Organizations design their communication structures to improve decision-making while limiting wasteful influence … activities. An efficient communication protocol grants completeinformation payoffs to all organization members, thereby … overcoming asymmetric information problems at no cost. This paper characterizes efficient protocols assuming that: (i) some …

confidence and examine their relation to entrepreneurial success in reward-based crowdfunding. Derived from ex-ante information …Self-confidence has long been regarded as one of the key qualities in determining entrepreneurial success. In markets … with uncertainty, like crowdfunding, entrepreneurial confidence is an important signal that lowers the information …

expansions and recessions. We find that the information content of macroeconomic announcements is mostimportant when it contains …

This paper summarizes the results of a Survey on Monetary policy Communication conducted among central banks in Central … transparency and communication strategies of the central banks. The results of the Survey reveal that today the central banks pay … much attention to the proper transparency and provide significant information about their decisions and policy making …

It is widely believed that vertical integration in an environment without foreclosure, or more generally without any … hurts consumers: integration induces the government to reduce the optimal subsidy and, as a result, industry output and …

literature on integration/agglomeration and that on city size and formation, we show that: i) devolution results in over … economic (i.e. intensity of trade) integration, the higher is the magnitude of the inefficiency. From a theoretical point of …

India presents an unique example of manufacturing capability in most sectors, but low integration into GVCs. This paper … examines the reasons for India's low integration into GVCs, especially in the manufacturing sector. It argues that one of the … reasons for India's low integration into GVCs is its primary focus on the domestic market. The second reason for India …