The Role of Information in the Rosen-Roback Framework
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In this paper, we study the role of information in non-market valuation. We develop a variant of the Rosen-Roback model of inter-urban sorting that incorporates public access to information about air quality, and demonstrate that information constraints create a wedge between the revealed and true
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美国国家经济研究局创建时间：
2021-06-01
