منابع مشابه
When money talks.
Despite the explicit and detailed reports of extensive financial ties between physicians and researchers on the one hand and device and drug companies on the other hand and notwithstanding a proliferation of conflict of interest policies by academic medical centers (AMCs) and professional medical societies, some recipients of industry largess continue to deny that these relationships are in any...
متن کاملAdvancing Money Talks
Money MesMeRizes a nd MysTifies. Its influence extends far beyond the steely confines of numbers, ledgers, and rational calculations. Yet, for a long time economists managed to keep monetary analysis safely constrained within technical territory. Coinciding with Gertrude Stein’s (1936: 88) sober dictum that “whether you like it or whether you do not, money is money and that is all there is abou...
متن کاملMoney Talks and Matters:
How should central banks conduct and communicate their policies to serve the goal of stabilizing the macroeconomy? This thesis – consisting of three self-contained essays on dynamic macroeconomics – is mainly intended as a progress report on exploring the normative aspect of monetary policy. The main result of the first essay is, that in the presence of idiosyncratic risk, the public revelation...
متن کاملMoney Talks: Rebate Mechanisms in Reputation System Design
Reputation systems that rely on voluntary feedback from traders are important in creating and sustaining trust in markets. Reporting feedback, however, is often costly for the reporter and feedback is a public good. We combine theory with a laboratory experiment to study the effect of a novel seller precommitment mechanism on promoting feedback and market efficiency. Specifically, our precommit...
متن کاملMoney talks? An Experimental Investigation of Cheap Talk and Burned Money
We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two. We find that senders prefer to communicate through costless messages. Only when the interest disalig...
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ژورنال
عنوان ژورنال: Journal of General Internal Medicine
سال: 2001
ISSN: 0884-8734,1525-1497
DOI: 10.1111/j.1525-1497.2001.10118.x