-verifiable information. We compare long-term contracts with short-term contracts with respect to their suitability to motivate effort in both … determinants of this trade-off and demonstrate itsimplications for performance measurement and information system design. …

In this paper we develop the rst estimator of the covariance matrix that relies solely onforward-looking information …. This estimator only uses price information from a cross-sectionof plain-vanilla options. In an out-of-sample study for US … according to the 1/N rule. The outperformance is strong in periodsof high information asymmetry, whereas in quiet periods all …

We consider optimal trade policy for a large country with private information. We show that the optimal tariff leads to … a signaling equilibrium with higher tariffs and lower welfare than under complete information, whereas the optimal … import quota replicates the complete information equilibrium and thus is superior to the tariff. We also show that, with the …

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 examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the … information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …

Job seekers often face substantial information frictions related to potential job quality. This is especially true in … in Indonesia to explore how information about intermediary quality shapes migration choices and outcomes. Information …-departure preparation and have higher-quality job experiences abroad, despite no change in occupation or destination. Information does not …

Job seekers face substantial information frictions, especially in international labor markets where intermediaries … match prospective migrants with overseas employers. We conducted a randomized trial in Indonesia to explore how information … about intermediary quality shapes migration outcomes. Holding access to information about the return to choosing a high …