Working Papers, Department of Economics, Lund University
No 1999:8:
The Demand for Information Services and the Market Structure
Håkan Holm ()
Abstract: Our main conclusion is that the demand for information
services that facilitate statistical screening between profitable and
unprofitable sellers is highly sensitive to the market structure. A
monopsonist will use information more extensively than would two or more
buyers on the same market. We also show that information quality
differences in the sense of Blackwell will influence the demand on
information. In equilibrium only the best information service will be
used.
Keywords: Screening; Information Service; Market Behavior; (follow links to similar papers)
JEL-Codes: C72; D21; D82; (follow links to similar papers)
25 pages, September 15, 1999
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Holm, Håkan, (2002), 'The Demand for Information Services and the Market Structure', Journal of Economics, Vol. 77, No. 2, pages 155-183
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