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We study information dissemination in an online platform where multiple sellers distribute their partially substitutable products. The platform has superior information about consumer demand and determines whether, and with how many sellers, to share the information. An important feature of our...
Persistent link: https://www.econbiz.de/10014087988
A corporation’s offshore outsourcing may be seen as the result of a discrete, strategic decision taken in response to an increasing pressure from worldwide competition. However, empirical evidence of a representative cross-sector sample of international Danish firms indicates that offshore...
Persistent link: https://www.econbiz.de/10005839218
market frontier, take stock of relative competitive positions and form future plans. Such events exhibit many of the …
Persistent link: https://www.econbiz.de/10005839236
We propose a stylized model of a problem-solving organization whose internal communication structure is given by a fixed network. Problems arrive randomly anywhere in this network and must find their way to their respective “specialized solvers” by relying on local information alone. The...
Persistent link: https://www.econbiz.de/10005772236
Abstract: In the dynamic game we analyze, players are the members of a ?xed network. Everyone is initially endowed with an information item that he is the only player to hold. Players are offered a ?nite number of periods to centralize the initially dispersed items in the hands of any one member...
Persistent link: https://www.econbiz.de/10008543765
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008467316
better one of two alternatives only with a certain probability. This Paper compares three different hierarchy designs with … respect to decision quality: two strictly balanced hierarchies and the fastest hierarchy, which is the skip-level reporting … tree proposed by Radner (1993). The latter hierarchy design is found to outperform the two others not only in terms of …
Persistent link: https://www.econbiz.de/10005123798
Labour productivity in the US has recently grown more strongly than in most European countries. It is often argued that the American productivity increase is due to the widespread introduction of new information and communication technologies (ICT). But why have the same technologies not...
Persistent link: https://www.econbiz.de/10005124167
selection and production of information can be biased by specific competition dynamics in information market or in advertising …
Persistent link: https://www.econbiz.de/10005007226
In the dynamic game we consider, players are the members of a fixed network. Everyone is initially endowed with an information item that he is the only paper to hold. Players are offered a finite number of periods to centralize the initially dispersed items in the hands of any one member of the...
Persistent link: https://www.econbiz.de/10005012515