The welfare costs of informationally efficient prices
Year of publication: |
2022
|
---|---|
Authors: | Koren, Moran ; Mueller-Frank, Manuel |
Published in: |
Games and economic behavior. - Amsterdam : Elsevier, ISSN 0899-8256, ZDB-ID 1002944-8. - Vol. 131.2022, p. 186-196
|
Subject: | Dynamic markets | Dynamic prices | Herding | Efficient prices | Allocational efficiency | Information aggregation | Social learning | Welfare | Total surplus | Asymptotic learning | Theorie | Theory | Lernprozess | Learning process | Wohlfahrtsökonomik | Welfare economics | Allokationseffizienz | Allocative efficiency | Preismanagement | Pricing strategy | Wohlfahrtsanalyse | Welfare analysis | Effizienzmarkthypothese | Efficient market hypothesis | Herdenverhalten |
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