Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10003397528
Persistent link: https://www.econbiz.de/10003459370
We study the incentives of oligopolistic firms to share private information on demand parameters. Differently from previous studies, we consider bilateral sharing agreements, by which firms commit at the ex-ante stage to truthfully share information. We show that if signals are i.i.d., then...
Persistent link: https://www.econbiz.de/10012712704
How should an organization be designed in order to provide its members with minimal incentives to defect? And how does the optimal design depend on the type of strategic interaction between defectors and remaining organizational members? This paper addresses such issues in a game theoretic model...
Persistent link: https://www.econbiz.de/10014054348
We study the bilateral exchange of information in the context of linear quadratic games. An information structure is here represented by a non directed network, whose nodes are agents and whose links represent sharing agreements. We first study the equilibrium use of information in any given...
Persistent link: https://www.econbiz.de/10014157263
Persistent link: https://www.econbiz.de/10003912810
Persistent link: https://www.econbiz.de/10003877150
The trade-off between the costs and benefits of disclosing a firm's private information has been the object of a vast literature. The absence of incentives to share information on a common market demand prior to competition has been advocated to interpret information sharing as evidence of...
Persistent link: https://www.econbiz.de/10013171765
Persistent link: https://www.econbiz.de/10011646230
Persistent link: https://www.econbiz.de/10001546237