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This is the first paper to experimentally examine effects of information provision on beliefs about pecuniary and non … treatment. Taken together, this study highlights the relevance of information provision on pecuniary and non-pecuniary labor …
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' expectations on future pension benefits and retirement age from 2000 to 2012. Based on these two subjective evaluations, we compute …
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Agents have foresight when they receive information about a random process above and beyond the information contained … in its current and past history. In this paper, we propose an information-theoretic measure of the quantity of foresight … in an information structure, and show how to separate informational assumptions about foresight from physical assumptions …
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respondents with information about the debt-to-GDP ratio in the US. Based on a total of more than 4,000 respondents, we find that … through changes in expectations about fiscal sustainability and persist in a four-week follow-up. …
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