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"The Elgar Companion to Information Economics dexterously navigates this interdisciplinary field of research which celebrates the crucial contribution of information to decision making, market dynamics, and economic well-being. Offering a wealth of conceptual analysis, this erudite Companion...
Persistent link: https://www.econbiz.de/10014512162
This publication provides information about the socioeconomic aspects of the digital economy. The set of 18 essays covers the effects of digital economy on business transactions, technology and culture, as well as on education. It also covers various aspects of global production, trade, and...
Persistent link: https://www.econbiz.de/10011725993
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This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of … labor towards inefficient firms. This has significant negative consequences for aggregate industry productivity. I find that … industries with stronger growth in real estate value see a significant reduction in total factor productivity growth. A 10 …
Persistent link: https://www.econbiz.de/10012220104
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or...
Persistent link: https://www.econbiz.de/10002034969
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This volume studies information as an economic resource in the Roman World. Information asymmetry is a distinguishing phenomenon of any human relationship. From an economic perspective, private or hidden information, opposed to publicly observable information, generates advantages and...
Persistent link: https://www.econbiz.de/10012288054
1. Asymmetric Information and the Roman Economy: Introduction -- 2. Economics and Information: Asymmetries, Uncertainties and Risks -- Part 1: Information Management -- 3. Managing Economic Public Information in Rome: the Aerarium as Central Archive of the Roman Republic -- 4. Managing...
Persistent link: https://www.econbiz.de/10012399992
Persistent link: https://www.econbiz.de/10013271215
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or...
Persistent link: https://www.econbiz.de/10013520473