the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …

Informational separability occurs when information decreases as the result of suppressing information that … partial information, and rational inattention …

the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …

Information is a valuable good that requires scarce inputs, such as human talent, to produce. Competition among … dynamic implications of this channel for information choice, risk-taking, and welfare. We study a dynamic portfolio choice … problem with heterogeneous agents and endogenous information choice. Our central assumption is that investors compete for …