding …

information a decision maker can acquire, pay attention to, or absorb via an information choice process (ICP). An ICP specifies … the information that can be acquired about the payoff-relevant state in the current period and how this choice affects … information constraint on the history of information choices and state realizations, we show that the constraints imposed by them …

We develop a model of information exchange through communication and investigate its implications for information …{private signal} correlated with the underlying state, they exchange information over the induced \textit{communication network} until … ``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information …

information to the designer. …