The new decade has been called "the age of information." We show that, although information has become more accessible … effect of the products' attributes. Furthermore, we demonstrate that the lack of information contributes to observed brand …

In this paper, we have emphasized information problems which lead to home bias and insufficient amounts of capital …

information. One technique heavily used by rhetoric employs analogies. Using analogies, one may draw the listener`s attention to … similarities between cases and to re-organize existing information in a way that highlights certain regularities. In this paper we …

The paper constructs a theoretical framework in which the value of information in general equilibrium can be linked to … the efficiency of the risk sharing mechanism. We demonstrate that in economies with production, information may have … negative value even though no risk sharing markets exist. As a rule of thumb the value of information tends to be lower the …