information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is … positively associated with the quantity and timeliness of analyst reports. Soft information collection, as proxied by propensity … star analyst. Both hard and soft information collection improve forecast precision, a causal result that we confirm using …

We study the propagation of nominal shocks in a dispersed information economy where firms learn from and respond to … information generated by their activities in product and factor markets. We prove the existence of a "Hayekian benchmark", defined … by conditions under which imperfect information has no effect on equilibrium outcomes. This occurs under fairly general …

-provision of information; while if the issuer-pays can force disclosure, it is efficient, but otherwise it leads to less revealing … information because of the systematic distortion in revealed information along with over-investment in information. We show that …

characterize the equilibrium level of capture of each source by competing SIGs as well as the equilibrium level of information … learning. We show that efforts to capture an information source are strategic substitutes: citizens' skepticism of messages … substitution exacerbates horizontal differentiation so the information landscape becomes more polarized. We finally show that …

teaching job). We run a randomized information experiment where we provide students with information on the pecuniary and non …, they update these beliefs when provided with information, and that this information has limited impacts on their choices …

Economics has long studied how consumers respond to the disclosure of information about firms. We study a case in which … the disclosed information is unrelated to the product or firm leadership, but which could still potentially affect … consumer patronage through the mechanism of repugnance, as described in Roth (2007). The information in this case concerns the …