The phrase "information friction" is correct and can be used in written English.
It refers to the obstacles or difficulties that arise when trying to gather, access, or share information. You can use "information friction" in a sentence like this: "The lack of a centralized database created information friction within the company, causing delays in decision-making and project completion." This example shows how the phrase can be used to describe a problem caused by difficulties in obtaining and sharing necessary information.
Much information is either disaggregated online or somewhat inaccessible, and organized groups, with resources and incentives to control this information, use information flooding and information friction as methods of controlling the cost of information for consumers.
Employers could exploit this information friction, having more bargaining power that would allow them to offer lower wages.
Theoretically, it is argued these differentials may exist because of incomplete information, friction or search costs and market power of individuals and firms.
Some forms of exchange that were simply infeasible due to coordination or information frictions (centralized kidney exchange, vehicle sharing) are suddenly available and important.
When one good has higher information frictions than another, decreasing those frictions increases production of that good along the extensive and intensive margins, and with specialization constraints production of the other good will decrease.
Koichiro Ito (University of Chicago) presented a paper co-authored by Takanori Ida (Kyoto University) and Makoto Tanaka (GRIPS) entitled "Information Frictions, Switching Costs, and Selection on Elasticity: A Field Experiment on Electricity Tariff Choice". Karen Eggleston (Stanford) and Hitoshi Shigeoka Simon Fraser Universityy) were the discussants.
Understanding the extent and influence of information frictions on individual investors' trading decisions is of interest not only to researchers and investors, but also to regulators as they work to develop effective investor protections.
Second, we ask whether the complexity of the DI system and information frictions precluded beneficiaries from understanding the incentives.
Different sources of heterogeneity among sellers as well as information frictions explain much of the price dispersion observed in many markets (Lach 2002; Baye et al. 2006).
The third part is focused on microstructure refinement and the last part provide information about friction stir alloying as well as friction stir processing with ultrasonic vibration.
Part of the incentive they created, of course, is that constantly linking out and away from the site for information creates friction and an opportunity for others to draft behind Twitter's massive scale to create different, more focused experiences.
