internal rivalry. Driven by deregulation and advances in information technologies, many historical institutional distinctions …

This paper examines search with active learning and correlated information. We firstdevelop a simple model to show how … correlation affects the decision to acquire information.A unique data set on fishing site choice by mid-Atlantic clam fishermen is … declines, i.e., when the opportunity cost of gathering information is low, butalso when catch at familiar sites is on the rise …

We consider optimal trade policy for a large country with private information. We show that the optimal tariff leads to … a signaling equilibrium with higher tariffs and lower welfare than under complete information, whereas the optimal … import quota replicates the complete information equilibrium and thus is superior to the tariff. We also show that, with the …

information from interested parties. Unfortunately, information from interested parties does not provide an accurate picture of … the benefits and risks of new products. This paper examines the effects of information on consumers? demand for new food … products, GM-foods, in an environment where information from one or more interested parties is provided. We design and conduct …

developed in previous work that relax the strong assumptions on information.We also review some related literature.[...] …

Die verschiedenen Rollen der Information führten in derEntwicklung des IT-Managements bzw. des Informationsmanagements … Wettbewerbsfaktor. Ein Wechsel inder Titulierung der „Information als …“ steht für eine Verschiebung derProblem- und Aufgabenstellung in … der IT und damit auch der Perspektive,unter der die Information oder „die IT“ in Theorie und Praxis betrachtetwird …

and accurate at pricing new information, as there areno signs of drift shortly after news days. On the contrary, a …

We explore the effects of information propagation in a centralized financialmarket. Specifically, we embed search … frictions within the Grossman andStiglitz (1980) framework, relying on information percolation as modeled inDuffie, Malamud, and … Manso (2009). First, we show that information percolationproduces a positive autocorrelation in stock returns. Second, we …