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Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility-maximizing decisionmaker, for many asymmetric information environments. The presence of an...
Persistent link: https://www.econbiz.de/10011876702
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility-maximizing decisionmaker, for many asymmetric information environments. The presence of an...
Persistent link: https://www.econbiz.de/10011878459
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation’s statistical properties would confer economic benefits to a utility-maximizing decisionmaker across common asymmetric information environments. I develop the...
Persistent link: https://www.econbiz.de/10011882236
Researchers commonly "shrink" raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility‐maximizing decision‐maker across common asymmetric information environments. I develop...
Persistent link: https://www.econbiz.de/10012202867
Persistent link: https://www.econbiz.de/10013285708
Persistent link: https://www.econbiz.de/10010256927
We test the effect of the amount of information on the strategies played by others in the theoretically strategy-proof Top Trading Cycles (TTC) mechanism. We find that providing limited information on the strategies played by others has a negative and significant effect in truth-telling rates...
Persistent link: https://www.econbiz.de/10010257320
Persistent link: https://www.econbiz.de/10009670633
We investigate the determinants of students' university choice, with a focus on expected monetary returns, non-pecuniary factors enjoyed at school, and financial constraints, in the Pakistani context. To mitigate the identification problem concerning the separation of preferences, expectations...
Persistent link: https://www.econbiz.de/10010422733
We investigate the determinants of students' university choice, with a focus on expected monetary returns, non-pecuniary factors enjoyed at school, and financial constraints, in the Pakistani context. To mitigate the identification problem concerning the separation of preferences, expectations,...
Persistent link: https://www.econbiz.de/10010404593