to this model, chief among them credibly signaling information about product quality to a pool of small, uninformed … quality by setting a high target that is distorted above the full information optimal level. While a separating equilibrium …

An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his informal referrals remain high. The principal finds it optimal to under-utilize information if she uses …

An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his referrals remain high. The principal under-utilizes information in settings (i) and (ii). In setting …

information, equilibria are efficient, and we determine the degrees of specialization under which the specialized insurers are …

information, equilibria are efficient, and we determine the degrees of specialization under which the specialized insurers are …

insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual's behavior. Information is also decisive when distinguishing between …

We explore whether behavioral biases impede the effective processing and interpretation of soft information in private …) common identity. Specifically, we find that using soft information in lending decisions leads to worse loan quality when loan … information in lending decisions …

This paper examines how information sharing impacts the quality of decision-making in Jordanian private hospitals from … the point of view of employees. It involved a structured questionnaire, which consisted of demographic data, information … sharing, and decision-making. The research results suggest that sharing information in both common and unique situations …

When an agent receives information from a source whose accuracy might be either high or low, standard theory dictates … uncertain sources. A theory of belief updating where agents are insensitive and averse to uncertainty in information accuracy …

We propose and experimentally test two tractable methods to incentivize the elicitation of private information … incentivize the elicitation of private information using facts, when these are not verifiable, we incentivize the respondent to … reveal her perceptions about others and use that statement to predict the subject's private information. The stronger the …