“Markets for Information: An Introduction,” article by Dirk Bergemann and Alessandro Bonatti in Annual Review of Economics (2019)
In this article, Dirk Bergemann and Alessandro Bonatti survey a recent and growing literature on markets for information. The authors offer a comprehensive view of information markets through an integrated model of consumers, information intermediaries, and firms. The model embeds a large set of applications ranging from sponsored search advertising to credit scores to information sharing among competitors. They then zoom in to one of the critical elements in the markets for information: the design of the information.