Answer: It lowers the cost of information to the point where markets spontaneously grow.
The authors suggest another force is also reducing migration: the plummeting cost of information.
The information economy is characterized by low to zero marginal cost of information once the fixed cost has been incurred.
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Over the last 50 years the cost of information has been dramatically reduced and at the heart of it is the semiconductor.
The single European currency, the cost of information technology and more demanding customers all mean that the co-op banks must compete harder.
For one thing, they typically charge a simple subscription fee per user, making the cost of information technology easier to see and manage.
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.
Over the last few years I have read a lot of economic and monetary history and assert that ALL periods of rapid economic expansion are driven by two fundamental processes: Reducing the cost of doing work and reducing the cost of information.
In other words, you can think of a city as a technology for lowering the costs of face-to-face interaction in precisely the same way that the Internet is a technology for lowering the cost of exchanging information.
We do provide the information about the cost of tickets, host information like that.
Somebody else, somebody apparently ignorant of this cost-of-sale information, was buying a lot of JVA stock between August 22 and August 30.
The reason is that reducing the cost of work or information has leveraged impact through the entire economy.
The trade-off for the societal cost of this lost information should be the deterrent effect from criminal prosecutions.
The chief of Kynikos Associates warned that the video game retailer is in a business being destroyed by digital distribution as the cost of transmitting and storing bits of information heads toward zero.
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New Zealand and Australia require publication of detailed information on the cost of tapping operations, the categories of crime involved and statistics on its effectiveness.
"DFID needs to do more and to take a tougher, clearer stance on the importance of cost and service performance information, and in particular indicators of education delivery and attainment if it is to make sure its contributions achieve the maximum good effect, " he said.
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The added cost of these systems provides information that is completely redundant with my speedometer.
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That is, the benefit to the capital market of improved financial information must be weighed against the cost of any changes in economic behavior induced by new accounting rules.
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EGCs and underwriters view the benefit of additional information as outweighing the cost, as it allows more thorough discussion and analysis of trends and uncertainties, as well as more meaningful due diligence to make sure the disclosure overall is fair and accurate.
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One uncontroversial idea is to encourage doctors and hospitals to provide more information on the cost of treatment.
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The company had no information about the cost of data plans.
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Earlier this week, a Socialist MP made a written request to the transport secretary to obtain more information on the cost of the new plane. which was ordered two years ago.
With the plummeting cost of storing and transmitting data, sharing information has become much more practical.
When they do, the results can cost weeks of lost productivity, reveal private information and sometimes wipe out a business altogether.
Brokers and others will now have to report information on the cost basis of securities to investors and the IRS, in some cases as soon as Jan. 1, 2011.
And that's why we've been working so hard on designing an easy-to-use form that standardizes this information and makes the true cost of higher education much more transparent.
Ms Wilding said that Cardiff Met's board had requested more information about the cost and risks of the proposal from Mr Andrews in October last year but had not received a response.
Deterred by misperceptions, lack of information, logistics hurdles or cost concerns, less than five percent of cancer patients today join clinical trials in the U.S. denying potential health improvements to them and scientific insights to researchers.
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In a marketplace that has become exponentially competitive, in which there has been an erosion of key American values, and in which keeping up with the ongoing revolution in information technology is a mere cost of entry, building brands is, well, to put it mildly, a challenge.
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According to the financial information service Moneyfacts, the average cost of a two-year fixed-rate loan, for someone with a 25% deposit, is currently 4.28%.
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