We consider a setting in which two potential merger partners each possess private information pertaining both to the … profitability of the merged entity and to stand-alone profits, and we investigate the extent to which this private information makes …

experiments. Variations studied include the presence or absence of market information, the use of re-matching or fixed seller …

We study the effect of more information of firms about consumers' preferences on collusion sustainability within a … differentiated Hotelling duopoly. We show that the increase of information may increase or decrease collusion sustainability …, depending on the type of information involved (shared information or unshared information), on the characteristics of the …

strongly to predictable marginal cost changes, as expected from the Mankiw and Reis (2002) Sticky Information Model. We �nd …

This paper analyzes optimal pricing for information goods under incomplete information, when both unlimited … implies that the optimal pricing strategy for information goods is almost never fully revealing. Moreover, it is proved that … instance, in nascent information markets, firms may profit from low fixed-fee penetration pricing, but as these markets mature …

We study an experimental market in which the structure of the information flows is endogenized. When making an offer …