Showing 1 - 10 of 1,565
how lack of information about one's own type, but willingness to experiment to learn one's type, may lead to short …
Persistent link: https://www.econbiz.de/10009615069
how lack of information about one's own type, but willingness to experiment to learn one's type, may lead to short …
Persistent link: https://www.econbiz.de/10013101353
for the information spillover from exploration. The optimal strategy is to continuously explore unknown alternatives near …
Persistent link: https://www.econbiz.de/10013250497
This article explains the supra-competitive profits observed in Calvano et al.(2020) and subsequent literature. We refute the idea that the phenomenon arises from collusive mechanisms, where each agent exerts the threat of punishment. Instead, our analysis reveals that the high prices and...
Persistent link: https://www.econbiz.de/10014353619
education policy. The first key aspect is the relationship between public opinion and the level of information of the population … information in very similar ways. This suggests that the difference in policy outcomes between the U.S. and Germany is largely … on state spending for different areas of education. This research shows that providing respondents with the information …
Persistent link: https://www.econbiz.de/10011966937
comparative evidence on public preferences for education spending, we conduct representative experiments with information …, providing information about actual spending and salary levels reduces support for increased education spending from 54 to 40 … preferences are similar across the three countries when the role of status-quo and information are taken into account. …
Persistent link: https://www.econbiz.de/10012123030
comparative evidence on public preferences for education spending, we conduct representative experiments with information …, providing information about actual spending and salary levels reduces support for increased education spending from 54 to 40 … preferences are similar across the three countries when the role of status-quo and information are taken into account. …
Persistent link: https://www.econbiz.de/10012133857
-biased agents to avoid information about negative future impacts of such activities. We then confront our model with data from an … (58 percent) chose to ignore free information on calorie content, leading at-risk subjects to consume significantly more …
Persistent link: https://www.econbiz.de/10013208646
concerned committee members receive private information of different type-dependent accuracy, deliberate and vote. We study … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than … under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts. …
Persistent link: https://www.econbiz.de/10010516456
gains from trades due to differences in technologies and endowments, and the terms of trade are determined through a simple … subject to a private information problem. The asset plays the role of a medium of exchange, but this role can be affected by … information, a set of experiments with adverse selection where the terminal value of notes are determined exogenously, and a set …
Persistent link: https://www.econbiz.de/10009763984