TY - BOOK AU - Thomas, S.Y. Ho AU - Michaely, Roni ED - Salomon Brothers Center for the Study of Financial Institutions TI - Information quality and market efficiency U1 - 332.63222 PY - 1986/// CY - New York PB - Salomon Brothers Center for the Study of Financial Institutions KW - Stocks--Prices KW - Information theory in economics N1 - Working Paper Series: Number 403; Incudes bibliographical references N2 - The paper analyzes the optimal individual behavior in acquiring information and determines the amount of information incorporated in a stock at equilibrium in the presence of a cost schedule in acquiring information ER -