Information and the Change in the Paradigm in Economics

By Joseph E. Stiglitz. 2002

1,396 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a7118b8096a47773c65fde54bf451d4ecbaadaa6

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

Citations in the corpus

Signaling in Secret: Pay-for-Performance and the Incentive and Sorting Effects of Pay Secrecy (2014, background): “…choice behavior (Connelly et al., 2011), it is conceivable that the underinformed party may interpret such intentional information asymmetry as a signal in and of itself, and thus use that understanding to facilitate the interpretation and assess the credibility of other signals (Stiglitz, 2002).”
The Business Governance of Localized Knowledge: An Information Economics Approach for the Economics of Knowledge (2006, background): “…by Joseph Stiglitz between information economics and economics of knowledge provides basic guidance to implement the economics of knowledge (Stiglitz, 2000, 2002).1 The typical fields of investigation of information Correspondence Address: Cristiano Antonelli, Università di Torino,…”
Promoting transparency and accountability through ICTs, social media, and collaborative e‐government (2012, background): “…transparency can Promoting transparency 79 (Anderson, 2009; Cullier and Piotrowski, 2009; Dawes, 2010; Kolstad and Wiig, 2009; Kolstad et al., 2009; Stiglitz, 2002a, b): . make corruption less risky and more attractive; . prevent the use of public incentives to make public officials act…”
Wind power development in Sweden: Global policies and local obstacles (2007, methodology): “It should be noted that the cost estimates generated by this method represent what may be referred to as engineering costs; that is, the cost is an attribute of the technology rather than an attribute of the context within which the technology is applied [ 24 ].”
A Signaling Theory of Acquisition Premiums: Evidence from IPO Targets (2012, background): “Signaling theory research traces back to the contributions of Spence (1974) as well as other closely related work in information economics that has studied the implications of asymmetric information and “adverse selection” in various markets (e.g., Riley, 2001; Stiglitz, 2002).”
Information Cascades among Investors in Equity Crowdfunding (2015, neutral): “Indeed, as “different people know different things” (Stiglitz, 2002, p. 469), when making decisions with imperfect information, individuals tend to rely on the behavior of others.”