Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers … underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany … particularly pronounced among workers in low-wage firms. If workers had correct beliefs, at least 10% of jobs, concentrated in low …

We review methodological questions relevant for the design of information provision experiments. We first provide a … literature review of major areas in which information provision experiments are applied. We then outline key measurement … challenges and design recommendations that may be of help for practitioners planning to conduct an information experiment. We …

misperceive the performance of their state’s education system. Experimentally providing performance information polarizes citizens …’ educational performance. Parliamentarians’ support for the transparency policy is opportunistic: Performance information increases … educational performance information may incentivize politicians to implement welfare-enhancing reforms. …

misperceive the performance of their state's education system. Experimentally providing performance information polarizes citizens …' educational performance. Parliamentarians' support for the transparency policy is opportunistic: Performance information increases … educational performance information may incentivize politicians to implement welfare-enhancing reforms. …

misperceive the performance of their state's education system. Experimentally providing performance information polarizes citizens …' educational performance. Parliamentarians' support for the transparency policy is opportunistic: Performance information increases … educational performance information may incentivize politicians to implement welfare-enhancing reforms. …

performance of their state's education system. Experimentally providing performance information polarizes citizens' political … performance. Parliamentarians' support for the transparency policy is opportunistic: Performance information increases (decreases … performance information may incentivize politicians to implement welfareenhancing reforms. …

the first round of the Public Goods Game. Regarding age differences, cooperative adults estimated the behavior of players … behavior than adults indicating ongoing development of theory of mind in adolescence. -- theory of mind ; social preferences … ; cooperative behavior ; public goods game …

We analyze the interaction between the incentives for free-riding and information revelation among partners in a … dynamic setting. Partners contribute to the value of a common project, but have private information about the success of their … information which in turn affects the incentives to exert effort. Both free-riding and the lack of information revelation …