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Public versus Private Information Provision

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  • Matthew T. Clements

Abstract

type="main" xml:id="ecpa12087-abs-0001"> When is it better for the government to provide information, and when is this role better left to the market? I present a simple framework for evaluating this question, where the key factors are the cost of errors based on imperfect information and whether information is eventually revealed to consumers. I then apply the framework to examples.

Suggested Citation

  • Matthew T. Clements, 2014. "Public versus Private Information Provision," Economic Papers, The Economic Society of Australia, vol. 33(4), pages 391-399, December.
    • Handle: RePEc:bla:econpa:v:33:y:2014:i:4:p:391-399
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    File URL: http://hdl.handle.net/10.1111/ecpa.2015.33.issue-4
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