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We document how imperfect information generates heterogeneous effects in information treatments with personalized high-frequency feedback and peer comparisons. In our field experiment in retail electricity, we find that high and low energy users symmetrically underestimate and overestimate their...
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different large-scale quasi-experiments on changing potential benefit duration (PBD) in unemployment insurance (UI). Thereby, we …
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The paper reviews models of the physician-patient relationship to derive testable hypotheses about the relation between … health, demand for medical services and patient's compliance. The models imply that in addition to existing information … asymmetries the actions that physician and patient choose affect the results of medical care. We estimate an orderd probit model …
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