In this paper, we investigate whether better information about the macroeconomic environment of an economy has a … explicitly quantify information asymmetries by compliance with the IMF's Special Data Dissemination Standard (SDDS). For FDI, we … economically relevant magnitude of about 60 percent. We also find evidence of aversion against political and macroeconomic risk as …

leader's decision of how much risk to take, we study the effects of two treatment variables: (1) whether group members can …

This paper studies the determinants of college major choice using a unique information experiment embedded in a survey … provide students with information on the true population distribution of these characteristics, and observe how this new … information causes respondents to update their beliefs. Our experimental design creates unique panel data. We first show that …

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 …

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. …

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 …

have better information about the state of the world than voters. Three types of institutions are compared: direct …

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 …