Showing 1 - 10 of 166
information. Is this accurate? This paper addresses that question by providing a model and empirical test of how citizens' policy … preferences respond to information in the arena of anti-crime policy. The paper's model shows that preferences for anti … crime regimes social policies are. To evaluate the model, the authors employ an information experiment embedded in the 2017 …
Persistent link: https://www.econbiz.de/10011960886
A growing body of evidence suggests that people exhibit large biases when processing information about themselves, but … attending relatively better schools, tend to process new information on their own ability more effectively. …
Persistent link: https://www.econbiz.de/10012154090
Under certain conditions the optimal insurance policy will offer full coverage above a deductible, as Arrow and others have shown long time ago. Interestingly, the same design of insurance policies applies in case of a single loss and ex-ante moral hazard. However, many insurance policies...
Persistent link: https://www.econbiz.de/10001744785
It is believed that privatizations substantially contributed to boost stock markets through the 1980s and 1990s. However, trough which channels did that materialize? We test whether privatizations improving households' acquaintance with the risk and return characteristics of stocks through the...
Persistent link: https://www.econbiz.de/10011599002
This survey paper examines various information insufficiencies in biodiversity conservation and their impact of … information, and 4) monitoring problem. The consequences of these four types of information insufficiencies on the choice of …
Persistent link: https://www.econbiz.de/10011602463
overcoming asymmetric information problems at no cost. This paper characterizes efficient protocols assuming that: (i) some …
Persistent link: https://www.econbiz.de/10013463790
Media markets recently have been identified as multisided markets. The application of the theory of multisided markets provides a better understanding of such markets. It enriched the hitherto economic approach and led to new insights and perspectives especially for the antitrust authorities...
Persistent link: https://www.econbiz.de/10003911979
Public Service Media (PSM) online is a highly up to date topic. There is no clear consensus among researchers if Public Service Media should have a legitimization online and if so to which extent. Some authors still demand for an extensive role of public service provision in the digital era...
Persistent link: https://www.econbiz.de/10008697057
Newspapers have been experiencing declining circulation figures and diminishing advertising revenues for several years - both effects might pose a threat to the continuing existence of (print) newspapers. In an earlier paper, Lindstädt & Budzinski (2011) argued from a theoretical viewpoint that...
Persistent link: https://www.econbiz.de/10009564404
Newspapers have experienced declining circulation figures and declining advertising revenues for several years. In particular, declining advertising figures put a threat on newspapers - this is especially severe in the US where 73% of their revenues are generated through advertising. On the...
Persistent link: https://www.econbiz.de/10009388219