| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16459 |
| DP16459 Information Markets and Nonmarkets | |
| Dirk Bergemann; Marco Ottaviani | |
| 发表日期 | 2021-08-16 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | As large amounts of data become available and can be communicated more easily and processed more effectively, information has come to play a central role for economic activity and welfare in our age. This essay overviews contributions to the industrial organization of information markets and nonmarkets, while attempting to maintain a balance between foundational frameworks and more recent developments. We start by reviewing mechanism-design approaches to modeling the trade of information. We then cover ratings, predictions, and recommender systems. We turn to forecasting contests, prediction markets, and other institutions designed for collecting and aggregating information from decentralized participants. Finally, we discuss science as a prototypical information nonmarket with participants who interact in a non-anonymous way to produce and disseminate information. We aim to make the reader familiar with the central notions and insights in this burgeoning literature and also point to some open critical questions that future research will have to address. |
| 主题 | Industrial Organization ; Organizational Economics |
| 关键词 | Information Data Data intermediaries Information markets Information nonmarkets Science |
| URL | https://cepr.org/publications/dp16459 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545417 |
| 推荐引用方式 GB/T 7714 | Dirk Bergemann,Marco Ottaviani. DP16459 Information Markets and Nonmarkets. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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