Dinlersoz, Emin M.; Yorukoglu, Mehmet - In: Information Economics and Policy 20 (2008) 2, pp. 168-191
This paper introduces a model to analyze the role of the cost of information dissemination in large markets where firms have varying degrees of intrinsic efficiency reflected in their marginal costs. Firms enter a market and discover how efficient they are. Those firms with high enough...