This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Informational Economies of Scale

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Robert Wilson

Additional information is available for the following registered author(s):

Abstract

The theory of the firm under uncertainty is examined in the context of several examples which illustrate that opportunities to purchase technological information at some cost in resources may induce economies of scale even though the technology of physical production has no economies of scale. Better information justifies a higher scale of operations and vice versa. The two effects combined lead to an unbounded optimal scale of operations when information acquisition is adjusted optimally.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://links.jstor.org/sici?sici=0361-915X%28197521%296%3A1%3C184%3AIEOS%3E2.0.CO%3B2-E&origin=repec
File Format: application/pdf
File Function: full text
Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by The RAND Corporation in its journal Bell Journal of Economics.

Volume (Year): 6 (1975)
Issue (Month): 1 (Spring)
Pages: 184-195
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:rje:bellje:v:6:y:1975:i:spring:p:184-195

Contact details of provider:
Web page: http://www.rje.org

Order Information:
Web: http://gemini.econ.umd.edu/cgi-bin/rje_online.cgi

For technical questions regarding this item, or to correct its listing, contact: ().

Related research
Keywords:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Timothy G. Conley & Christopher R. Udry, 2005. "Learning about a new technology: pineapple in Ghana," Proceedings, Federal Reserve Bank of San Francisco. [Downloadable!]
    Other versions:
  2. Paul M. Romer, 1992. "Increasing Returns and New Developments in the Theory of Growth," NBER Working Papers 3098, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Jovanovic, B. & Nyarko, Y., 1996. "Learning by Doing and the Choice of Technology," Working Papers 96-25, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    Other versions:
  4. Mark Rosenzweig & Andrew D. Foster, . "Learning by Doing and Learning from Others: Human Capital and Technical Change in Agriculture," Home Pages _068, University of Pennsylvania. [Downloadable!]
    Other versions:
  5. Paul Romer, 1991. "Progrès techniques endogène," Annales d'Economie et de Statistique, ADRES, issue 22, pages 01, Avril-Jui. [Downloadable!]
  6. Matthew F. Mitchell, 2000. "The scale of production in technological revolutions," Staff Report 269, Federal Reserve Bank of Minneapolis. [Downloadable!]
  7. Seth Norton, 2004. "Information processing in the theory of the firm: the rise of General Motors," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 11(2), pages 123-140, July. [Downloadable!] (restricted)
  8. Jacek Cukrowski, 1998. "Information-processing, technological progress and regional retail networks dynamics," ERSA conference papers ersa98p71, European Regional Science Association. [Downloadable!]
  9. yamamura, eiji, 2008. "Dynamics of social trust and human capital in the learning process: The case of the Japan garment cluster in the period 1968-2005," MPRA Paper 10251, University Library of Munich, Germany. [Downloadable!]
  10. Ezra Einy & Diego Moreno & Benyamin Shitovitz, 2002. "The Value Of Public Information In A Cournot Duopoly," Economics Working Papers we024617, Universidad Carlos III, Departamento de Economía. [Downloadable!]
    Other versions:
  11. K Blackburn & N Bose, 2001. "A Model of Trickle Down Through Learning," Centre for Growth and Business Cycle Research Discussion Paper Series 06, Economics, The Univeristy of Manchester. [Downloadable!]
  12. Hector Chade & Edward E. Schlee, 2000. "Increasing Returns in the Value of Information," Econometric Society World Congress 2000 Contributed Papers 1715, Econometric Society. [Downloadable!]
  13. Paul M. Romer, 1989. "Human Capital And Growth: Theory and Evidence," NBER Working Papers 3173, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  14. Erik Brynjolfsson & Andrew McAfee & Michael Sorell & Feng Zhu, 2007. "Scale without mass: business process replication and industry dynamics," Proceedings, Federal Reserve Bank of San Francisco, issue Nov. [Downloadable!]
  15. Silvio Rendón, 2002. "Informational Matching," Economics Working Papers we022105, Universidad Carlos III, Departamento de Economía. [Downloadable!]
    Other versions:
  16. Robert Townsend, 1979. "Optimal contracts and competitive markets with costly state verification," Staff Report 45, Federal Reserve Bank of Minneapolis. [Downloadable!]
    Other versions:
  17. Jovanovic, B., 1993. "The Diversification of Production," Working Papers 93-11, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
Statistics
Access and download statistics

Did you know? Springer Verlag was the first commercial publisher to be listed on RePEc.

This page was last updated on 2009-11-13.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.