scholarly journals The Social Value of Information and the Competition Motive: Price vs. Quantity Games

2017 ◽  
Author(s):  
Camille Cornand ◽  
Rodolphe dos Santos Ferreira
2011 ◽  
Author(s):  
George-Marios Angeletos ◽  
Luigi Iovino ◽  
Jennifer La'O

2019 ◽  
Vol 70 (4) ◽  
pp. 1101-1137 ◽  
Author(s):  
Camille Cornand ◽  
Rodolphe Dos Santos Ferreira

2016 ◽  
Vol 106 (1) ◽  
pp. 200-227 ◽  
Author(s):  
George-Marios Angeletos ◽  
Luigi Iovino ◽  
Jennifer La'O

Does welfare improve when firms are better informed about the state of the economy and can thus better coordinate their production and pricing decisions? We address this question in an elementary business-cycle model that highlights how the dispersion of information can impede both kinds of decisions and, in this sense, be the source of both real and nominal rigidity. Within this context we develop a taxonomy for how the social value of information depends on the two rigidities, on the sources of the business cycle, and on the conduct of monetary policy. (JEL D21, D82, D83, E32, E52)


2015 ◽  
Vol 158 ◽  
pp. 466-506 ◽  
Author(s):  
David P. Myatt ◽  
Chris Wallace

2011 ◽  
Author(s):  
George-Marios Angeletos ◽  
Luigi Iovino ◽  
Jennifer La'O

2015 ◽  
Vol 2015 (1) ◽  
pp. 16671 ◽  
Author(s):  
David Antons ◽  
Torsten Oliver Salge ◽  
Michael Barrett ◽  
Rajiv Kohli ◽  
Eivor Oborn

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