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In labor markets, some individuals have, or believe to have, less data on the determinants of success than others, e.g., due to differential access to technology or role models. We provide experimental evidence on when and how informational differences translate into performance differences. In...
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We employ experiments to illustrate one factor contributing to the lack of distrust in the recent corporate scandals: Trust rather than no trust was the default. Holding the expected returns from trusting constant, people are more trusting when the default is trust than when it is no trust. In a...
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Die fünf besten amerikanischen Orchester hatten jahrzehntelang einen Frauenanteil von insgesamt 5 Prozent. (…) Als eine der Jurys nicht mehr sehen konnte, ob ein Mann oder eine Frau spielte, stieg die Quote plötzlich dramatisch an. Alles, was es dazu brauchte, war ein Vorhang. Bei der...
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