Exchange of Private Demand Information by Simultaneous Signaling

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dc.contributor.author Stadler, Manfred de_DE
dc.date.accessioned 2011-07-26 de_DE
dc.date.accessioned 2014-03-18T10:03:46Z
dc.date.available 2011-07-26 de_DE
dc.date.available 2014-03-18T10:03:46Z
dc.date.issued 2011 de_DE
dc.identifier.other 347806023 de_DE
dc.identifier.uri http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-57395 de_DE
dc.identifier.uri http://hdl.handle.net/10900/47867
dc.description.abstract As is well-known from the literature on oligopolistic competition with incomplete information, firms have an incentive to share private demand information. However, by assuming verifiability of demand data, these models ignore the possibility of strategic misinformation. We show that if firms can send misleading demand information, they will do so. Furthermore, we derive a costly signaling mechanism implementing demand revelation, even without verifiability. For the case of a gamma distribution of the firms’ demand variables, we prove that the expected gross gains from information revelation exceed the expected cost of signaling if the skewness of the distribution is sufficiently large and the products are sufficiently differentiated. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de de_DE
dc.rights.uri http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en en
dc.subject.classification Informationsaustausch de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Information sharing , Simultaneous signaling , Demand uncertainty en
dc.title Exchange of Private Demand Information by Simultaneous Signaling en
dc.type WorkingPaper de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE
utue.opus.id 5739 de_DE
utue.publikation.source University of Tübingen Working Papers in Economics and Finance ; 17 de_DE

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