As in many school districts around the world, prospective high-school students in Ghana are assigned to schools through a centralized system. Using administrative data on applications, we report that virtually all students adopt a weakly dominated strategy, and matching outcomes show that...

We investigate the impact of peer pressure on the characteristics of forward-looking disclosures. We identify plausibly exogenous variation in the amount of peer firm forecast news available when a focal firm issues its own forecast by employing a sample of firms that issue forecasts in...