См.: Sanford Grossman and J. E. Stiglitz, «Information and Competitive Price Systems»,American Economic Review 66, no. 2 (May 1976): 246–253; а также: Sanford Grossman and J. E. Stiglitz, «On the Impossibility of Informationally Efficient Markets», American Economic Review 70, no. 3 (June 1980): 393–408.