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Suppliers are increasingly being asked to share information about their vulnerability to climate change and their strategies to reduce greenhouse gas emissions. Their responses vary widely. We theorize and empirically identify several factors associated with suppliers being especially willing to...
Persistent link: https://www.econbiz.de/10014042433
This paper studies whether dissemination of private, pre-decision signals about productivity is valuable to the principal when agents work sequentially and observe each other’s effort. The benefit of dissemination is that when productivity states are correlated, each agent’s signal is useful...
Persistent link: https://www.econbiz.de/10014042884
Persistent link: https://www.econbiz.de/10014025202
This survey provides an overview of theoretical and empirical research on information flows in corporations. It highlights key frictions preventing effective information flows and discusses how organizational structure and corporate governance can alleviate these frictions, focusing on three...
Persistent link: https://www.econbiz.de/10013403095
This survey provides an overview of theoretical and empirical research on information flows in corporations. It highlights key frictions preventing effective information flows and discusses how organizational structure and corporate governance can alleviate these frictions, focusing on three...
Persistent link: https://www.econbiz.de/10014287310
This paper studies an allocation problem in which a welfare-maximizing planner needs to allocate two objects to two agents who are initially uninformed of their valuations of the objects. The planner controls both the in- formation accessible to the agents and the process by which it is...
Persistent link: https://www.econbiz.de/10014261888
conducted in 2007 on the communication practices of 32 members of the Central Bank Governance Network. The questionnaire sent to … Network members was divided into two main parts. The first part was mainly factual and focused on the information that central …
Persistent link: https://www.econbiz.de/10013095822
In this paper we attempt to compare theoretically and experimentally three models of strategic information transmission. In particular we focus on the models by Crawford & Sobel (1982), Lai (2010) and Ehses-Friedrich (2011). These three models differ in the information that the receiver...
Persistent link: https://www.econbiz.de/10010260085
Information law rests upon two premises. The first is that information is a legally cognizable concept - that it can be framed in legal terms and has legal significance. The second is that there exists a rationale for government regulation and provision of information, either explicitly (through...
Persistent link: https://www.econbiz.de/10014222917
network of agents. In our model, agents are identically informed a priori and observe network neighbors’ actions as well as … observed payoffs and imitate observed actions. Our results also allow us to interpret critical mass and network brokerage …
Persistent link: https://www.econbiz.de/10014047946