Ignorance is bliss? Uncertainty about product valuation may benefit consumers
Graca, Tarcisio da
Ignorance is bliss? Uncertainty about product valuation may benefit consumers created by Tarcisio da Graça and Robert Masson - Applied economics letters Volume 20, number 9 .
Product information which is beneficial for an individual consumer may hurt if disseminated widely. Even with rational expectations, a fallacy of composition may occur if information leads to demand and price increases.
13504851
Information--Advertising--Rational expectations
HB1.A666 APP
Ignorance is bliss? Uncertainty about product valuation may benefit consumers created by Tarcisio da Graça and Robert Masson - Applied economics letters Volume 20, number 9 .
Product information which is beneficial for an individual consumer may hurt if disseminated widely. Even with rational expectations, a fallacy of composition may occur if information leads to demand and price increases.
13504851
Information--Advertising--Rational expectations
HB1.A666 APP