Is No News (Perceived as) Bad News? An Experimental Investigation of Information Disclosure /
Jin, Ginger Zhe.
Is No News (Perceived as) Bad News? An Experimental Investigation of Information Disclosure / Ginger Zhe Jin, Michael Luca, Daniel Martin. - Cambridge, Mass. National Bureau of Economic Research 2015. - 1 online resource: illustrations (black and white); - NBER working paper series no. w21099 . - Working Paper Series (National Bureau of Economic Research) no. w21099. .
April 2015.
This paper uses laboratory experiments to directly test a central prediction of disclosure theory: that strategic forces can lead those who possess private information to voluntarily provide it. In a simple two-person disclosure game, we find that senders disclose favorable information, but withhold less favorable information. The degree to which senders withhold information is strongly related to their stated beliefs about receiver actions, and their stated beliefs are accurate on average. Receiver actions are also strongly related to their stated beliefs, but receiver actions and beliefs suggest they are insufficiently skeptical about non-disclosed information in the absence of repeated feedback.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.
Is No News (Perceived as) Bad News? An Experimental Investigation of Information Disclosure / Ginger Zhe Jin, Michael Luca, Daniel Martin. - Cambridge, Mass. National Bureau of Economic Research 2015. - 1 online resource: illustrations (black and white); - NBER working paper series no. w21099 . - Working Paper Series (National Bureau of Economic Research) no. w21099. .
April 2015.
This paper uses laboratory experiments to directly test a central prediction of disclosure theory: that strategic forces can lead those who possess private information to voluntarily provide it. In a simple two-person disclosure game, we find that senders disclose favorable information, but withhold less favorable information. The degree to which senders withhold information is strongly related to their stated beliefs about receiver actions, and their stated beliefs are accurate on average. Receiver actions are also strongly related to their stated beliefs, but receiver actions and beliefs suggest they are insufficiently skeptical about non-disclosed information in the absence of repeated feedback.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.