The Demand for Information: More Heat than Light
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Abstract
Suggested Citation
Note: CFP 1258.
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Other versions of this item:
- Keppo, Jussi & Moscarini, Giuseppe & Smith, Lones, 2008. "The demand for information: More heat than light," Journal of Economic Theory, Elsevier, vol. 138(1), pages 21-50, January.
- Jussi Keppo & Giuseppe Moscarini & Lones Smith, 2005. "The Demand for Information: More Heat than Light," 2005 Meeting Papers 798, Society for Economic Dynamics.
References listed on IDEAS
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Citations
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Cited by:
- Jeffrey L. Hoopes & Daniel H. Reck & Joel Slemrod, 2015.
"Taxpayer Search for Information: Implications for Rational Attention,"
American Economic Journal: Economic Policy, American Economic Association, vol. 7(3), pages 177-208, August.
- Jeffrey Hoopes & Daniel Reck & Joel Slemrod, 2013. "Taxpayer Search for Information: Implications for Rational Attention," NBER Working Papers 19482, National Bureau of Economic Research, Inc.
- Hoopes, Jeffrey L. & Reck, Daniel & Slemrod, Joel, 2015. "Taxpayer search for information: implications for rational attention," LSE Research Online Documents on Economics 88191, London School of Economics and Political Science, LSE Library.
- Axel Anderson & Lones Smith, 2013. "Dynamic Deception," American Economic Review, American Economic Association, vol. 103(7), pages 2811-2847, December.
- Florian Hoffmann & Roman Inderst & Sergey Turlo, 2018.
"Regulating Cancellation Rights with Consumer Experimentation,"
CRC TR 224 Discussion Paper Series
crctr224_2018_045, University of Bonn and University of Mannheim, Germany.
- Hoffmann, Florian & Inderst, Roman, 2019. "Regulating Cancellation Rights with Consumer Experimentation," CEPR Discussion Papers 13641, C.E.P.R. Discussion Papers.
- Alessandra Fogli & Laura Veldkamp, 2007.
"Nature or nurture? learning and female labor force dynamics,"
Staff Report
386, Federal Reserve Bank of Minneapolis.
- Alessandra Fogli & Laura Veldkamp, 2007. "Nature or Nurture? Learning and Female Labor Force Dynamics," Working Papers 07-11, New York University, Leonard N. Stern School of Business, Department of Economics.
- Laura Veldkamp & Alessandra Fogli, 2007. "Nature or Nurture? Learning and Female Labor Force Dynamics," 2007 Meeting Papers 1021, Society for Economic Dynamics.
- Fogli, Alessandra & Veldkamp, Laura, 2007. "Nature or Nurture? Learning and Female Labour Force Dynamics," CEPR Discussion Papers 6324, C.E.P.R. Discussion Papers.
- Gryglewicz, Sebastian, 2011. "A theory of corporate financial decisions with liquidity and solvency concerns," Journal of Financial Economics, Elsevier, vol. 99(2), pages 365-384, February.
- Michael Jong Kim, 2020. "Variance Regularization in Sequential Bayesian Optimization," Mathematics of Operations Research, INFORMS, vol. 45(3), pages 966-992, August.
- Heyen, Daniel & Goeschl, Timo & Wiesenfarth , Boris, 2015. "Risk Assessment under Ambiguity: Precautionary Learning vs. Research Pessimism," Working Papers 0605, University of Heidelberg, Department of Economics.
- Dai, Min & Huang, Shan & Keppo, Jussi, 2019. "Opaque bank assets and optimal equity capital," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 369-394.
More about this item
Keywords
Value of information; Non-concavity; Heat equation; Demand; Bayesian analysis;JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MIC-2005-02-13 (Microeconomics)
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