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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
Persistent link: https://www.econbiz.de/10010334988
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … results that relate situations of positive externalities with stable networks that cannot be 'too dense' in a well …
Persistent link: https://www.econbiz.de/10010272547
and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity … own links and strategic complements, a local uniqueness property of pairwise stable networks is derived. The results do …
Persistent link: https://www.econbiz.de/10010272600
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … general results that relate situations of positive externalities with stable networks that cannot be too dense in a well …
Persistent link: https://www.econbiz.de/10010279423
international trade between the different countries, depending on the types of networks formed. We present possible applications of …
Persistent link: https://www.econbiz.de/10014533131
among sellers. In dense networks, competition limits the scope of indirect appropriability and intellectual property rights …
Persistent link: https://www.econbiz.de/10013189086
This paper studies Finnish firms and especially it's boardroom network and the effects that it has on financial actions. Compared with earlier studies, this study also takes into consideration both firms that are not connected and uses them as a natural comparison, as well as principal component...
Persistent link: https://www.econbiz.de/10012503064
among sellers. In dense networks, competition limits the scope of indirect appropriability and intellectual property rights …
Persistent link: https://www.econbiz.de/10012806313
Abstract I model dynamic product design along price and non-price dimensions by a firm in a market with positive network externalities between consumers. In the case of a usage fee, I provide conditions under which the steady state (SS) is unique and show that the introductory price is negative...
Persistent link: https://www.econbiz.de/10010934839