The digital age is upon us, and the explosion of electronically stored information on computers, gadgets that go by all sorts of odd names (cell phones, PDAs, smartphones), and social networking sites, can often constitute a treasure trove for plaintiffs and defendants alike. This article...

This paper studies the effects of information exchange and social networks on the performance of prediction markets with endogenous information acquisition. We provide a game-theoretic framework to resolve the question: Can social networks and information exchange promote the forecast efficiency...

Human smuggling is an imperfect and inconsistent service due to its illicit nature, which means that problems can arise for all those involved; for smugglers the problem is how to cultivate and communicate their reputation as a bona fide smuggler, and for migrants it is just difficult to know whom...

Information sharing becomes increasingly important in recent years as online platforms gather massive consumer information that is typically invisible by upstream manufacturers and competing sellers/retailers. We study an online platform’s demand information sharing strategy in a distribution...