Endogenous Learning, Learning by Doing and Information Sharing
通过将信息共享模型中的外生信息内生化，发现信息交换协议会影响信息的价值与生产，并产生类似干中学的效应，进而影响消费者福利、企业获取信息的激励以及加入信息共享协议的意愿。
Using the work in experimentation, the author endogenizes the, until now, exogenous information in information sharing models. He finds that agreements to exchange information affect the value and production of information. With unknown cost, a learning-by-doing like effect also arises. These effects affect consumer welfare, the incentive to receive information, and the incentive to enter information sharing agreements. Information sharing contracts may have negative future effects on firms through decreased information production. However, the decreased information production has the current benefit of softening competition, which induces information sharing agreements under conditions contrary to previous results and vice versa. Copyright 1995 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.