Journal of Accounting and Economics Vol. 19 No. 2-3 1995
Partner selection and group formation in cooperative benchmarking
Abstract
This paper investigates partner selection and group formation in cooperative benchmarking, a practice of information sharing among firms to improve their operations. Firms gather preliminary information about potential partners only when the choice problem is difficult, and more information is gathered when there is more uncertainty. Based on an analysis of benchmarking benefits and costs, there is a unique equilibrium group structure characterized by a segregation of firms by their stock of technological information. It is argued that today's changing business environment tends to increase group size and the number of firms participating in cooperative benchmarking.
- DOI
- 10.1016/0165-4101(94)00387-k
- Volume
- 19
- Issue
- 2-3
- Pages
- 345-364
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref