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A general model of information sharing in oligopoly

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  • Raith, Michael A.

Abstract

Under which circumstances do oligopolists have an incentive to share private information about a stochastic demand or stochastic costs? We present a general model which includes virtually all models of the existing literature on information sharing as special cases. The analysis reveals that in contrast to the apparent inconclusivenss of previous results some simple principles determining the incentives to share information can be obtained. Most existing results are generalized and some interpretations are corrected, leading to a single general theory of the topic.

Suggested Citation

  • Raith, Michael A., 1993. "A general model of information sharing in oligopoly," LSE Research Online Documents on Economics 19370, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:19370
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    File URL: http://eprints.lse.ac.uk/19370/
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    Cited by:

    1. Diego A. Martinez & Felipe Feijoo & Jose L. Zayas-Castro & Scott Levin & Tapas K. Das, 2018. "A strategic gaming model for health information exchange markets," Health Care Management Science, Springer, vol. 21(1), pages 119-130, March.
    2. R. Bernardini Papalia & S. Bertarelli, 1998. "An Optimal Partnership Search Model: Theoretical Implications for the Europartenariat Event," Working Papers 310, Dipartimento Scienze Economiche, Universita' di Bologna.

    More about this item

    Keywords

    Oligopoly; information sharing; stochastic demand; stochastic costs;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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