The ICT Revoluation in Consumer Product Markets.

New information and communication technology (ICT) makes consumers better informed about available products, product quality and prices, which mitigates problems of asymmetric information. The entry of firms is facilitated, competition and economic effiency is boosted and the market powers of households increased.

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Year of publication:	1999
Authors:	Lindbeck, A. ; Wikstrom, S.
Institutions:	Institute for International Economic Studies (IIES), Stockholms Universitet
Subject:	TECHNOLOGY \| ASYMETRIC INFORMATION \| COMPETITION

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Series:	Stockholm - International Economic Studies.
Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	D13 - Household Production and Intrahouse Allocation ; D40 - Market Structure and Pricing. General ; D8 - Information and Uncertainty ; L1 - Market Structure, Firm Strategy, and Market Performance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005479270