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Agents undertaking economic decisions are exposed to an ever-increasing amount of information sources. This paper … investigates how the number of available information sources impacts agents' ability to (i) select reliable sources and (ii) use … guide policy-making decisions, providing evidence on externalities of information production. …
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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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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 …
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No voters cast their votes based on perfect information, but better educated and richer voters are on average better … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
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We relax the standard assumption in the strategic trade policy literature that governments possess complete information … about the economy. Assuming instead that governments must obtain information from firms, we examine firms' incentive to … disclose information to the governments in the Brander-Spencer setting. With quantity competition, we find firms disclosing …
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