Showing 41 - 50 of 59,677
Persistent link: https://www.econbiz.de/10005808126
Persistent link: https://www.econbiz.de/10005808150
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 …
Persistent link: https://www.econbiz.de/10011255988
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/10009003684
Economists have studied for a long time how decision-makers allocate scarce resources. The recent literature on rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have a limited amount of attention and have to decide how to...
Persistent link: https://www.econbiz.de/10009395648
. (2008), suggests that including uncertainty information in the choice sets should influence responses significantly. However …Many policy issues, as well as policy funding and management choices, have elements of risk and uncertainty. This means … uncertainty are included. This research aims to explore some methodological approaches to identify and treat uncertainty in CM …
Persistent link: https://www.econbiz.de/10008693282
it. With the other three, general equilibrium, dynamic processes, and uncertainty and information, I was more intimately …
Persistent link: https://www.econbiz.de/10008765051
particular, we illustrate that with quantity competition and under the presence of demand and cost uncertainty information … information sharing occurs between firms and governments within an international duopoly context in which the fims are located in …
Persistent link: https://www.econbiz.de/10009277870
outcomes. We proxy occupational knowledge with mandatory visits to job information centers (JICs) in Germany while still … the comprehensive information service when they were young. The results suggest that individuals, who went to school in …
Persistent link: https://www.econbiz.de/10010761636
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 …
Persistent link: https://www.econbiz.de/10010764316