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The New Economics of Information

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  • Jack Hirshleifer

    (UCLA)

  • John G. Riley

    (UCLA)

Abstract

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  • Jack Hirshleifer & John G. Riley, 1976. "The New Economics of Information," UCLA Economics Working Papers 074, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:074
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    File URL: http://www.econ.ucla.edu/workingpapers/wp074.pdf
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    References listed on IDEAS

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    1. Charles J. Cicchetti & A. Myrick Freeman III, 1971. "Option Demand and Consumer Surplus: Further Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(3), pages 528-539.
    2. Claude Henry, 1974. "Option Values in the Economics of Irreplaceable Assets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 89-104.
    3. Charles Blankart, 1975. "Controversies on market failure in rewarding inventors," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 111(4), pages 760-769, December.
    4. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    5. J. Tobin, 1958. "Liquidity Preference as Behavior Towards Risk," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 25(2), pages 65-86.
    6. Hirshleifer, Jack, 1971. "The Private and Social Value of Information and the Reward to Inventive Activity," American Economic Review, American Economic Association, vol. 61(4), pages 561-574, September.
    7. Robert Jones & Joseph Ostroy, 1976. "Liquidity as Flexibility," UCLA Economics Working Papers 073, UCLA Department of Economics.
    8. Stiglitz, Joseph E, 1975. "The Theory of "Screening," Education, and the Distribution of Income," American Economic Review, American Economic Association, vol. 65(3), pages 283-300, June.
    9. Darby, Michael R & Karni, Edi, 1973. "Free Competition and the Optimal Amount of Fraud," Journal of Law and Economics, University of Chicago Press, vol. 16(1), pages 67-88, April.
    10. Riley, John G, 1976. "Information, Screening and Human Capital," American Economic Review, American Economic Association, vol. 66(2), pages 254-260, May.
    11. Grossman, Sanford J & Stiglitz, Joseph E, 1976. "Information and Competitive Price Systems," American Economic Review, American Economic Association, vol. 66(2), pages 246-253, May.
    12. Nelson, Philip, 1974. "Advertising as Information," Journal of Political Economy, University of Chicago Press, vol. 82(4), pages 729-754, July/Aug..
    13. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    14. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    15. Marshall, John M, 1974. "Private Incentives and Public Information," American Economic Review, American Economic Association, vol. 64(3), pages 373-390, June.
    16. D. R. Byerlee, 1971. "Option Demand and Consumer Surplus: Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(3), pages 523-527.
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