Showing 61 - 70 of 60,034
: that new information leads to new knowledge and that new knowledge can affect economic decisions. In the experiment, we … elicit subjects’ prior knowledge state about a good’s attributes, exogenously vary how much new information about good …
Persistent link: https://www.econbiz.de/10011220348
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/10009226183
operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore …
Persistent link: https://www.econbiz.de/10009422026
A sender chooses ex ante how information will be disclosed ex post. A receiver obtains public information and … information disclosed by the sender. Then he takes one of two actions. The sender wishes to maximize the probability that the … cutoff. I derive necessary and sufficient conditions for the senders and receivers welfare to be monotonic in information …
Persistent link: https://www.econbiz.de/10010671803
Consider an investment problem with strategic complementarities and incomplete information about returns. This paper … shows that investors aggregate their private information in equilibrium by trading a token and observing its market price … over multiple rounds before making the investment decision. This result is robust to the information environment. The paper …
Persistent link: https://www.econbiz.de/10014239114
information on the value of the IV. This leads to violation of the exclusion restriction. We analyze this in a dynamic economic …
Persistent link: https://www.econbiz.de/10005792073
information on the value of the IV. This leads to violation of the exclusion restriction. We analyze this in a dynamic economic …
Persistent link: https://www.econbiz.de/10005763520
This paper aims to explore the relevance of the Theory of Argumentation TA in the complex area of financial reporting. Specifically, we investigated the scope of the phenomenon of persuasion in advertising. It examines advertisements in publications notable economic movement in Colombia. The...
Persistent link: https://www.econbiz.de/10008547907
Dans cet article, nous formalisons deux critères de décisions qui tentent de rendre compte de deux logiques différentes d'interprétation du Principe de précaution. Le premier critère correspond à la maximisation du minimum de l'espérance d'utilité alors que le second critère correspond...
Persistent link: https://www.econbiz.de/10004985422
channels women receive information about the general risk levels of age-related female infertility and how the different … four has received information from the health care system. We also found that what peers say and do strongly affect women …’s risk perceptions: The respondents who had obtained information from friends and relatives were more likely to state too …
Persistent link: https://www.econbiz.de/10005651592