``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information … sufficient information by itself, making communication with others relatively unattractive. Asymptotic learning results either if …We develop a model of information exchange through communication and investigate its implications for information …

The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini …

unawareness, which significantly differ from those in the standard information partition model by allowing for false interactive …

Problem Definition: This paper studies the information-sharing strategy for a retail platform on which multiple … years, information sharing has become an increasingly important issue because retail platforms can gather enormous consumer … information that may not be visible to the sellers. Understanding how to share such information with those sellers will provide …

efficiency-enhancing knowledge diffusion, which can be exploited by local firms to extract relevant information on consumer … exploit the new information and increase the overall efficiency level of the local economy. More specifically, we examine …

This paper analyzes the welfare effects of private and unilateral disclosure of sensitive information in a sequential … about the buyer's willingness to pay and optimize her pricing strategy. The welfare effects caused by this information … him if an acceptance is revealed. Additionally, the information exchange improves the societal welfare by reducing …

transformation of learning environments. Its more or less formalized features reveal the difficulty of the transmission due to the … specific approach that mobilizes a collective learning action. …