Eisenstat, Eric
November 2009
International Conference on Economics & Administration Proceedin;Nov2009, p235
Conference Proceeding
This paper develops a simple model to analyze the behavior of duopolist firms learning about their own demand by observing the pricing decisions of better-informed firms. This learning is accomplished through Bayesian updating. Consequently, a simple model is constructed in which firms choose prices with mixed strategies in equilibrium. This result allows for non-trivial learning on the part of the less-informed firms and possible deception by the better-informed firms.


Related Articles

  • Do Knowledge Characteristics Matter? A Test of the Relationship Between Knowledge Characteristics and Performance. Ziye Li; Hao Shen; Youmin Xi // SAM Advanced Management Journal (07497075);Spring2010, Vol. 75 Issue 2, p38 

    The article discusses the importance of the role of knowledge on the performance of firms. It cites that knowledge transfer depends on the capability of the firm to perform the functions and make an efficient knowledge management with the use of knowledge assets. It states the two knowledge...

  • Joint Measurement Knowledge Base Is Needed. Kelner, Eric // Pipeline & Gas Journal;May2008, Vol. 235 Issue 5, p42 

    The article focuses on the significance of knowledge capture and management within an organization. The author explains that when capturing knowledge, organizations should know which skills and knowledge are leaving, and whether they can be documented or can be gained through experience only....

  • ORGANIZATIONAL LEARNING AND KNOWLEDGE MANAGEMENT. Mirela, Chivu Iulia; Aurelia, Stanescu; Madlena, Nen // Annals of the University of Oradea, Economic Science Series;2008, Vol. 17 Issue 4, p160 

    Although at first the terms organizational learning and the learning organization were interchangeable, slowly the two concepts separated into two streams at the beginning of the 90s. The learning organization is at this point the prescriptive stream, oriented towards practice. This perspective...

  • The Limits of Business Intelligence: An Organizational Learning Approach. Kurtyka, Jerry // DM Review;Jun2003, Vol. 13 Issue 6, p36 

    Examines the theoretical limits of business intelligence technology as an aid to the process of organizational learning. Limits of business intelligence design; Discussion of business intelligence and organizational learning; Structure of organizational knowledge.

  • IMPLEMENTING BUSINESS INTELLIGENCE SYSTEMS: An Organizational Learning Approach. Kurtyka, Jerry // DM Review;Nov2003, Vol. 13 Issue 11, p42 

    Deals with the implementation of business intelligence (BI) systems. Information on an organizational learning approach; Levels of organizational learning; Impact of learning modes for BI designers; Framework for implementing BI change.

  • MANAGING ORGANIZATIONAL KNOWLEDGE WHILE DOWNSIZING ORGANIZATIONS. Petkovic, Mirjana; Miric, Ana Aleksic // Tourism & Hospitality Management;Dec2009, Vol. 15 Issue 2, p257 

    In this paper we investigate potential influence of organizational downsizing on organizational knowledge and learning. We discuss organizational downsizing in order to show that in large it is an issue of organizational design, and as such, managerial activity that must be coordinated with...

  • Are You Sharing Global Information? GOODMAN, NEAL // Chief Learning Officer;May2013, Vol. 12 Issue 5, p38 

    The article discusses knowledge management practices for international business enterprises in order to increase global intelligence and cultural awareness. Topics include information sharing across global organizations, the role of chief learning officers in globalization, and the need for...

  • Accessing remote knowledge—the roles of trade fairs, pipelines, crowdsourcing and listening posts. Maskell, Peter // Journal of Economic Geography;Sep2014, Vol. 14 Issue 5, p883 

    Work on clusters during the last few decades convincingly demonstrates enhanced opportunities for local growth and entrepreneurship, but external upstream knowledge linkages are often overlooked or taken for granted. This article is an attempt to remedy this situation by investigating why and...

  • Balancing Knowledge Management and Competitive Intelligence, Initial Insights. Erickson, Scott; Rothberg, Helen // Proceedings of the European Conference on Knowledge Management;2012, Vol. 1, p287 

    This paper reports on a large-scale study of how industries balance knowledge development with knowledge protection. In particular, we look at specific industries and the competitive imperatives to increase knowledge assets (or not) and to conduct competitive intelligence activities (or not)....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics