taste information in the presence of competition between the retailer's store brand and a manufacturer's national brand. In … this context, we also identify the optimal information sharing strategy of the retailer with the manufacturer as well as …'s information acquisition and sharing decisions about consumer taste. The direct effect is that having taste information allows the …

Who participates in transactions when information about the consequences must be learned? We show theoretically that … decision makers for whom acquiring and processing information is more costly respond more strongly to changes in incentive … payments for participating and decide to participate based on worse information. With higher payments, the pool of participants …

of asymmetric information on proposer behavior in two different situations which allow for a variation of responder veto … compared to the dictator game is (marginally) smaller when the proposer is in the superior information position. Further we …

, for sufficiently small positive costs of information acquisition, in any Bayesian Nash equilibrium of the resulting game … of incomplete information the probability of getting informed about the opponent's preferences is bounded away from zero …

We show how information acquisition costs can be identified using observable choice data. Identifying information costs … sets-which require more or less information to make choices-we establish a set of canonical properties that are necessary … and sufficient to identify information costs. We also provide an axiomatic characterization of the induced rationally …