The demand for information: More heat than light

Journal of Economic Theory

Volumn 138, Issue 1, 2008, Pages 21-50

  Keppo, Jussi ^a   Moscarini, Giuseppe ^b   Smith, Lones ^a  

^a UNIVERSITY OF MICHIGAN   (United States)

^b YALE UNIVERSITY   (United States)

Author keywords

Demand curve; Diffusion process; Elasticity; Garbling; Heat equation; Information; Ito's Lemma; Martingale; Non concavity; Option pricing

Indexed keywords

EID: 37349076270     PISSN: 00220531     EISSN: 10957235     Source Type: Journal    
DOI: 10.1016/j.jet.2007.03.003     Document Type: Article

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