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The Elgar companion to information economics
Title
The Elgar companion to information economics / edited by Daphne R. Raban, Associate Professor of Business Administration, School of Business Administration, University of Haifa, Israel and Julia Włodarczyk, Associate Professor of Economics, Department of Economics, University of Economics in Katowice, Poland.
ISBN
9781802203967 (e-book)
Publication
Northampton : Edward Elgar Publishing, 2024.
Physical Description
1 online resource (578 pages)
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Summary
"The Elgar Companion to Information Economics dexterously navigates this interdisciplinary field of research which celebrates the crucial contribution of information to decision making, market dynamics, and economic well-being. Offering a wealth of conceptual analysis, this erudite Companion embarks on an intellectual journey exploring how the fundamentals of information economics explain rapid developments in the information landscape. Featuring contributions from acclaimed international scholars, chapters expertly analyse the role of information for economic processes. From asymmetric information to AI and digital influencers, they examine the latest developments in research and the practical problems raised by recent innovative technologies while discussing important policy implications. Major themes such as information and disinformation, inequality, information asymmetry, innovation, informational influence, payment and value are examined, and special focus is given to the contrast between scarcity and abundance of information. A number of pressing issues in the processing of information are also identified. This authoritative Companion will serve as a fundamental resource for policymakers, economists, sociologists, information scientists, communication scholars, and political scientists. Postgraduate students and academic researchers interested in the economics of innovation, industrial economics, technology and ICT will similarly benefit from this Companion"-- Provided by publisher.
Variant and related titles
Elgaronline.
Format
Books / Online
Language
English
Added to Catalog
March 28, 2024
Bibliography
Includes bibliographical references and index.
Contents
Contents: Preface
Part I. Information economics overview
1. Information economics examined through scarcity and abundance / Daphne R. Raban and Julia Włodarczyk
2. Robust theory and fragile practice: Information in a world of disinformation
Part 1: Indirect communication / Joseph E. Stiglitz and Andrew Kosenko
3. Robust theory and fragile practice: Information in a world of disinformation
Part 2: Direct communication / Joseph E. Stiglitz and Andrew Kosenko
4. Information and income distribution: The perspective of information economics / Julia Włodarczyk
Part II. Information asymmetry
5. Asymmetric information as a market failure in retrospect / Wojciech Giza
6. A quadrennial review of the significance of information asymmetry in economics and finance / Pedro A. Martín-Cervantes and María del Carmen Valls Martínez
7. Overcoming asymmetric information: A data-driven approach / Giuseppe Pernagallo
8. Asymmetric information in health economics: Can contract regulation improve equity and efficiency? / Pau Olivella
9. Consequences of information asymmetry in a syndication network: The joint investments of the Israeli venture capital funds / Ilan Talmud
Part III. Information transmission and influence
10. Disclosure of conflicts of interest: Theory and empirics / Ming Li and Ting Liu
11. Information and expertise / Filippo Pavesi, Massimo Scotti and Nicola Argelli
12. Informational influence and its forecasting in e-commerce / Avraham Noy and Shimon Schwartz
Part IV. Innovation and intellectual property
13. Digital innovation: An information-economic perspective / Johannes M. Bauer and Tiago S. Prado
14. Innovation and information: Smooth and ongoing change, or turbulence and cognitive over-stress? On the complex deep structure of innovation / Wolfram Elsner
15. Intangibles, information goods, and intellectual property goods in modern economics / Dominika Bochańczyk-Kupka
16. Incomplete contracts, intellectual property rights, and incentives: Investment in knowledge assets under alternative institutional configurations / Erkan Gürpinar and Eyüp Özveren
Part V. Payment, value, crowdfunding
17. Payment on information markets / Wolfgang G. Stock
18. Payment on information markets / Daphne R. Raban and Niv Ahituv
19. The role of influencer endorsements in users' willingness to pay for knowledge products: An empirical investigation / Xiaoyu Chen and Alton Y. K. Chua
20. Barriers to participation in cultural crowdfunding / Roei Davidson
Part VI. Challenges
21. The challenge of organizational bulk email systems: Model and empirical studies / Ruoyan Kong and Joseph A. Konstan
22. The effect of supervisor's control and workload on ais users' perceived usefulness and approach to misuse an automated system output: The moderating role of experience of ais practitioners / Ewa Wanda Maruszewska and Maciej Andrzej Tuszkiewicz
23. On the status of machine learning inferences in data privacy economics and regulation / David Bodoff
24. The digital world has a long shadow / Serghei Ohrimenco, Grigori Borta and Valeriu Cernei
Part VII. Future
25. The terms: The parameters of information economics / Sandra Braman
Index.
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Electronic books.
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