Showing 1 - 10 of 1,358
Anonymous information platforms (e.g. Airbnb) provide information about experience goods while keeping agents' identity … hidden until the transaction is completed. In doing so, they generate heterogeneity in the information levels across …
Persistent link: https://www.econbiz.de/10012823992
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 …
Persistent link: https://www.econbiz.de/10011932570
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 …
Persistent link: https://www.econbiz.de/10013212196
output, market price, information flows, and expected profits. The presence of noise may reduce the informational externality … due to asymmetric information, which increases the firm's expected profits …
Persistent link: https://www.econbiz.de/10013093809
uninformed buyers. We then compare the signaling Cournot equilibrium with the full-information Cournot equilibrium. Signaling is …. In other words, the profits under signaling Cournot equal the profits of a cartel in a full-information environment …
Persistent link: https://www.econbiz.de/10013106683
conveys full information about the quality of the good to uninformed buyers. Deceiving the uninformed buyers by charging a … effect of asymmetric information and learning on the equilibrium outcomes. More uninformed buyers increases the price …
Persistent link: https://www.econbiz.de/10012976764
output, market price, information flows, and expected profits. The presence of noise may reduce the informational externality … due to asymmetric information, which increases the firm's expected profits …
Persistent link: https://www.econbiz.de/10013071968
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 …
Persistent link: https://www.econbiz.de/10012156434
Job seekers often face substantial information frictions related to potential job quality. This is especially true in … in Indonesia to explore how information about intermediary quality shapes migration choices and outcomes. Information …-departure preparation and have higher-quality job experiences abroad, despite no change in occupation or destination. Information does not …
Persistent link: https://www.econbiz.de/10012795404
Job seekers face substantial information frictions, especially in international labor markets where intermediaries … match prospective migrants with overseas employers. We conducted a randomized trial in Indonesia to explore how information … about intermediary quality shapes migration outcomes. Holding access to information about the return to choosing a high …
Persistent link: https://www.econbiz.de/10013363679