Asset price processes are completely described by information processes and investors´ preferences. In this paper we … stylized facts that look at first hand like financial market anomalies may be explained by an information process with …

This paper delineates the simultaneous impact of non-anticipated information on first and second moments of the … about the precise price impact of this information. Analyzing the US employment report, we find that headline information is …

This paper studies the effect of information about a charity's size on individuals' donations to that charity. We …

In two empirical surveys in Germany the link between the information respondents have about climate change and their … extreme weather events and trust in external aid. Surprisingly, information campaigns based on scientific facts are not …

We experimentally study the effect of information about competitors' actions on cartel stability and firms' incentives … information is available and participants cannot communicate. In contrast, when communication is possible, results reverse …: Markets become less competitive and cartels become more stable when individualized information is available. We also observe …

Collective decision procedures should balance the incentives they provide toacquire information and their capacity to … aggregate private information. In a decisionproblem in which a project can be accepted or rejected once information about its … the other agent's vote.This in turn determines the decision to acquire information. In the debate about a rationalchoice …

political process and the production of policy relevant information; on the role played by probing into candidates' past; and on …

and the firm can base its incentive payments on good information. Competition, however, may allow themarket and explicit …