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 …

observed. We find that an information chain, in which each agent directly observes only the decision of her immediate …. In a comparable social dilemma, the information chain leads to high cooperation both when compared to a non …-transparent protocol for early movers, and when compared to a fully-transparent protocol for late movers. we conclude that information …

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 …

supplied information. Outside of the lab, it is difficult to disentangle the effect of the cost of information itself from the … effect of self-selection by individuals who tend to gain the most from this information. We thus create an environment in the … lab where subjects are offered additional, useful and identical information on the state of the world across treatments …

biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … affect how people picture the future. This paper studies the role of public information dissemination, or publicity, in a …

This paper analyzes whether information on high school quality published by a national newspaper affects school choice … information responses between socio-economic groups. …