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Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty …
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this paper, we study the impact of providing personalized information on health plan choices in a laboratory experiment. We … that providing personalized information significantly improves health plan choices. The positive effect is even larger and … personalized information restores the awareness of the choice setting to a level comparable to the case without distraction thus …
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The uniqueness of bounded local equilibria under interest rate rules is analyzed in a model with sticky information `a … determinacy in the associated full-information, flex-price equivalent. The analysis follows from boundedness considerations on the …. -- Nonautonomous difference equations ; indeterminacy ; Taylor rule ; sticky information ; sticky prices …
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