Showing 1 - 10 of 251
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
Friedman (1962) suggested that in general, unfettered markets ensure the efficient provision of goods and services. Applying this logic to Education, he recommended that students be provided with vouchers and allowed to purchase schooling services in a free market ((Friedman (1955, 1962)). Hoxby...
Persistent link: https://www.econbiz.de/10010291369
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality of countries' political institutions. We estimate the effect of political institutions on the diffusion of three telecommunications services and find it to be much smaller in...
Persistent link: https://www.econbiz.de/10010267947
repeated negative institutional shocks and how such shocks influence the development of an information matrix as well as the … transmission of information across time and generations. We show that African-Americans who were less likely to be influenced by … negative institutional shocks and the information stock created from these experiences, have similar self-employment rates to …
Persistent link: https://www.econbiz.de/10005822895
beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a … information is readily available as in height and weight. We present evidence from our experiment that limited attention and self …
Persistent link: https://www.econbiz.de/10011195821
vary. The experiment implements two marginal return types, low and high, and uses the information that members have about … information structure when persons with different abilities contribute to a joint project, as in the context of teamwork or …
Persistent link: https://www.econbiz.de/10008868135
, restrictions on purchase and use, providing information and restricting advertising. The chapter concludes with suggestions for …
Persistent link: https://www.econbiz.de/10009024597
under imperfect information, these findings are consistent with Indonesia citizens over-estimating the net gains from …
Persistent link: https://www.econbiz.de/10009325431
outcomes. We proxy occupational knowledge with mandatory visits to job information centers (JICs) in Germany while still … the comprehensive information service when they were young. The results suggest that individuals, who went to school in …
Persistent link: https://www.econbiz.de/10010761636