used for modelling purposes. We propose an augmented entropy approach, which combines the Transtools model’s inter …

represented by an entropy function (sensu Lieb and Yngvason 1999) of these lotteries. Based on nine axioms on the preference …) exists an additive and extensive real-valued function (\entropy function") that represents uncertainty preferences. It … based on Rényi's (1961) generalized entropy. We show that the parameter captures the degree of uncertainty aversion. We …

efficiency-enhancing knowledge diffusion, which can be exploited by local firms to extract relevant information on consumer … exploit the new information and increase the overall efficiency level of the local economy. More specifically, we examine …

earlier rounds of the auction any information about their valuations. If the seller observes only the winning bid in each … the seller attempts to suppress some of the information revealed in the auction, for example, by learning only whether an …

PCT-applications per capita) and information infrastructure (number of cell phones and computers with Internet access per … and information infrastructure, which grew throughout the 2000s, hold the largest share in the variation of the RKEI. We …

validity of the sticky information model (Mankiw and Reis, 2002) for describing the dynamics of professional growth forecasts …. Instead, the empirical evidence is more in line with implications of "noisy" information models (Woodford, 2002; Sims, 2003 …). Second, we find that information rigidities are more pronounced in emerging economies than advanced economies. Third, there …

may have conveyed information about the importance of preventing Malaria and about how to do so, and people adjusted their …

This paper analyses a local marketing campaign that provided information about unproven age-re-lated stereotypes and … comprehensive register data, we find that the information provided by the campaign (via banners, interviews, job fairs and … information brochures) did change firms' employment behavior. The cheap and mild intervention increased the employment rate of …

The information represents the engine of development both for the individual and for society. I watched by our analysis … to make a link between the possibility of accessing information and the respondents, in order to understand the … new in households, it is great, just by getting more information and free access to reach an optimum development of the …

providing stylized information about the perspective of the receiver influences senders’ social preferences. Second, we show … of information on their social preferences: While the information treatment strengthens social preferences towards …