JavaScript is disabled for your browser. Some features of this site may not work without it.
Browsing by Subject "G14"
Now showing items 1-2 of 2
Title:Acquisition of Information and Share Prices: An Empirical Investigation of Cognitive Dissonance
Author(s):ARGENTESI, Elena; LUETKEPOHL, Helmut; MOTTA, MassimoDate:2010Type of Publication:ArticleAbstract:This paper deals with the determinants of agents' acquisition of information. Our econometric evidence shows that the general index of Italian share-prices and the series of Italy's financial newspaper sales are cointegrated, ...
Title:Markets for Information: Of Inefficient Firewalls and Efficient Monopolies
Author(s):CABRALES, Antonio; GOTTARDI, PieroDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:In this paper we study, within a formal model, market environments where information is costly to acquire and is of use also to potential competitors. Agents may then sell, or buy, reports over the information acquired and ...