Public versus Private Information Provision

When is it better for the government to provide information, and when is this role better left to the market? I present a simple framework for evaluating this question, where the key factors are the cost of errors based on imperfect information and whether information is eventually revealed to consumers. I then apply the framework to examples

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Year of publication:	2013
Authors:	Clements, Matthew T.
Publisher:	[S.l.] : SSRN
Subject:	Asymmetrische Information \| Asymmetric information \| Theorie \| Theory

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Extent:	1 Online-Ressource (27 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 14, 2013 erstellt
Other identifiers:	10.2139/ssrn.2180936 [DOI]
Classification:	D82 - Asymmetric and Private Information ; L51 - Economics of Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014163428