Indirect information exchange
The 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
Volume (Year): 6 (2004)
Issue (Month): 2 (October)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/economic+theory/journal/11066/PS2|
When requesting a correction, please mention this item's handle: RePEc:kap:netnom:v:6:y:2004:i:2:p:119-151. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.