Showing 1 - 10 of 5,968
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
substantial socioeconomic gradient. We focus on information gaps - specifically, incomplete information about college benefits and …-college-age) child attending college. We simulate an "information intervention", and find that were individuals to be provided with the …
Persistent link: https://www.econbiz.de/10011340967
In diesem Diskussionspapier werden die Ergebnisse einer im Mai/Juni 2007 durchgeführten Unternehmensbefragung im Raum Niedersachsen vorgestellt in Bezug auf die Fragestellung, ob sich Unternehmen, die Innovationsförderung erhalten, von nicht geförderten Unternehmen in Bezug auf generelle...
Persistent link: https://www.econbiz.de/10010266853
socioeconomic gradient. We focus on information gaps – specifically, incomplete information about college benefits and costs – as a … potential explanation for these patterns. For this purpose, we conduct an information experiment about college returns and costs … outcomes of interest. Respondents are then randomly exposed to one of two information treatments, which respectively provide …
Persistent link: https://www.econbiz.de/10011401724
substantial socioeconomic gradient. We focus on information gaps - specifically, incomplete information about college benefits and … costs - as a potential explanation for these patterns. For this purpose, we conduct an information experiment about college …'s child, the two main behavioral outcomes of interest. Respondents are then randomly exposed to one of two information …
Persistent link: https://www.econbiz.de/10011460642
The paper examines the economic role of modelling information on the decision problem of an exporting firm under … exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and …
Persistent link: https://www.econbiz.de/10010300624
supplied information. Outside of the lab, it is difficult to disentangle the effect of the cost of information itself from the … effect of self-selection by individuals who tend to gain the most from this information. We thus create an environment in the … lab where subjects are offered additional, useful and identical information on the state of the world across treatments …
Persistent link: https://www.econbiz.de/10010326404
This paper reexamines the paradoxical aspect of the electronic mail game (Rubinstein, 1989). The electronic mail game is a coordination game with payoff uncertainty. At a Bayesian Nash equilibrium of the game, players cannot achieve the desired coordination of actions even when a high order of...
Persistent link: https://www.econbiz.de/10010332403
Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic...
Persistent link: https://www.econbiz.de/10010281383
the true state (of the world) of given cases. The investigation of assessment criteria improves the initial information … updated, allowing for a sorting of particular cases into ever smaller subclasses. However, receiving such information causes …
Persistent link: https://www.econbiz.de/10010286426