A monopolistic market for information

DOI10.1016/0022-0531(86)90052-9zbMath0594.90005MaRDI QIDQ1077314

Anat R. Admati, Paul Pfleiderer

Publication date: 1986

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(86)90052-9

zbMATH Keywords

monopolistic market for information; speculative market

Mathematics Subject Classification ID

91B24: Microeconomic theory (price theory and economic markets)

Related Items

Models of information aggregation in financial markets: a review, Viable allocations of information in financial markets, Information acquisition and mutual funds, Overconfidence and market efficiency with heterogeneous agents, On the value of information in a strategic conflict, Diversification in parametric rational expectations economies, Market equilibria with endogenous, hierarchical information, On aggregation of information in competitive markets: The dynamic case, Multi-period information markets, The communications and information economy: Issues, tariffs and economics research areas.

Cites Work

• Unnamed Item
• Viable allocations of information in financial markets
• The law of large numbers with a continuum of i.i.d. random variables
• General equilibrium with information sales
• Delegated portfolio management
• On the aggregation of information in competitive markets
• A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets
• Information Acquisition in a Noisy Rational Expectations Economy