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Targeted vs. collective information sharing in networks
Kushnir, Alexey; Nichifor, Alexandru - 2014 - This version: April 4, 2014
We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and between targeted and collective information sharing....
Persistent link: https://www.econbiz.de/10010360337
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Collaborating
Bonatti, Alessandro - 2009
This paper examines moral hazard in teams over time. Agents are collectively engaged in an uncertain project, and their individual efforts are unobserved. Free-riding leads not only to a reduction in effort, but also to procrastination. The collaboration dwindles over time, but never ceases as...
Persistent link: https://www.econbiz.de/10013160241
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Information Sharing in Duopoly Revisited
Chen, Xinquan - 2017
This paper has investigated the asymmetric policies of information sharing in duopoly. We built on the classic model of Gal-Or (1985), extended to allow different precisions of firms' private information, as Gal-Or (1985) suggested in her conclusion. We find that asymmetric equilibria will...
Persistent link: https://www.econbiz.de/10012964944
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Information diffusion in networks through social learning
Lobel, Ilan; Sadler, Evan - In: Theoretical economics : TE ; an open access journal in … 10 (2015) 3, pp. 807-851
We study perfect Bayesian equilibria of a sequential social learning model in which agents in a network learn about an … neighbors are mutually independent. We introduce a new metric of information diffusion in social learning, which is weaker than …
Persistent link: https://www.econbiz.de/10011673206
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Dynamics of information exchange in endogenous social networks
Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 1, pp. 41-97
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
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Demand Side Absorptive Capacity in Sports Innovation
Almudi, Isabel - 2017
We propose a stylized and tractable Neo-Schumpeterian model of sectorial transformations in which demand side knowledge constraints inhibit innovation diffusion and industrial change, causing structural instability. Evolutionary competition in the model implies that innovation can overshoot the...
Persistent link: https://www.econbiz.de/10012954599
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Developing Shared Knowledge in Growing Firms
Li, Hongyi - 2016
I develop a theory of knowledge sharing in organizations where coordinated activity requires shared knowledge, and knowledge sharing is local and costly. Because knowledge sharing is local, knowledge diffuses gradually across an organization. Because knowledge sharing is costly, diffusion may...
Persistent link: https://www.econbiz.de/10014037548
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Exchange of private demand information by simultaneous signaling
Stadler, Manfred - 2011
As is well-known from the literature on oligopolistic competition with incomplete information, firms have an incentive to share private demand information. However, by assuming verifiability of demand data, these models ignore the possibility of strategic misinformation. We show that if firms...
Persistent link: https://www.econbiz.de/10009233353
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Open Innovation in a dynamic Cournot duopoly
Hasnas, Irina; Lambertini, Luca; Palestini, Arsen - 2011
We analyze an Open Innovation process in a Cournot duopoly using a differential game approach where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady states, allowing for an asymmetric solution where a firm may trade off the R&D investment...
Persistent link: https://www.econbiz.de/10011737203