Showing 1 - 10 of 538
experimental lab in three different informational settings, and study the role of information in individual decision making. Our … truthful preference revelation. In addition, we find that information has an important effect on truthful behavior and … stability. Nevertheless, regarding efficiency, the Gale-Shapley mechanism is less sensitive to the amount of information …
Persistent link: https://www.econbiz.de/10010332350
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
During the Corona pandemic, access to reliable information is particularly relevant in order to be able to take … protective measures. However, migrants and refugees in transit and residence countries often lack such access to information …. This opens the opportunity for alternative sources of raising awareness and information. Corona Songs about COVID-19 and …
Persistent link: https://www.econbiz.de/10012692487
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10010320914
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
The market has both a coordination function and an incentive function. The first theorem of welfare economics is all about coordination; the principal-agent model is all about incentives. What is the relative importance of the market in carrying out these two functions? While there has been a...
Persistent link: https://www.econbiz.de/10011650703
discuss what changes in reimbursement, delivery of services, competition of physicians, and availability of information for …
Persistent link: https://www.econbiz.de/10010291698
by public communication with the flexibility provided by private communication and transmit more information to the …
Persistent link: https://www.econbiz.de/10010291984
information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms …
Persistent link: https://www.econbiz.de/10010292012
Rational voters update their subjective beliefs about candidates' attributes with the arrival of information, and … subsequently base their votes on these beliefs. Information accrual is, however, endogenous to voters' types and difficult to … updating by comparing the elicited priors and posteriors of voters, finding heterogeneous responses to information. Based on …
Persistent link: https://www.econbiz.de/10010293129