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1、SomeFallaciesintheInterpretationofInformationCostsYoramBarzelJournalofLawandEconomics,Vol.20,No.2.(Oct.,1977),pp.291-307.StableURL:http://links.jstor.org/sici?sici=0022-2186%28197710%2920%3A2%3C291%3ASFITIO%3E2.0.CO%3B2-SJournalofLawandEconomicsiscurr
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5、oleadingacademicjournalsandscholarlyliteraturefromaroundtheworld.TheArchiveissupportedbylibraries,scholarlysocieties,publishers,andfoundations.ItisaninitiativeofJSTOR,anot-for-profitorganizationwithamissiontohelpthescholarlycommunitytakeadvantageofadv
6、ancesintechnology.FormoreinformationregardingJSTOR,pleasecontactsupport@jstor.org.http://www.jstor.orgWedNov2820:54:112007SOMEFALLACIESINTHEINTERPRETATIONOFINFORMATIONCOSTS*YORAMBARZELlinivevsityofWashingtonItisprobablethatalleffortstoproveacontinuedb
7、iasintheworkingofcompetitionassuch,...aredoomedtofailure.'INrecentyears,oneoftheareassingledoutashavingthepotentialforwastefulbehavioristhatofinformation.Itisclaimedthatexpendituresoncertainkindsofinformationwillyieldnegativesocialvalue.Intheirmaximiz
8、ingbehavior,peopleseekandusediscoveredoppor-tunities,whetherornottheyare"sociallydesirable."Forinstance,stealingispracticed.Notsurprisingly,greatmoralpressureandresourcesareusedtorestrainthieves.Onecannotexpectindividuals,however,torefrainfrom
