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 …

-in-the-field experiment to study information sharing through mobile phone messages. Subjects are rural households in Mozambique who have …SMS information campaigns are increasingly used for policy. To investigate their effectiveness, we conduct a lab … access to mobile money. In the base treatment, subjects receive an SMS containing information on how to redeem a voucher …

We develop a revealed preference test for optimal acquisition of costly information. The test encompasses models of … simple cases, tests confirm that subjects adjust their attention in response to incentives as the theory dictates …

important features of the data they possess. We conduct a field experiment with seaweed farmers to test a model of "learning …

Information frictions play an important role in many theories of expectation formation. We use a survey experiment to … generate direct evidence on how people select, acquire and process information. Participants can buy different information … signals that could help them forecast future national home prices. We elicit their willingness to pay for information, and …

against policies that impose direct costs even if they induce larger indirect benefits. Using a lab experiment, we find that a …

Using a detailed dataset of hospitals' purchase orders, we find that information on purchasing by peer hospitals leads … to reductions in the prices hospitals negotiate for supplies. Identification is based on staggered access to information … high prices and for brands purchased in large volumes, and are consistent with resolving asymmetric information problems …

We propose a new principle for measuring the cost of information structures in rational inattention problems, based on … the cost of generating the information used to make a decision through a dynamic evidence accumulation process. We … introduce a continuous-time model of sequential information sampling, and show that, in a broad class of cases, the choice …

In an earlier work, we analyzed how the legal rules governing contractual liability affect the transfer of information … beneficially facilitate information transfers. We reconsider here the subject of contractual liability and the revelation of … information and respond to Adler's critique. We find Adler's model to be a natural extension of ours rather than a departure from …