Showing 1 - 10 of 2,585
under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts … concerned committee members receive private information of different type-dependent accuracy, deliberate and vote. We study …'s key predictions in a laboratory experiment. The model's predictions are largely borne out – transparency negatively …
Persistent link: https://www.econbiz.de/10013023008
Rational voters update their subjective beliefs about candidates' attributes with the arrival of information, and … subsequently base their votes on these beliefs. Information accrual is, however, endogenous to voters' types and difficult to … updating by comparing the elicited priors and posteriors of voters, finding heterogeneous responses to information.Based on the …
Persistent link: https://www.econbiz.de/10013083096
SMS information campaigns are increasingly used for policy. We conduct a field experiment to study information sharing … this non-rival information with other exogenously assigned subjects unknown to them. We find that few participants redeem … the voucher. They nonetheless share it with others and many share information about the voucher they do not use themselves …
Persistent link: https://www.econbiz.de/10014084060
in equilibrium the principal reveals intermediate information regarding the agents' previous performances if these … her information. Having presented our formal analysis, we test these results using data from laboratory experiments. The …
Persistent link: https://www.econbiz.de/10013316760
This paper analyses the effect of information disseminated by the Internet on voting behavior. We address endogeneity …
Persistent link: https://www.econbiz.de/10013106295
This paper examines whether access to information enhances political accountability. Based upon the results of Brazil … value of information and the role of the media in reducing informational asymmetries in the political process …
Persistent link: https://www.econbiz.de/10013316993
structure of information. Using a novel and purposefully simple set-up, we experimentally analyze preferences for information … along four dimensions. We find evidence that the majority of subjects prefers receiving information sooner. This preference …) consumption events, later information becomes more attractive. We also identify an aversion towards piecemeal information …
Persistent link: https://www.econbiz.de/10012983901
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10013015019
learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate … attention (=information processing capacity) to learning about the productivity of different worker groups. I find that firms …
Persistent link: https://www.econbiz.de/10013135991
This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy …'s value for money (the claims ratio) and the seller's commission. These information disclosures have virtually no effect … despite most buyers claiming to value such information. Instead, our data reveal that whether the subject is generally …
Persistent link: https://www.econbiz.de/10013139875