文章基本信息
- 标题：Information externalities in a model of sales
- 本地全文：下载
- 作者：Martin Sefton ; John Morgan
- 期刊名称：Economics Bulletin
- 电子版ISSN：1545-2921
- 出版年度：2001
- 卷号：4
- 出版社：Economics Bulletin
- 摘要：We anlayze Varian's (1980) Model of Sales, and show that when the number of uninformed consumers increases, prices become less competitive for all consumers. Thus, the influx of uninformed consumers generates a negative externality increasing the prices paid by informed consumers.
