In games of social learning individuals tend to give too much weight to their own private information relative to the … information that is conveyed by the choices of others. In this paper we investigate differences between individuals and small … groups as decision makers in information cascade situations.[...] …

and whatis information, are overcome going back to the roots of information andcommunication theory. Information and …-ronment. A creditworthiness problem for consumer credits demonstratesthe performance of information based decision support. Here … the exter-nal information factor, namely the clients' profiles, is transformed intoexpedient or useful information. This …

information about thecustomer as well as about available content may be usedto match content with customer problems in order to …

We develop a new theory of international capital flows based on dispersed in-formation across individual investors …-standing asset price behavior. We introduce information dispersion into an openeconomy dynamic general equilibrium portfolio choice … model, and emphasize twoimplications for capital flows that are speci…c to the presence of dispersed infor-mation. First …

time series and cross-sectional information for apanel of 17 industrialized countries testing two-way fixed effects models … against pooled andrandom-effects alternatives. The cross sectional information is significant, revealing that poolingof data …