Market demand of smart but uninformed consumers rotates counterclockwise with better information : surprising welfare effects
Year of publication: |
Februar 2016
|
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Authors: | Graça, Tarcisio Barroso da ; Masson, Robert T. |
Published in: |
Applied economics letters. - Abingdon : Routledge, ISSN 1350-4851, ZDB-ID 1181036-1. - Vol. 23.2016, 1/3, p. 11-14
|
Subject: | Information | rational expectations | demand rotation | welfare effects | advertising | Rationale Erwartung | Rational expectations | Wohlfahrtsanalyse | Welfare analysis | Konsumentenverhalten | Consumer behaviour | Informationsökonomik | Economics of information | Werbung | Advertising | Asymmetrische Information | Asymmetric information | Nachfrage | Demand | Konsumtheorie | Consumption theory |
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