Browsing Department of Economics (ECO) by Subject "Market efficiency"

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Browsing Department of Economics (ECO) by Subject "Market efficiency"

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    Title: Markets for Information: Of Inefficient Firewalls and Efficient Monopolies  Author(s): CABRALES, Antonio; GOTTARDI, Piero Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...