affected by the information disclosure in somewhat unexpected ways …

This paper reports the results of an experiment on information spillovers between groups. We find that a player who is … a member of multiple groups aggregates information and serves as a conduit through which information from one group … of only a single group. We introduce a novel measure of the magnitude of information spillovers, and we identify the …

Purpose – The purpose of this paper is to analyze the interaction between the availability of financial information and … conducted an experiment to observe the behavior of subjects in three settings, each with a different level of information …. Findings – Results confirm that a dependence relation exists between information, investors' behavioral biases and the herding …

agents cannot process all available information, but they can choose which exact pieces of information to attend to. Several … important results in economics have been built around imperfect information. Nowadays, many more forms of information than ever … before are available due to new technologies, and yet we are able to digest little of it. Which form of imperfect information …

Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation … decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We … study such preferences in a laboratory experiment by eliciting the willingness-to-pay to receive or to avoid verbal feedback …

efficiency. We experimentally evaluate the role of imperfect information or limited attention about energy costs of home … appliances and light bulbs on households' choices. Using in-home visits, we collect information on the energy efficiency of home … customized information about the potential of monetary savings from the adoption of new comparable efficient durables. We find a …

information overload. The sample size is 581. Main findings indicate that information overload is a real concern in Geneva and … seems to affect the efficiency of companies. Themes like sources and mediums of communications, utility of information …, information pollution are investigated. In the first part of the analysis, we propose descriptive statistics. In the second part …

compare it with 'impreciseness' (a coarser information partition). The outcomes are derived with various information … structures. That allows us to 1) demonstrate a model of differing interpretations of public information using asymmetric … and the value of preciseness; and 4) demonstrate the effect of unawareness and impreciseness on information revelation …

We provide an information-based theory of matching efficiency fluctuations. Rationally inattentive firms have limited … capacity to process information and cannot perfectly identify suitable applicants. During recessions, higher losses from hiring … unsuitable workers cause firms to be more selective in hiring. When firms cannot obtain sufficient information about applicants …