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Title: On the value of information sharing and cooperative price setting
Authors: Jiang, L 
Hao, Z
Keywords: Information sharing
Nash bargaining
Price competition
Issue Date: 2014
Publisher: North-Holland
Source: Operations research letters, 2014, v. 42, no. 42191, p. 399-403 How to cite?
Journal: Operations research letters 
Abstract: We consider a setting of two firms that sell substitutable products under price competition. We show that private signals enable firms to improve market forecast and earn higher profits. Provided that their private signals are not perfectly correlated, firms can benefit from sharing signals with each other. This is irrespective of product substitutability. Moreover, information sharing is a strategic complement to cooperative price setting to improve the profit performance of firms.
ISSN: 0167-6377
EISSN: 1872-7468
DOI: 10.1016/j.orl.2014.07.002
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