Information unraveling is an elegant theoretical argument suggesting that private information may be fully and voluntarily surrendered. The experimental literature has, however, failed to provide evidence of complete unraveling and has suggested senders' limited depth of reasoning as one...

Technological progress and globalization foster relocation and automation of business processes.Especially financial services providers oftentimes have the choice either to automate informationprocessingtasks or to relocate them to foreign sites to profit from differences in wage levels....