Indirect information exchange
AbstractThe goal of this paper is to show that when agents can engage in second-hand trading of information, some agents may not be able to exchange their information with other agents. With three agents, such foreclosure is possible only when agents can refuse to exchange information. With four or more players, foreclosure is possible even when players cannot abstain from or refuse to trade, but it does not constitute a subgame perfect equilibrium. Players can avoid being foreclosed by choosing what to trade and with whom. The results can be applied to formal and informal information sharing, file sharing systems and peer-to-peer networks. Copyright Kluwer Academic Publishers 2004
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Bibliographic InfoArticle provided by Springer in its journal NETNOMICS: Economic Research and Electronic Networking.
Volume (Year): 6 (2004)
Issue (Month): 2 (October)
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Web page: http://www.springerlink.com/link.asp?id=102537
information exchange; information sharing; networks; peer-to-peer; reciprocity;
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- Schwartz, Michael & Hornych, Christoph, 2010. "Informal networking: An overview of the literature and an agenda for future research," Jena Contributions to Economic Research 2010,1, University of Applied Sciences Jena, Department of Business Administration.
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