Information sharing with competition
AbstractThis paper studies the incentive to share information with competition. Information sharing has a positive aspect in that agents have better prediction. However, it also contains a negative aspect because it might increase the competition. We show that, when agents have independent information, there is a negative relationship between the accuracy of information and the competitive pressure in deciding whether or not to share information. However, this is not always true if the agents have correlated information.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 119 (2013)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/locate/ecolet
Information sharing; Competitive pressure; Job competition;
Find related papers by JEL classification:
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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