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Ignorance is bliss? : uncertainty about product valuation may benefit consumers
Graça, Tarcisio Barroso da; Masson, Robert T. - In: Applied economics letters 20 (2013) 7/9, pp. 897-902
Persistent link: https://www.econbiz.de/10009763257
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Market demand of smart but uninformed consumers rotates counterclockwise with better information : surprising welfare effects
Graça, Tarcisio Barroso da; Masson, Robert T. - In: Applied economics letters 23 (2016) 1/3, pp. 11-14
Persistent link: https://www.econbiz.de/10011414186
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Ignorance is Bliss? Uncertainty About Product Valuation May Benefit Consumers
da Graca, Tarcisio - 2013
Product information which is beneficial for an individual consumer may hurt if disseminated widely. Even with rational expectations a fallacy of composition may occur if information leads to demand and price increases
Persistent link: https://www.econbiz.de/10013089375