Bayesian learning provides the core concept of processing noisy information. In standard Bayesian frameworks, assessing the price impact of information requires perfect knowledge of news' precision. In practice, however, precision is rarely dis- closed. Therefore, we extend standard Bayesian...

This paper analyzes the term structure of interest rates in an exchange-only Lucas (Econometrica 46:1429–1445, <CitationRef CitationID="CR32">1978</CitationRef>) economy where consumers learn about a stochastic growth rate through observations of the endowment process and an external public signal. We allow for deluded consumers, who...</citationref>

Overall, IS research provides powerful tools that allow understanding individual acceptance and use of systems. However, researchers are increasingly concerned that it provided very little indications about how user adaptive strategies to IT influence IT adoption and success. Drawing on the...

Credit rationality is that phenomenon whereby the bank sector refuses to grant a loan to individuals or to enterprises even if they are ready to pay the high interest rates demanded by the bank. This refusal to grant a loan is as such, not explained by interest rate but rather by other factors...

Based on a sample of 946 German insurance intermediaries, the factors that affect the quality of the information services provided by them are studied using OLS-estimations. Applying a search theoretical approach, we analyze the impact of supply and demand side variables on service quality....

The aim of the paper is to reconstruct the category of “information quality” and to attempt answering the question: how are employee’s attitudes towards organi-sational change related to the quality of information concerning that process in the context of enterprises’ competitiveness?...

The study was conducted to validate the application of DeLone & McLean¡¯s Information System (IS) success model (2003) in a local setup in Kenya and to evaluate the success of an enterprise resource planning (ERP) system from a user perspective. It was carried out at Coffee Research Foundation...

This paper assesses the antecedent and consequence of consumer perceived deception (CPD) on consumer trust, satisfaction, attitude recommendation and intentions to acquire future loans from financial service providers. The proposed research model was tested using data from a survey of 371 loan...

Taiwan is the only country requiring public firms to disclose the degree of leverage (DOL). Mandatory disclosure of DOL could help amateur investors to get a clear picture of a firm's financial position. This paper tests the relationship between the DOL and the operating risk of companies in...

Ma'ayan is a software package developed by the Israeli extension service. The package was developed under the assumption that extension has a comparative advantage in bridging the gap between farmers' need for innovative farm management practice, managerial information and software to support...