Firms' diverse market beliefs can facilitate information sharing and improve profit performance

DOI10.1002/NAV.22165MaRDI QIDQ6537203zbMATH OpenFDO

Authors Li Jiang, Zhongyuan Hao

Publication date 14 May 2024

Published in Naval Research Logistics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1002/NAV.22165

zbMATH Keywords

diverse market beliefforecast updatingincentiveinformation sharing

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Transportation, logistics and supply chain management (90B06)

Recommendations

• Firms can benefit from inaccurate market beliefs
• Strategic information flow under the influence of industry structure
• On the value of information sharing and cooperative price setting
• Should firms conceal information when dealing with common suppliers?

Cites work

• A supplier's optimal quantity discount policy under asymmetric information
• Confidentiality and information sharing in supply chain coordination
• Contracting and Information Sharing Under Supply Chain Competition
• Contracting to assure supply: how to share demand forecasts in a supply chain
• Designing supply contracts: contract type and information asymmetry
• Information sharing in a supply chain with horizontal competition
• Overconfidence by Bayesian-rational agents
• Stochastic Inventory Systems in a Supply Chain with Asymmetric Information: Cycle Stocks, Safety Stocks, and Consignment Stock

Cited in

(1)

• Is transparency good in a supply chain? The downside of information acquisition transparency

This page was built for publication: Firms' diverse market beliefs can facilitate information sharing and improve profit performance

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6537203)