Showing 1 - 10 of 249
In spite of the negligible probability that everyone has to cast a decisive vote, political information can be relevant … for a number of private decisions. Under quite mild assumptions, the demand for information is increasing in income. Being … redistribution. This is consistent with most empirical research in this field. Finally, an increase in the cost of information …
Persistent link: https://www.econbiz.de/10014587518
have incomplete information about the benefits of network participation. I introduce the Conjectural Pairwise Stability …
Persistent link: https://www.econbiz.de/10014589004
)) to an asymmetric information setting, in which the type of a given individual is assumed to be private information … hold for a number of (potential) candidates at most equal to 3. This is in sharp contrast with the complete information …
Persistent link: https://www.econbiz.de/10014589072
By combining a theory of herding behavior with the phenomenon of availability heuristic, this paper shows that non-informative advertisements can affect people's choices by influencing their perception of product quality. We present a model in which people can learn about product quality by...
Persistent link: https://www.econbiz.de/10014589140
Many Americans donate little or nothing to charity, but according to Robert Cooter and Brian Broughman, our social environment is the cause, not human nature. They propose a small policy change to increase transparency and elicit generosity inspired by experimental evidence about the nature of...
Persistent link: https://www.econbiz.de/10014591486
dampened. Information issues—labeling and asymmetric information—are central to the GM-food debate. Furthermore, it is … consumers in a high-income country to resist GM foods, with an emphasis on negative information from environmental groups and … third-party, verifiable information, which could neutralize private information distributed by interested parties. A unique …
Persistent link: https://www.econbiz.de/10014601255
This special issue is a collection of papers that address three questions of critical importance to the design of eco-labeling marketing strategies and policies. These three questions deal respectively with the efficiency of eco-labels when considering market structure and trade, the credibility...
Persistent link: https://www.econbiz.de/10014601354
or with asymmetric information or in case of conflicting objectives between the regulator and local governments.  …
Persistent link: https://www.econbiz.de/10014619177
The role of information in high-technology markets is critical (Dutta, Narasimhan and Rajiv 1999; Farrell and Saloner … 1986; Weiss and Heide 1993). In these markets, the volatility and volume of information present managers and researchers … with the considerable challenge of monitoring such information and examining how potential customers may respond to it …
Persistent link: https://www.econbiz.de/10014619481
Although the information needs of women receiving antenatal and postnatal care are well understood, few studies have … examined the use of information by minority ethnic women. This paper describes a pilot study that aimed to identify the main … maternity information sources used by Somali women living in a northern city in the UK. The study described here utilised …
Persistent link: https://www.econbiz.de/10014852954