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insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual's behavior. Information is also decisive when distinguishing between …
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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 …
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indicator for private information in insurance markets. However, this test fails if agents have heterogeneous risk attitudes. We … possible to detect asymmetric information without direct evidence of private information - even if agents have heterogeneous … direct evidence for the existence of private information in this market. At the same time they fail to find a positive …
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