When two agents with private information use a mechanism to determine an outcome, what happens when they are free to … outcome in one mechanism while they play another mechanism and learn new information. A decision rule is posterior …

Attention scarcity is a limitation on the ability to incorporate information into actions with state … uses information from the joint distribution to make better ex-post choices from menus, and attention scarcity is reflected … in a subjective cost of information. Our focus on ex-ante preferences allows us to identify anticipated attention …

experimental lab in three different informational settings, and study the role of information in individual decision making. Our … truthful preference revelation. In addition, we find that information has an important effect on truthful behavior and … stability. Nevertheless, regarding efficiency, the Gale-Shapley mechanism is less sensitive to the amount of information …

experimental lab in three different informational settings, and study the role of information in individual decision making. Our … of truthful preference revelation. In addition, we find that information has an important effect on truthful behavior and … stability. Nevertheless, regarding efficiency, the Gale-Shapley mechanism is less sensitive to the amount of information …