Håkan Holm ()
Håkan Holm: Department of Economics, Lund University, Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund, Sweden
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.
25 pages, September 15, 1999
Questions (including download problems) about the papers in this series should be directed to Prakriti Thami ()
Report other problems with accessing this service to Sune Karlsson ().
This page generated on 2021-12-07 07:46:07.