In the context of firm decision-making, several motives for acquiring and conveying information exist. Information … acquire and communicate information. We employ a cheap-talk model with information acquisition and communication by a firm … incentive to overstate this value to persuade or impress external parties. We show that information acquisition and …

interdependence because information about each state affects both decisions. Senders are imperfectly informed and communication … depends on the nature of their information. I first analyse the case in which each sender observes a signal that fully reveals …

this is that firms face non-convex physical adjustment costs. The model developed in this paper shows that information … processing information is costly, the firm optimally chooses to do it sporadically and to be inactive most of the time. This …

We examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the … information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …

strategic advice to taxpayers. This paper formalizes this role, using a simple asymmetric information model where agents can … purchase full information about the government's enforcement rules. In a competitive market for tax preparation services … evasion by revealing full information about its audit rule …

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. …

assign parents to either an information group, who receives text messages with weekly data on their child’s attendance and …-specific information. While information has large impacts on attendance, test scores and grade promotion relative to the control group …

We review methodological questions relevant for the design of information provision experiments. We first provide a … literature review of major areas in which information provision experiments are applied. We then outline key measurement … challenges and design recommendations that may be of help for practitioners planning to conduct an information experiment. We …