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quality and prices, which mitigates problems of assymetry of information. The entry of firms is facilitated, competition and … households. But important obstacles to these developments are technological vulnerability, quality problems in the information of …
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This paper discusses how ICT and emerging electronic commerce in consumer products influence the relative efficiency in production of households and firms, resulting in changes in the division of tasks between these two types of agents.
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Central banks have several reasons for extracting information from asset prices. Asset prices may embody more accurate …
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