Showing 1 - 10 of 8,458
acquire costly unobservable information about it before taking the decision. The problem has features of moral hazard and … hidden information since the acquisition of information and its content are unobservable to the principal. The optimal …
Persistent link: https://www.econbiz.de/10013027640
loan with the highest NPV. The reason should be a considerable lack of information about the usage of APR: participants … considering effects of information availability. …
Persistent link: https://www.econbiz.de/10009652919
investigate how information presented to senders affects their perception of the recipient in a dictator game. In this environment … endowment, dictators do not incorporate that information. Dictators are not more generous to others who made a similar financial … salient information about recipients and do not try to infer deservingness beyond what is explicitly presented …
Persistent link: https://www.econbiz.de/10014083515
consumers would benefit from referrals, it is not at all clear whether firms would unilaterally provide information about … competing offers since such information could encourage consumers to purchase the product elsewhere. In a model of a …
Persistent link: https://www.econbiz.de/10010582617
relatively more physical and less informational; (iii) a greater dispersion of the ability to learn and transfer information …
Persistent link: https://www.econbiz.de/10014112870
measures of workers’ productivity and trustworthiness and make this information available to potential employers. Our data show …
Persistent link: https://www.econbiz.de/10010737912
-effort experiment, we elicit measures of workers’ productivity and trustworthiness and make this information available to potential …
Persistent link: https://www.econbiz.de/10011132852
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 …
Persistent link: https://www.econbiz.de/10010332350
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
This paper analyzes how group lending programs use joint liability to utilize localinformation that borrowers have about each other’s projects through self-selection of groupmembers in the group formation stage. These schemes are shown to lead to positiveassortative matching in group...
Persistent link: https://www.econbiz.de/10008911481