-Satterthwaite’s impossibility theorem about strategic voter‘s complete information about all other voters’ preference profiles. Via a series of … absolute and relative reduction in amount of information. …

detailed investigation of the impacts of new information. Our analysis sheds light on an important trade-off associated with … information policies in the presence of belief heterogeneity and ambiguity. In particular, we show that newly available … information can unambiguously worsen the free-riding problem even when it better reflects the correct risk than the players …

-hyperbolic discounting (present-biasedness), risk aversion, and information. We test the resulting hypotheses for the flu season 2010 … concentrate on providing information about the flu and the flu shot but also increase the awareness that distorted time …

. I concentrate on the characteristics of the choice process, choice of the external information source and nature of the … information obtained from these sources. The impact of important systematic differences among consumers and products on choice …

significant expected payoffs when they shun uncertain alternatives in favor of known ones. Worse, when information is revealed …

We consider a model in which voters over time receive more information about their preferences concerning an …

We explore the intuitive idea that more information leads to greater dispersion of posterior beliefs about the expected …. Then, for the class of monotone information systems, we characterize the weakest information criteria that respect OS and … states. Because of OS, the information criteria induce the dispersion orders not only on the posterior expectations of states …

The concept of Ambiguity designates those situations where the information available to the decision maker is …? The present paper fi…lls these gaps. Speci…fically, it identifi…es those information structures that are incompatible with … information. These are used to give a formal de…finition of Ambiguity and, consequently, to distinguish between ambiguous and …

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 …

information on the value of the IV. This leads to violation of the exclusion restriction. We analyze this in a dynamic economic …