We survey aspects of the intellectual development of the economics of information from the 1970s to today. We focus … here on models where information is communicated indirectly through actions. Basic results, such as the failure of the … equilibrium, when it exists, on both what information is available, and how information can be acquired, have been shown to be …

The paper surveys the recent work on economics of information with endogenous information structures where individuals … can directly communicate information with each other. We consider the theoretical work on cheap talk, Bayesian persuasion …, and information design, and review the implications of information control and information abundance for mis and …

Employment matches under uncertainty are typically accompanied by opportunities for information acquisition. Workers … can acquire specific information about productivity lotteries at the firm or general information affecting their … probabilistic beliefs about work elsewhere. Enterprises can acquire specific information concerning the productivity of a particular …

; asymmetric information and the income of founders; production and consumption externalities from labor effort; market power and …

information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is … positively associated with the quantity and timeliness of analyst reports. Soft information collection, as proxied by propensity … star analyst. Both hard and soft information collection improve forecast precision, a causal result that we confirm using …

In efficient markets the price should reflect the arrival of private information. The mechanism by which this is … the information; (2) he can hold the asset until the date when the information is reflected in the price. We study a … private information about a distant event. Whether he acts on his information, and whether subsequent informed traders act, is …