While there have been vast discussion on the materialistic benefits of continuous improvement from the Toyota and Honda experiences, the academic literature pays little attention to information sharing. In this paper, we construct a dynamic adverse selection model in which the supplier privately...

This paper studies an outsourcing problem where two service providers (suppliers) compete for the service contract from a client. The suppliers face uncertain cost for providing the service because they do not have perfect information about the client's type. The suppliers receive differential...

It is common for firms to systematically share financial and productivity data with their input suppliers, as well as their rivals. However, there has been a systematic change in the US policy towards vertical relationships in the past decades: both FTC inaction and courts rulings have curtailed...