Unfavorable news are often delivered under the disguise of vagueness. Our theory-driven laboratory experiment … precision are not obvious. However, our model and experiment show that information transmission and the welfare of naive …

We study the optimal regulation of a monopolist when intrinsic efficiency (intrinsic cost) and empire building tendency …

Diese Dissertation untersucht die Regulierung von Krankenversicherungsmärkten und dabei insbesondere …

explains why the problem of asymmetric information, which disadvantages consumers, needs governmental regulation as the …