The Contributions of the Economics of Information to Twentieth Century Economics

By Joseph E. Stiglitz. 2000

1,378 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/82a0da336eeb41ed8bbee33cbec8532d539839ef

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Citations in the corpus

Transparency is not Enough: Making Transparency Effective in Reducing Corruption (2010, background): “Economists have increasingly emphasized the crucial role played by information for avoiding market failures and for achieving efficient allocation of resources (Stiglitz, 2000).”
The institutional, economic and social determinants of local government transparency (2013, background): “In fact, transparency is based on the accessibility of information, which is a public good that improves the functioning of markets and prevents market failures, according to classical papers by Stigler (1961), Stiglitz and Weiss (1981), and Stiglitz (2000), among others.”
Where Do Prices Come From? Sociological Approaches to Price Formation (2011, background): “Economics deviated from orthodox price theory especially in the fields of industrial economics (Carlton/Perloff 2005) and infor mation economics (Akerlof 1970; Stiglitz 2000).”
Valuing University–Based Firms: The Effects of Academic Affiliation on IPO Performance (2011, background): “Providing convincing signals about the quality of the innovation project is indeed costly and sometimes leads to market failure, due to the lemons problem (Akerlof, 1970; Spence, 1974; Stiglitz, 2000).”
Adverse Selection and M&A Design: The Roles of Alliances and Ipos (2008, positive): “Our analysis extends prior applications of information economics in other market settings (e.g., Stiglitz, 2000; Riley, 2001; Garmaise and Moskowitz, 2004) to the domain of M&A in general, and their deal structuring choices in particular.”
Domestic alliance network to attract foreign partners: Evidence from international joint ventures in China (2014, background): “Overall, such a system may facilitate the partner selection process and (potentially) attract more FDI to the country by mitigating information asymmetries (Stiglitz, 2000).”
The Business Governance of Localized Knowledge: An Information Economics Approach for the Economics of Knowledge (2006, background): “This approach makes it possible to articulate the analysis of both the limitations and the conditions for which knowledge can be generated, exchanged and traded among individuals within organization and among firms and organizations, across the full range of intertwined product and factor markets, b”
Service innovation and customer satisfaction: the role of customer value creation (2017, background): “Thus, unlike the firm, consumers do not have the full information required for judging the quality or value of an innovation in services newly introduced into the market (Stiglitz, 2000).”
The Importance of Trust for Investment: Evidence from Venture Capital (2016, background): “[69] Stiglitz, Joseph (2000) ’The Contributions of the Economics of Information to Twentieth Century Economics,’ Quarterly Journal of Economics, 115 (4), 1441—1478.”
The Signaling Effect of Corporate Social Responsibility in Emerging Economies (2016, background): “Signaling theory addresses information asymmetries between two parties where the sources of asymmetric information are mainly concerned with information about quality or information about intent (Stiglitz 2000).”
Tourism Risk and Uncertainty (2015, background): “There is a rich seam of research to be undertaken on the complex decision-making processes employed by individuals when faced with too much information (Stiglitz 2000) in tourism.”