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weak restrictions on preferences (Local Non-Common Indifference Property) and on the Pareto correspondence (Anonymity) and …
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We study the design of contracts that incentivize experts to collect information and truthfully report it to a decision maker. We depart from most of the previous literature by assuming that the transfers cannot depend on the realized state or on the ex post payoff of the decision maker. The...
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I study the information value of energy efficiency certificates. By using data on repeatedly observed buildings, I separate the rent premium for certified energy efficiency from the premium for readily observable energy efficiency. The buildings were observed before, in-between and after two...
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We present an experiment that models a repeated public good provision setting where the policy maker or manager does not have perfect control over information flows. Rather, information seeking can be affected by changing the information default as well as the price of information. The default...
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