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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...
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More than two of every five students who enrolled in college in 2007 failed to graduate by 2013. Peer tutoring services …
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We develop a signaling model of prestige seeking in competitive college applications. A prestigious program attracts … when majors are assigned through competitive screening—a common feature of college admissions worldwide …
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