: that new information leads to new knowledge and that new knowledge can affect economic decisions. In the experiment, we … elicit subjects’ prior knowledge state about a good’s attributes, exogenously vary how much new information about good …

This paper develops a reduced form method of controlling for differences in information sets of subjects in public good … of information provided during a survey on the mean and the variance of individual-specific scale parameters. In this way … differences across an d within information treatments. Our approach will also be useful to researchers who want to combine stated …

subjects. Our results imply that WTP estimates for public goods are not only a function of true information states of the … respondents but beliefs about those information states. …

This paper develops a reduced form method of controlling for differences in information sets of subjects in public good … of information provided during a survey on the mean and the variance of individual-specific scale parameters. In this way … differences across an d within information treatments. Our approach will also be useful to researchers who want to combine stated …