The American Economic Review

最新文章

• Entropy and the Value of Information for Investors AI翻译
  作者：Cabrales, Antonio; Gossner, Olivier; Serrano, Roberto
  作者单位：Universidad Carlos III de Madrid; Paris School of Economics; Centre National de la Recherche Scientifique (CNRS); Brown University; Brown University
  摘要：Consider an investor who fears ruin when facing investments that satisfy no-arbitrage. Before investing he can purchase information about the state of nature as an information structure. Given his prior, information structure alpha investment dominates information structure beta if, whenever he is willing to buy beta at some price, he is also willing to buy alpha at that price. We show that this informativeness ordering is complete and is represented by the decrease in entropy of his beliefs, ...
• Submission Fees and Response Times in Academic Publishing AI翻译
  作者：Cotton, Christopher
  作者单位：University of Miami
• Information and Quality When Motivation is Intrinsic: Evidence from Surgeon Report Cards AI翻译
  作者：Kolstad, Jonathan T.
  作者单位：University of Pennsylvania; National Bureau of Economic Research
  摘要：If profit maximization is the objective of a firm, new information about quality should affect firm behavior only through its effects on market demand. I consider an alternate model in which suppliers are motivated by a desire to perform well in addition to profit. The introduction of quality report cards for cardiac surgery in Pennsylvania provides an empirical setting to isolate the relative role of extrinsic and intrinsic incentives in determining surgeon response. Information on performanc...
• Trading Away Wide Brands for Cheap Brands AI翻译
  作者：Dhingra, Swati
  作者单位：University of London; London School Economics & Political Science
• Limited Life Expectancy, Human Capital and Health Investments AI翻译
  作者：Oster, Emily; Shoulson, Ira; Dorsey, E. Ray
  作者单位：National Bureau of Economic Research; Georgetown University; Johns Hopkins University
• Can Financial Engineering Cure Cancer? AI翻译
  作者：Fagnan, David E.; Fernandez, Jose Maria; Lo, Andrew W.; Stein, Roger M.
  作者单位：Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
• Measuring the Trends in Inequality of Individuals and Families: Income and Consumption AI翻译
  作者：Fisher, Jonathan D.; Johnson, David S.; Smeeding, Timothy M.
  作者单位：University of Wisconsin System; University of Wisconsin Madison
• Transaction Networks: Evidence from Mobile Money in Kenya AI翻译
  作者：Jack, William; Ray, Adam; Suri, Tavneet
  作者单位：Georgetown University; Innovations for Poverty Action (IPA); Massachusetts Institute of Technology (MIT)
• Immigration and Employer Transitions for STEM Workers AI翻译
  作者：Kerr, Sari Pekkala; Kerr, William R.
  作者单位：Wellesley College; Harvard University
• Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease AI翻译
  作者：Oster, Emily; Shoulson, Ira; Dorsey, E. Ray
  作者单位：University of Chicago; National Bureau of Economic Research; Georgetown University; Johns Hopkins University
  摘要：We use novel data to study genetic testing among individuals at risk for Huntington disease (HD), a hereditary disease with limited life expectancy. Although genetic testing is perfectly predictive and carries little economic cost, presymptomatic testing is rare. Testing rates increase with increases in ex ante risk of having HD. Untested individuals express optimistic beliefs about their health and make decisions (e. g., retirement) as if they do not have HD, even though individuals with conf...