various issues pertaining to different disciplines such as information and technology – representing digital India …

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 …

members of an information sharingCooperative. Once collected, information about the location of productive sh-ing sites is an … excludable public good. We show that independent shermen donot internalize the full value of information and do not replicate rst …-best searchpatterns. An information sharing Cooperative faces a free-riding problem as eachmember prefers that another undertake costly …

to predictable marginal cost changes, as expected from the Mankiwand Reis (2002) Sticky Information Model. We …nd that... …