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A General Model of Information Sharing in Oligopoly

Author

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  • Michael A. Raith
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

  • Michael A. Raith, 1993. "A General Model of Information Sharing in Oligopoly," STICERD - Theoretical Economics Paper Series 260, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    • Handle: RePEc:cep:stitep:260
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    File URL: https://sticerd.lse.ac.uk/dps/te/te260.pdf
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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.

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