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THE DIGITAL PROVIDE: INFORMATION (TECHNOLOGY), MARKET PERFORMANCE AND WELFARE IN THE SOUTH INDIAN FISHERIES SECTOR
When information is limited or costly, agents are unable to engage in optimal arbitrage. Excess price dispersion across markets can arise and goods may not be allocated efficiently; in this setting, information technologies may improve market performance and increase welfare. Between 1997 and 2001,...
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| Format: | Printed Book |
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THE QUARTERLY JOURNAL OF ECONOMICS Vol. CXXII August 2007 Issue 3
2007
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| Online Access: | http://10.26.1.76/ks/002337.pdf |