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' characteristics, such as gender, financial knowledge or overconfidence, do not affect these findings. Placebic information does not … information asymmetrically influences expectations of participants in experiments who show different levels of overconfidence. …
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We study markets for sensitive personal information. An agent wants to communicate with another party but any revealed information can be intercepted and sold to a third party whose reaction harms the agent. The market for information induces an adverse sorting effect, allocating the information...
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under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts. …
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We examine whether the desire for more information is people's dominant motive for reading economic and political news. Drawing on representative samples of the U.S. population with more than 15,000 respondents in total, we measure and experimentally vary people's beliefs about the...
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