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A Bayesian Model of Demand for Information About Product Quality

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  • Kihlstrom, Richard E

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  • Kihlstrom, Richard E, 1974. "A Bayesian Model of Demand for Information About Product Quality," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 15(1), pages 99-118, February.
  • Handle: RePEc:ier:iecrev:v:15:y:1974:i:1:p:99-118
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    Cited by:

    1. Anthony Heyes & Sandeep Kapur & Peter W. Kennedy & Steve Martin & John W. Maxwell, 2020. "But What Does It Mean? Competition between Products Carrying Alternative Green Labels When Consumers Are Active Acquirers of Information," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 7(2), pages 243-277.
    2. Kemp Murray C. & Van Long Ngo, 2009. "Extracting Resource Deposits of Unknown Size: Optimal Order," German Economic Review, De Gruyter, vol. 10(4), pages 401-421, December.
    3. Garcia, René, 1986. "La théorie économique de l’information : exposé synthétique de la littérature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 62(1), pages 88-109, mars.
    4. Keppo, Jussi & Moscarini, Giuseppe & Smith, Lones, 2008. "The demand for information: More heat than light," Journal of Economic Theory, Elsevier, vol. 138(1), pages 21-50, January.
    5. DeSarbo, Wayne S. & Choi, Jungwhan, 1998. "A latent structure double hurdle regression model for exploring heterogeneity in consumer search patterns," Journal of Econometrics, Elsevier, vol. 89(1-2), pages 423-455, November.
    6. Lindset, Snorre & Lund, Arne-Christian & Matsen, Egil, 2009. "Optimal information acquisition for a linear quadratic control problem," European Journal of Operational Research, Elsevier, vol. 199(2), pages 435-441, December.
    7. Gubins, Sergejs & Verhoef, Erik T. & de Graaff, Thomas, 2012. "Welfare effects of road pricing and traffic information under alternative ownership regimes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(8), pages 1304-1317.
    8. Jones, Eugene & Batte, Marvin T. & Schnitkey, Gary D., 1990. "A Socioeconomic Analysis Of Marketing Information Usage Among Ohio Fruit Producers," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(2), pages 1-9, December.
    9. Boyer, Marcel & Kihlstrom, Richard & Laffont, Jean-Jacques, 1979. "Le calcul économique de la publicité frauduleuse," L'Actualité Economique, Société Canadienne de Science Economique, vol. 55(1), pages 46-67, janvier.
    10. Yohan Pelosse, 2024. "Sequential Contest when the Precision of Observation is Endogenous," Working Papers 2024-02, Swansea University, School of Management.
    11. repec:dgr:uvatin:20100091 is not listed on IDEAS
    12. Carina Burs & Thomas Gries, 2022. "Decision-making under Imperfect Information with Bayesian Learning or Heuristic Rules," Working Papers CIE 149, Paderborn University, CIE Center for International Economics.
    13. Giannikos, Christos I., 2001. "A note on demand for information: the OCE preferences case," Economics Letters, Elsevier, vol. 71(3), pages 355-358, June.
    14. Dionne, Georges, 1980. "Analyse des effets de l’assurance et de la relation de confiance consommateur-producteur sur les possibilités d’abus des chirurgiens," L'Actualité Economique, Société Canadienne de Science Economique, vol. 56(2), pages 211-238, avril-jui.
    15. Mattsson, Lars-Göran & Voorneveld, Mark & Weibull, Jörgen W., 2004. "Better may be worse: Some monotonicity results and paradoxes in discrete choice," SSE/EFI Working Paper Series in Economics and Finance 558, Stockholm School of Economics, revised 13 Sep 2006.
    16. Perrin, Richard K. & Queiroz, Pedro & Silva, Felipe & Fulginiti, Lilyan E., 2018. "Ex-ante expected payoff from variable rate N application: an expected value of sample information (EVSI) approach," 2018 Annual Meeting, August 5-7, Washington, D.C. 274351, Agricultural and Applied Economics Association.
    17. Katsuya Takii, 2003. "Prediction Ability," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 80-98, January.
    18. repec:bla:germec:v:10:y:2009:i::p:401-421 is not listed on IDEAS
    19. Pope, Rulon D., 1985. "The Impact Of Information On Consumer Preferences," Research on Effectiveness of Agricultural Commodity Promotion, April 9-10, 1985, Arlington, Virginia 279489, Regional Research Projects > NECC-63: Research Committee on Commodity Promotion.
    20. Griffith, Garry R., 1978. "An Ex Ante Evaluation of the National Pig Carcase Measurement and Information Service," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(03), pages 1-22, December.
    21. Gertz, Christopher, 2016. "Quality Uncertainty with Imperfect Information Acquisition," Center for Mathematical Economics Working Papers 487, Center for Mathematical Economics, Bielefeld University.
    22. Jörgen Weibull & Lars-Göran Mattsson & Mark Voorneveld, 2007. "Better May be Worse: Some Monotonicity Results and Paradoxes in Discrete Choice Under Uncertainty," Theory and Decision, Springer, vol. 63(2), pages 121-151, September.
    23. Detemple, Jérôme B. & Kihlstrom, Richard E., 1987. "Acquisition d’information dans un modèle intertemporel en temps continu," L'Actualité Economique, Société Canadienne de Science Economique, vol. 63(2), pages 118-137, juin et s.
    24. Chade, Hector & Schlee, Edward, 2002. "Another Look at the Radner-Stiglitz Nonconcavity in the Value of Information," Journal of Economic Theory, Elsevier, vol. 107(2), pages 421-452, December.

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