Showing 1 - 10 of 556
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 …
Persistent link: https://www.econbiz.de/10013219214
large information spillovers. Individuals become more concerned about climate change when their geographically distant … illustrate the important role of social values and economic preferences for understanding how information spillovers affect …
Persistent link: https://www.econbiz.de/10013549238
We introduce a novel method to identify information networks in stock markets, which explicitly accounts for the impact … of public information on investor trading decisions. We show that public information has a clear effect on the empirical … the information network …
Persistent link: https://www.econbiz.de/10013234475
Many facts are learned through the intermediation of individuals with special access to information, such as law … societies can learn about such facts when information is cheap to manipulate, produced sequentially, and these individuals are … devoid of ethical motive. The answer depends on an "information attrition" condition pertaining to the amount of evidence …
Persistent link: https://www.econbiz.de/10012169405
there are feedback mechanisms from product to crude markets in the short run, investigating, in particular, weather shocks …
Persistent link: https://www.econbiz.de/10013067163
transmission of personal information or to avoid intrusive direct marketing campaigns. When they express privacy concerns … consequences of information transmission. We suggest that there is a homo economicus behind privacy concerns, not simply a primal …
Persistent link: https://www.econbiz.de/10010352093
Obtaining information about changes in market conditions is vital for the survival of the firms operating in a changing … environment. In this paper, we offer a theory of information flows in a setting in which the principal faces a project choice and … between the project and the environment. Distortions in information flows arise since the production cost is known only to the …
Persistent link: https://www.econbiz.de/10014112865
This chapter documents what economists have learned about user-generated content (UGC) and social media. A growing body of evidence suggests that UGC on platforms ranging from Yelp to Facebook has a large causal impact on economic and social outcomes ranging from restaurant decisions to voting...
Persistent link: https://www.econbiz.de/10014025204
security to defend against cyber attacks by hackers. Hackers choose an optimal attack, and they share information with each … other about the firm's vulnerabilities. Each hacker prefers to receive information, but delivering gives competitive … advantage to the other hacker. We find that each hacker's attack and information sharing are strategic complements while one …
Persistent link: https://www.econbiz.de/10014026808
the plants beneath him. We argue that different organizational forms give rise to different information about managers …
Persistent link: https://www.econbiz.de/10014028783