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 …

information between two national regulators. The model concentrates on informational frictions in an environment with otherwise … some regulatory information creates misreporting incentives. However, the major problem is not the reporting accuracy but …

political process and the production of policy relevant information; on the role played by probing into candidates' past; and on …

the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …

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 …

-crossing property and sorting condition coincide. As the information from signals allows agents to avoid all unnecessary search, this …

an information item that he is the only player to hold. Players are offered a ?nite number of periods to centralize the … offered an additional reward that he keeps for himself. In this framework where information transmission is strategic and … physically restricted, we provide a necessary and suffcient condition for a group to pool information items in every equilibrium …

rational learning requires implausible initial information assumptions, therefore some form of bounded rationality has come … show some promise in common macro models. A new selection problem arises since differences in initial information and … learning methods give rise to many different equilibria, making economic modelling sensitive to assumptions on information and …