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 …

information, equilibria are efficient, and we determine the degrees of specialization under which the specialized insurers are …

information, equilibria are efficient, and we determine the degrees of specialization under which the specialized insurers are …

In this article, we deal with the topic of intentional information spillover using a model in which both informational … are heterogeneous in the quality of their information, compete with one another in a common task. According to the results … action. When acting without a delay, they reveal their information with the hope that others will imitate them. This type of …

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 …

Consider an investment problem with strategic complementarities and incomplete information about returns. This paper … shows that investors aggregate their private information in equilibrium by trading a token and observing its market price … over multiple rounds before making the investment decision. This result is robust to the information environment. The paper …