Public versus Private Information Provision

27 Pages Posted: 28 Nov 2012 Last revised: 14 Jul 2013

Date Written: July 14, 2013

Abstract

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.

Keywords: information, regulation, licensing

JEL Classification: D82, L51

Suggested Citation

Clements, Matthew T., Public versus Private Information Provision (July 14, 2013). Available at SSRN: https://ssrn.com/abstract=2180936 or http://dx.doi.org/10.2139/ssrn.2180936

Matthew T. Clements (Contact Author)

St. Edward's University ( email )

3001 South Congress Avenue
Austin, TX 78704
United States
(512) 428-1321 (Phone)

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