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The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini …
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unawareness, which significantly differ from those in the standard information partition model by allowing for false interactive …
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Awareness structures by Fagin and Halpern (1988) (FH) feature a syntactic awareness correspondence and accessibility relations modeling implicit knowledge. They are a flexible model of unawareness, and best interpreted from a outside modeler's perspective. Unawareness structures by Heifetz,...
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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 …
Persistent link: https://www.econbiz.de/10014260458
In a duopoly model of informed speculation, I show that competing traders share information when they disagree enough …. Traders can lose competitive rents by sharing private information, but with sufficient disagreement, they can engage in … so that competitors make large opposing trades. When information is verifiable, truthful disclosure emerges due to an …
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Purpose – The purpose of this paper is to investigate how universities' learning behavior (explorative or exploitative … knowledge, and thus to act as knowledge gatekeepers.Design/methodology/approach – The research methodology is based on the … revealed that the universities' knowledge mobility is positively affected by both the explorative learning behavior and the …
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neighbors are mutually independent. We introduce a new metric of information diffusion in social learning, which is weaker than …We study perfect Bayesian equilibria of a sequential social learning model in which agents in a network learn about an … independent, information always diffuses. Diffusion can fail in a well-connected network if neighborhoods are correlated. We show …
Persistent link: https://www.econbiz.de/10011673206
``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 …
Persistent link: https://www.econbiz.de/10011684965