aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with … information is not aggregated. The main driving force is that, everything else equal, voters are more likely to be pivotal if the …

The rational inattention literature is split between two versions of the model: in one, mutual information of states …

("payoff scheme" and "level of costs for information that can be acquired") in three laboratory experiments. Participants had … to decide how many pieces of information they wanted to purchase non-sequentially in order to make a decision under … uncertainty. Our findings indicate that under time pressure, individuals acquire less information. Moreover, while we found no …

This paper examines how information sharing impacts the quality of decision-making in Jordanian private hospitals from … the point of view of employees. It involved a structured questionnaire, which consisted of demographic data, information … sharing, and decision-making. The research results suggest that sharing information in both common and unique situations …

using promise of future payments and information gathering. The agent's effort incrementally advances production and such … advance is a prerequisite for gathering new information. The principal decides how much information to gather based on these …

certifier can enable the seller to disclose her private information publicly, as well as gather additional market information …-maximal information-gathering. Thus, optimal contracts eliminate private information but not market uncertainty; even though the latter … would be costless, it is suboptimal as it requires excessive information rents to the seller. Thus, market inefficiencies …

This paper analyzes the welfare effects of private and unilateral disclosure of sensitive information in a sequential … about the buyer's willingness to pay and optimize her pricing strategy. The welfare effects caused by this information … him if an acceptance is revealed. Additionally, the information exchange improves the societal welfare by reducing …

The confirmation bias, unlike other decision biases, has been shown both empirically and in theory to be enhanced with …

-attribution bias, and information acquisition with individual investors decisions. This study also extends its contributions in … understanding the role of information acquisition in moderating the relationship of behavioral biases with investors decisions … information acquisition significantly moderates the relationship of overconfidence bias with investor decisions. This study …

This study examines the influence of client preference with respect to information search behavior and subsequent tax … recommendation. Prior studies have identified that tax consultants exhibit confirmation bias in their information search processes …, which is explained by the theory of motivated reasoning (Kunda, 1990). However, that theory does not take into consideration …