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Book ChapterDOI

The Economics of Information

George J. Stigler
- 01 Jun 1961 - 
- Vol. 69, Iss: 3, pp 272-275
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TLDR
In this paper, the identification of sellers and the discovery of their prices is described as an example of the role of the search for information in economic life, and the identification and discovery of prices of goods and services is discussed.
Abstract
The identification of sellers and the discovery of their prices is given as an example of the role of the search for information in economic life.

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The case for motivated reasoning.

TL;DR: It is proposed that motivation may affect reasoning through reliance on a biased set of cognitive processes--that is, strategies for accessing, constructing, and evaluating beliefs--that are considered most likely to yield the desired conclusion.
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Information and Consumer Behavior

TL;DR: In this article, the authors argue that consumers lack full information about the prices of goods, but their information is probably poorer about the quality variation of products simply because the latter information is more difficult to obtain.
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What's in a Name? Reputation Building and Corporate Strategy

TL;DR: In this article, the authors argue that firms compete for reputational status in institutional fields and attempt to influence other stakeholders' assessments by signaling firms' salient advantages by signaling their salient advantages.
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Marketing in Hypermedia Computer-Mediated Environments: Conceptual Foundations

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The Antecedents and Consequences of Customer Satisfaction for Firms

TL;DR: In this article, the antecedents and consequences of customer satisfaction were investigated in a survey of 22,300 customers of a variety of major products and services in Sweden in 1989-1990.