Reputation systems, which rank agents based on feedback from past interactions, play a crucial role in aggregating and sharing trust information online. Reputation systems are used to find authoritative web sites and ensure socially beneficial behavior on auction sites. The main problem faced by reputation system researchers is a lack of good metrics for comparison and evaluation. This thesis d...

This article examines factors influencing consumer attitudes towards SMS advertising. The study’s research framework was conceptualized using five predictor variables – informativeness, irritation, privacy, credibility, and incentives – and an outcome variable of consumer attitudes towards SMS advertising. The informativeness, irritation, and privacy was labelled as central route constructs and...

This paper examines the incentive of unpaid programmers to contribute to open source software (OSS) projects in order to signal their talents. The analysis shows that if programmers contribute to OSS projects at all, then generically there are multiple equilibria. In these equilibria, an increase in the visibility of performance, an increase in the sensitivity of performance to effort, and an i...

Managers engage in income smoothing either to communicate private information about future earnings to investors (informativeness hypothesis) or to distort financial performance for opportunistic purposes (opportunism hypothesis). Business cycles and the monitoring role of institutional ownership may affect the earnings informativeness of income smoothing. The purpose of this research is to exa...

investment institutions with substantial shareholdings in a firm have the resources and incentives to monitor and influence management decisions. whether the institutions actually monitor and exert pressure on managers is an empirical question.this study is designed to provide insights into the monitoring role of institutional investors by examining whether institutional ownership affects the i...

This paper extends the comparison of information systems in contract theory to a general context with an unobservable outcome and a risk-averse principal. The model examines information systems on two dimensions: (1) incentive-providing and (2) risksharing. We first identify the most efficient information systems. Then we develop an extended informativeness criterion for comparison of inclusive...

This paper investigates how a pair of signals about the type of the agent can be compared in the classical principal agent model with adverse selection. Signal comparison in this model has two distinctive features that make it di cult to directly apply the results from decision theory: timing of the game and the number of incentive compatibility constraint. The signal in the model takes the for...

An information usefulness approach to decision making points out that only the information is regarded as useful that will bring valuable messages to investors and lead to stock price adjustments. This study examines the effectiveness of audit committees in improving earnings quality and informativeness, particularly among family-owned firms. Earnings informativeness was measured through the re...