Asymmetric information is widely supposed to impair the functioning of markets. We show that the presence of … privately observed, provided that principals do not directly care about the agents' private information (the private value case …). Thus hidden information only matters in competitive markets if it affects common values. …

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 …

information and correlated between them. The principals benchmark their agents against each other by making the same offers in the …

Kosovo (EUOK) in improving the programming and implementation of information and communication (IC) Programmes funded by … 2015-2020 assistance, taking into consideration the lessons learned and the performance of past IPA information and … for the enlargement process. However, a strengthening of the strategic approach to information and communication would be …