Showing 1 - 10 of 59
We study the problem of information sharing in oligopoly, when sharing decisions are taken before the realization of private signals. Using the general model developed by Raith (1996), we show that if firms are allowed to make bilateral exclusive sharing agreements, then some degree of...
Persistent link: https://www.econbiz.de/10005057151
information. We show that if signals are i.i.d., then pairwise stable networks of sharing agreements are either empty or made of …
Persistent link: https://www.econbiz.de/10010293393
We study the problem of information sharing in oligopoly, when sharing decisions are taken before the realization of private signals. Using the general model developed by Raith (1996), we show that if firms are allowed to make bilateral exclusive sharing agreements, then some degree of...
Persistent link: https://www.econbiz.de/10010293423
This paper studies an evolutionary model of network formation with endogenous decay, in which agents benefit both from direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that determines the level of decay of each link. We address...
Persistent link: https://www.econbiz.de/10010294802
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the non-equilibrium efficient …
Persistent link: https://www.econbiz.de/10012052765
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the nonequilibrium efficient …
Persistent link: https://www.econbiz.de/10012059077
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the nonequilibrium efficient …
Persistent link: https://www.econbiz.de/10012110580
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/10013200157
stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks …
Persistent link: https://www.econbiz.de/10010313224
stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks …
Persistent link: https://www.econbiz.de/10009756291