How does the sensitivity of prices to public information changes along a production chain? We examine this question in a setting where prices in a stage affect the cost of next stage firms and also contain information about the unobserved state of the economy. Our results depend on the...

We provide an empirical and theoretical assessment of the value of information sharing in a two-stage supply chain. The value of downstream sales information to the upstream firm stems from improving upstream order fulfillment forecast accuracy. Such an improvement can lead to lower safety stock...