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 …

proposed. Weights are derived from external variables thatconvey additional information about the true DGP, like trading volume …

information. Over time, agents are privatelyinformed by bids and offers. Investors are segmented into groups that differ … withrespect to characteristics determining information quality, including initial infor-mation precision as well as market … “connectivity,” the expected frequency of theirtrading opportunities. Investors with superior information sources attain …

We use a user-cost model to study how dispersed information among housing marketparticipants a¤ects the equilibrium … speculate onprice changes. Information dispersion leads agents to have heterogeneous expectationsabout housing demand and prices …