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Analysis of Market Competition and Information Asymmetry on Selling Strategies

Xue, Weili - 2020

's selling strategy. In each scenario, we establish the equilibrium result and investigate how the competition and information …In this paper, we consider the seller's selling strategies in a supply chain consisting of one supplier and multiple … retailers, who compete in the same consumer market. The production lead time is relatively long compared to the selling season …

Persistent link: https://www.econbiz.de/10012856387

Dynamic Information Design : A Simple Problem on Optimal Sequential Information Disclosure

Farhadi, Farzaneh - 2020

We study a dynamic information design problem in a finite-horizon setting consisting of two strategic and long-term optimizing agents, namely a principal (he) and a detector (she). The principal observes the evolution of a Markov chain that has two states, one "good" and one "bad" absorbing...

Persistent link: https://www.econbiz.de/10012839440

Welfare Effects of Certification under Latent Adverse Selection

Creane, Anthony - 2019

Asymmetric information is a classic example of market failure that undermines the efficiency associated with perfectly competitive market outcomes: the “lemons” market. Credible certification, that substantiates unobservable characteristics of products that consumers value, is often...

Persistent link: https://www.econbiz.de/10012891082

Does Insider Trading Always Increase Financial Friction? A Model of Equity Market with Information Asymmetry

Jiang, Ying - 2017

This paper explores the interaction between insider trading and seasoned equity offering in the context of Myers and Majluf (1984). Private information conveyed through trading activities may mitigate information asymmetry and improve capital market efficiency. Moreover, an insider has less...

Persistent link: https://www.econbiz.de/10012946005

The Banks' Swansong : Banking and the Financial Markets Under Asymmetric Information

Yang, Jungu - 2018

Bank runs may serve to communicate information across agents, and thus enhance rather than thwart allocation efficiency by making the fundamentals determine the asset prices. Figuratively speaking, banks die (go bankrupt) singing a swan song (revealing hidden information). In this way bank runs...

Persistent link: https://www.econbiz.de/10012916727

Welfare effects of certification under latent adverse selection

Creane, Anthony; Jeitschko, Thomas D.; Sim, Kyoungbo - 2019

Asymmetric information is a classic example of market failure that undermines the efficiency associated with perfectly competitive market outcomes: the "lemons" market. Credible certification, that substantiates unobservable characteristics of products that consumers value, is often considered a...

Persistent link: https://www.econbiz.de/10011987160

Overconfidence, subjective perception, and pricing behavior

Pierpaolo, Benigno; Karantounias, Anastasios G. - 2017

We study the implications of overconfidence for price setting in a monopolistic competition setup with incomplete …

Persistent link: https://www.econbiz.de/10011771595

Asymmetric Information, Word-of-Mouth and Social Networks : From the Market for Lemons to Efficiency

Navarro, Noemí - 2006

I analyze a market where there is a homogeneous good, which quality is chosen, and therefore known, by a single producer. Consumers do not know the quality of the good but they use their acquaintances in order to obtain information about it. Information transmission exhibits decay and consumers...

Persistent link: https://www.econbiz.de/10014057278

Predatory Pricing and Information Aggregation in Markets with a Common Value

Arieli, Itai - 2016

We study a duopoly where the two price setting firms have symmetric information. The firms produce substitute goods with a state dependent common value. The information that is available to both firms about the unknown state of nature is also available to the consumers, who also have access to...

Persistent link: https://www.econbiz.de/10012985046

E-commerce, two-sided markets and info-mediation

Gaudeul, Alexandre (contributor); Jullien, Bruno (contributor) - 2005

Persistent link: https://www.econbiz.de/10003284500

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