We introduce two pieces of information, denoted memes, into a diffusion process in which memes are transmitted when … informed in the long run. Our final set of results shows that agents are more likely to prefer segregation if their information …

We show that lenders join a U.S. commercial credit bureau when information asymmetries between incumbents and entrants … create an adverse selection problem that hinders market entry. Lenders also delay joining when information asymmetries … competition. We exploit shocks to information coverage to show that lenders enter new markets after joining the bureau in a …

We consider a multi-period rational expectations model in which risk-averse investors differ in their information on … expected utility than outsiders. Yet, information acquisition by one investor exerts a negative externality on other investors …. Thus, investors' average welfare is maximal when access to price information is rationed. We show that a market for price …