the value of their potential innovation in industries characterized by a greater degree of knowledge asymmetries. Based on …

-tech groups and direct information on each firm’s access to bank credit, high-tech firms are found to be more likely to be credit …

efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …

-term contracts sacrificing managerial selection may be optimal at early stages of economic development and when access to information …

information in investor demand co-exists with the presence of capacity constraints in hedge fund returns, confirming two main …

Expansion in mobile phone coverage has improved access to information throughout the developing world, particularly … within sub-Saharan Africa. The existing evidence suggests that information technology has improved market efficiency and … data from a farmer-level survey: we find that farmers owning mobile phones obtain more price information but do not engage …

quality information, price information, and horizontal match information. Equilibrium is unique whenever advertising is … information. For a given quality level, as a function of consumer visit costs, first quality information is disclosed, then price … information and then horizontal product information are added to the advertising mix. Some suggestive evidence is provided from …

information transmission. In the case of uniform tariff, we argue that a positive price-cap on the charge to content is optimal … (with no constrain on the consumer side). Proposing menus helps signaling useful information to consumers and therefore …

information and correlated between them. The principals benchmark their agents against each other by making the same offers in the …