Showing 31 - 40 of 40,991
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
This paper studies the determinants of college major choice using a unique information experiment embedded in a survey … provide students with information on the true population distribution of these characteristics, and observe how this new … information causes respondents to update their beliefs. Our experimental design creates unique panel data. We first show that …
Persistent link: https://www.econbiz.de/10010287092
We investigate how college students form and update their beliefs about future earnings using a unique information … experiment. We provide college students true information about the population distribution of earnings and observe how this … information causes respondents to update their beliefs about their own future earnings. We show that college students are …
Persistent link: https://www.econbiz.de/10010287138
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/10003321328
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/10009534049
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/10011376217
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/10011338830
Persistent link: https://www.econbiz.de/10009724308
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/10010404579
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/10003841933