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Joe is one a small group of influential economists who brought theorizing aboutdevelopment processes to a new level. In trying to understand the reasons why low pooreconomies remain so, he was among the first to appreciate the importance of informationand contracting issues. His seminal...
Persistent link: https://www.econbiz.de/10009248810
This paper reviews and synthesizes the theory of information economics and empiricalevidence on how information changes … the behavior of consumers, households and firms. I show thatconsumers respond to new information in food experiments but …
Persistent link: https://www.econbiz.de/10009360743
[...]This article describes a method by which we may moreaccurately predict regional economic activity. Specifically, wedevelop an index of leading economic indicators (LEI) forNew York State and for New Jersey over the 1972-99 period.We extend our earlier work (Orr, Rich, and Rosen 1999),...
Persistent link: https://www.econbiz.de/10005869901
[...]With fiscal affairs apparently in order—at least in the shortrun—and with some perspective on the past twenty-five years’economic performance, we are in a position to ask how well thebudget process has worked to produce a coherent andresponsive fiscal policy, particularly given the...
Persistent link: https://www.econbiz.de/10005870023
. Was ist Information? Entsteht sie erst im Kopf der RezipientIn? Wenn ja, wie beeinflußt eine solche Sicht unser Nachdenken … über Information und ihren Aufenthaltsort, sowie Verarbeitung?Gibt es Gestaltungsprinzipien oder Vorgehensweisen, nach …
Persistent link: https://www.econbiz.de/10005843956
This paper studies in some examples the role of information in a default-risk framework. In a first-passage model, we … assume that investors obtain two types of information about the firm’s unlevered asset value at a discrete sequence of dates …. The effects of information on the distributional properties of default time and on the valuation of default-risky bonds …
Persistent link: https://www.econbiz.de/10005858364
Motivated by previous findings that discretization of financial time series can effectively filter the data and reduce the noise, this experimental study compares the trading performance of predictive models based on different modelling paradigms in a realistic setting. Different methods ranging...
Persistent link: https://www.econbiz.de/10005841653
Vorliegendes Arbeitspapier beschäftigt sich mit Kommunikationsmanagement und entwickelt einen systematischen Ansatz.
Persistent link: https://www.econbiz.de/10005847958
Vorliegendes Arbeitspapier beschäftigt sich mit den Formen des individuellen und kollektiven Lernens. Beantwortet werden soll dabei die Frage in wie weit wesentliche Informationen selektiert und zu handlungslietenden Muster systematisiert werden können.
Persistent link: https://www.econbiz.de/10005847965
Persistent link: https://www.econbiz.de/10005848556