important features. First, the manager has more information about a junior's ability than the junior himself. Second, the junior … task to the junior for which it is important that the junior has a correct perception of his ability. Information is shared … perceives as less able. Information is then shared through a costly signal. …

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

the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …

supplied information. Outside of the lab, it is difficult to disentangle the effect of the cost of information itself from the … effect of self-selection by individuals who tend to gain the most from this information. We thus create an environment in the … lab where subjects are offered additional, useful and identical information on the state of the world across treatments …

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to … the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … incumbent and challenger increase their campaign spending when detrimental information affects the incumbent's reputation …

We study a model of collective decision making with endogenous information collection.Agents collect information about … collecting information. …

. It also provides extra information to `markets' that evaluate decision-makers: comparisons become possible. We identify …

available information, and 2) given expectations, agents solve optimization problems and these solutions in turn determine …