Showing 1 - 10 of 558
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
experimental lab in three different informational settings, and study the role of information in individual decision making. Our … truthful preference revelation. In addition, we find that information has an important effect on truthful behavior and … stability. Nevertheless, regarding efficiency, the Gale-Shapley mechanism is less sensitive to the amount of information …
Persistent link: https://www.econbiz.de/10010332350
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
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10010320914
During the Corona pandemic, access to reliable information is particularly relevant in order to be able to take … protective measures. However, migrants and refugees in transit and residence countries often lack such access to information …. This opens the opportunity for alternative sources of raising awareness and information. Corona Songs about COVID-19 and …
Persistent link: https://www.econbiz.de/10012692487
The market has both a coordination function and an incentive function. The first theorem of welfare economics is all about coordination; the principal-agent model is all about incentives. What is the relative importance of the market in carrying out these two functions? While there has been a...
Persistent link: https://www.econbiz.de/10011650703
Using a randomized information experiment embedded in a representative survey, we study households' economic … happening in the economy shortly after the pandemic outbreak. Households that receive information on experts' views on the … holds for households that receive information on major monetary and fiscal stimulus measures announced in response to the …
Persistent link: https://www.econbiz.de/10015209717
through information sharing or through persuasion by incentivized target participants. If social learning is the main channel … of diffusion, we would expect higher sign-up and take-up rates in information villages compared to persuasion villages … increased financial literacy or knowledge about the product. Information alone had a negligible impact on take-up, while the …
Persistent link: https://www.econbiz.de/10015210923
mothers work full-time, children's actual performance is generally underestimated, but providing factual information about …
Persistent link: https://www.econbiz.de/10015210990
This paper argues that the persistence of greenfield foreign direct investment (FDI) comes from information frictions …. First, our simple social learning model shows that, through signaling effects, information frictions generate persistent … different proxies for information frictions, including six institutional and governance indicators and two common language …
Persistent link: https://www.econbiz.de/10013349613