How does information management and control affect bank stability? Following a national bank holiday in 1933, New York state bank regulators suspended the publication of balance sheets of state-charter banks for two years, whereas the national-charter bank regulator did not. We use this...

We study platform markets in which the information about users' preferences is dispersed. First, we show how the dispersion of information introduces idiosyncratic uncertainty about participation decisions and how the latter shapes the elasticity of the demands and the equilibrium prices. We...

Information management secures the efficient exchange of data (e.g. from smart metering) in smart grids. Currently, national as well as regional information management systems are being developed. We discuss how the size of an information management system, i.e. the region covered by and the...