The Weird Economics of Information
Several months ago I ventured into the spooky economics of information with a post that suggested that data had an increasing marginal utility. A number of folks who know a whole lot more about economics than I do argue that it was not exactly an increasing marginal utility, but they acknowledged that there was something weird going on. Relying again on my naiveté, I thought I’d try another post on the weird economics of information. It is almost certain to be wrong. Hopefully it will be wrong in an interesting and useful way.




