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We study how buyer power affects producers' incentives to share information with retailers. Adopting the Bayesian persuasion framework, we show that full information disclosure is optimal only when buyer power is sufficiently low. Using the presence of retail price recommendations as the proxy...
Persistent link: https://www.econbiz.de/10012852743
taking an (irreversible) action. We define \textit{asymptotic learning} as the fraction of agents taking the correct action … converging to one as a society grows large. Under truthful communication, we show that asymptotic learning occurs if (and under … ``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information …
Persistent link: https://www.econbiz.de/10011684965
This paper is concerned with confidentiality of vertical information sharing in a supply chain consisting of one manufacturer in the upstream and two or more retailers in the downstream engaging in a Bertrand competition. Each retailer has some private information about the uncertain demand and...
Persistent link: https://www.econbiz.de/10014028169
. Furthermore, KM is dependent on other organizational resources and processes. Organizational learning and competitive strategy … of knowledge management practices and organizational learning. Although in theory, they are distinct, the results of this … study lead us to conclude that they may overlap in practice. In the conclusion, we recommend a learning-oriented knowledge …
Persistent link: https://www.econbiz.de/10013152655
The knowledge from external sources has been recognized as critical for improving the capabilities of small and medium enterprises (SMEs) to be competitive on the global market. The aim of this paper is to explore main factors which affect SMEs' choice of a dominant source for acquiring...
Persistent link: https://www.econbiz.de/10012035520
We analyze the sustainability of a conversation when one agent might be endowed with a piece of private information that affects the payoff distribution to its benefit. Such a secret can compromise the sustainability of conversation. Even without an obligation, the secret holder will disclose...
Persistent link: https://www.econbiz.de/10012982221
Prevailing views about what constitutes organisational knowledge need to be systematically evaluated at deep epistemological levels. We argue there is a need is to establish a new paradigm comprising of both a theoretical and an ontological foundation for thinking about knowledge epistemologies....
Persistent link: https://www.econbiz.de/10014184977
Recent studies of knowledge production have increasingly recognized the role of codified knowledge in the operation of social organizations. Much of the knowledge resident in organizations exists as tacit knowledge, that is, as knowledge that goes unrecorded. Typically such knowledge is carried...
Persistent link: https://www.econbiz.de/10014217537
Organizations need to build and use knowledge to remain viable in the face of competition and change. Due to the limits of organization and the bounded rationality of individuals working within the organizations it is impossible to make all of the required knowledge accessible in explicit and...
Persistent link: https://www.econbiz.de/10014186038
Knowledge-based communities are important but poorly understood systems for helping enterprises maintain their organizational integrity and address organizational imperatives. Based on an autopoietic theory of organization, we examine the emergence and development of knowledge-based communities...
Persistent link: https://www.econbiz.de/10014044033