Your English writing platform
Discover LudwigSuggestions(5)
Exact(49)
Using the inverse relationship between cost of information and number of informed traders, we study whether traders can properly determine the value of the information under enriched and impoverished environments.
We find that traders in an impoverished environment pay too much for information and, once informed, they do not transact enough to recover the cost of information acquisition.
Total cost of information 62 cents.
Today the cost of information and communication is nearly negligible.
In publishing, for example, the cost of information is falling while sources multiply.
Facilitating the establishment of standards resolves uncertainty and reduces the cost of information.
Similar(11)
The Web, with its near-zero cost-of-information transfer, promised such magic to any business that got its nose out in front of its competitors.
They should bear in mind, though, that advances in technology have reduced the cost of information-based solutions.
For example, the informal sector lowers the costs of information, searching, and monitoring for immigrants.
That's why the costs of information hoarding are becoming untenable.
Sartori, P., Granger, L., Lee, C. F. & Horowitz, J. M. Thermodynamic costs of information processing in sensory adaptation.
More suggestions(18)
amount of information
burden of information
maintenance of information
expense of information
prices of information
cost of confusion
cost of inaction
cost of distribution
cost of innovation
cost of credit
cost of exclusivity
cost of college
cost of democracy
cost of visit
cost of living
cost of security
cost of cleaning
cost of carbon
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com