Information acquisition with heterogeneous valuations

DOI10.1016/J.JET.2020.105155MaRDI QIDQ1995297zbMATHOpenAlexFDO

Authors Rohit Rahi

Publication date 23 February 2021

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

Full work available at URL https://doi.org/10.1016/j.jet.2020.105155

zbMATH Keywords

information acquisitionwelfarestrategic complementaritiesheterogeneous valuationslearning externalities

Mathematics Subject Classification ID

Economics of information (91B44) Welfare economics (91B15)

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Cites work

• Information Acquisition and Welfare
• Information Acquisition in Financial Markets
• Information acquisition, price informativeness, and welfare
• Information and strategic behavior
• Informed Speculation with Imperfect Competition
• Monotone Comparative Statics
• On the aggregation of information in competitive markets
• Price inference in small markets
• Public and private learning from prices, strategic substitutability and complementarity, and equilibrium multiplicity
• Smooth trading with overconfidence and market power
• Strategic supply function competition with private information
• Trading and information diffusion in over-the-counter markets
• Value of information in competitive economies with incomplete markets
• What is the optimal trading frequency in financial markets?

Cited in

(7)

• Competing conventions with costly information acquisition
• Efficient information acquisition with heterogeneous agents
• Searching for ESG information: heterogeneous preferences and information acquisition
• On the functional equivalence of two perfectly competitive economies with negative exponential utility and linear utility with a quadratic holding cost
• A normalized value for information purchases
• Information, market power and welfare
• Information acquisition, price informativeness, and welfare

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