conclude that it might be better to reduce the precision of public signals or entirely withhold information. This paper shows … that public information should always be provided with maximum precision, but under certain conditions not to all agents …

The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini …

laboratory experiment we test the different theories by systematically varying information conditions. We find significant … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …

A welfare-maximizing Public Service Broadcaster (PSB) broadcasts both information-type and show-type content if (i) the … information consumption of TV viewers generates external benefits for society by improving the ability of voters to control … politicians and (ii) the marginal external benefits of information consumption diminish as the information possessed by voters …

This paper investigates whether information complementarities can explain the strong patterns of sectoral comovement … decisions are based on aggregate information rather than sector-specifi c information, because the former is less costly …

PCT-applications per capita) and information infrastructure (number of cell phones and computers with Internet access per … and information infrastructure, which grew throughout the 2000s, hold the largest share in the variation of the RKEI. We …

This document was developed to serve as guidance for information requirements for the regulation of Invertebrates as … Biological Control Agents (IBCAs) within OECD countries. It incorporates information requirements from a number of OECD countries …

choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the … simultaneous analysis of data on the information gathered and on actions taken by the subjects. Results suggest that learning is a …