Markets for information: of inefficient firewalls and efficient monopolies

DOI10.1016/J.GEB.2013.10.008MaRDI QIDQ2437165zbMATH OpenOpenAlexFDO

Authors Antonio Cabrales, Piero Gottardi

Publication date 3 March 2014

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/1814/10679

zbMATH Keywords

cheap talkfirewallsinformation acquisitionmarket efficiencyconflicts of interestinformation sale

Mathematics Subject Classification ID

Signaling and communication in game theory (91A28) Economics of information (91B44) Special types of economic markets (including Cournot, Bertrand) (91B54)

Recommendations

• Information Acquisition and Relative Efficiency of Competitive, Oligopoly and Monopoly Markets
• Information acquisition, price informativeness, and welfare
• A monopolistic market for information
• Public information quality with monopolistic sellers
• Rational expectations equilibrium and the strategic choice of costly information

Cites work

• A monopolistic market for information
• Coordination, ``Magic, and reinforcement learning in a market entry game
• Credulity, lies, and costly talk
• Direct and Indirect Sale of Information
• Estimation of a Model of Entry in the Airline Industry
• Information Acquisition and Efficient Mechanism Design
• Information Acquisition in Auctions
• Information structures in optimal auctions
• Job contact networks.
• Markov-Perfect Industry Dynamics: A Framework for Empirical Work
• Optimal Information Disclosure in Auctions and the Handicap Auction
• Strategic Information Transmission
• Strategic communication with lying costs
• Using Privileged Information to Manipulate Markets: Insiders, Gurus, and Credibility

Cited in

(3)

• A monopolistic market for information
• Can there be a market for cheap-talk information? An experimental investigation
• Public information quality with monopolistic sellers

This page was built for publication: Markets for information: of inefficient firewalls and efficient monopolies

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2437165)