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visual frame. Results are in line with the distracted attention mechanism and suggest that disclosure policies should take …Financial disclosure documents provide investors with product details to facilitate informed investment decisions. We … investigate whether the appearance - the visual frame - of disclosure documents impacts risk and return expectations and …
Persistent link: https://www.econbiz.de/10011522105
visual frame. Results are in line with the distracted attention mechanism and suggest that disclosure policies should take …Financial disclosure documents provide investors with product details to facilitate informed investment decisions. We … investigate whether the appearance - the visual frame - of disclosure documents impacts risk and return expectations and …
Persistent link: https://www.econbiz.de/10011416914
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In corporate practice, incentive schemes are often complicated even for simple tasks. Hence, the way they are communicated might matter. In a controlled field experiment, we study a minimally invasive change in the communication of a well-established incentive scheme - a reminder regarding the...
Persistent link: https://www.econbiz.de/10011350823
kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events …
Persistent link: https://www.econbiz.de/10011414226
heterogeneity in advertising costs. Firms whose advertising is more salient and therefore raise attention more easily charge lower …
Persistent link: https://www.econbiz.de/10010325866
A setting in which customer-owned mutual companies converted to publicly listed firms created a plausibly exogenous shock to salience of stock ownership. We use this shock to identify the effect of stock ownership on political behavior. Using IV regressions, difference-in-differences analyses,...
Persistent link: https://www.econbiz.de/10010327865
We link two important ideas: attention is scarce and lack of information about an individual drives discrimination in … selection decisions. Our model of allocation of costly attention implies that applicants from negatively stereotyped groups face … attention discrimination: less attention in highly selective cherry-picking markets, where more attention helps applicants, and …
Persistent link: https://www.econbiz.de/10010352264