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That’s News to Me! Information Revelation in Professional Certification Markets
Professional Certification Markets Information Revelation
2015/9/21
Using sportscard grading as an example, we employ field experiments to investigate
empirically the informational role of professional certifiers. In the past 20 years, professional
grading of spor...
Is No News (Perceived As) Bad News? An Experimental Investigation of Information Disclosure
market Information economics
2015/9/21
A central prediction of information economics is that market forces can lead businesses
to voluntarily provide information about the quality of their products, yet little
voluntary disclosure is o...
Does media bias affect voting? We analyze the entry of Fox News in cable
markets and its impact on voting. Between October 1996 and November 2000, the
conservative Fox News Channel was introduced in...
A growing body of evidence highlights the mediaís impact on public policies relevant to economic
development. Governments are more likely to channel resources to those who have access to information ...
However, many have questioned whether press competition is so obviously
beneficial. Increased market pressure is sometimes associated with cutbacks in
reporting and editorial quality (Zaller, ...
Social Trust and Differential Reactions of Local and Foreign Investors to Public News
Social Trust Differential Reactions of Local
2014/3/18
This study uses the segmented dual-class shares of Chinese firms---A shares
traded inside mainland China by local investors and H shares traded in Hong
Kong by foreign investors---to analyze the d...