Question: The new arising externality is 'information externality.' The information obtained can benefit/harm economic agents or decision makers. Come up with real-life examples of information externality.

The new arising externality is 'information externality.' The information obtained can benefit/harm economic agents or decision makers. Come up with real-life examples of information externality. How does it affect resource allocations? Suggest solutions that can be opted by the public sector.

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