of the goods. Second, only some consumers have the expertise to infer the true levels of deficiencies once they are aware … of the existence of deficiencies. We show that the interplay of awareness and expertise in a market affects firms …’ incentives to disclose. In particular, we demonstrate that more awareness and/or expertise in a market does not universally lead …

: der Expertise der Vorstandsteams und den Anreizstrukturen der Bankmitarbeiter. Beide Aspekte werden für den deutschen … two important yet less extensively examined aspects of corporate governance in banks: executive team expertise and non … corporate governance matter. Higher executive team expertise is associated with superior bank outcomes regarding performance …

faithfully accommodate within-person expertise diversity, hence resolving a longstanding challenge. Confidence aggregation also …

impact economic behavior and sheds light on the behavioral mechanisms underlying "rule legitimacy". …