NOTE ON RISK-AVERSION AND SHARING OF FIRM-SPECIFIC INFORMATION IN DUOPOLIES

被引:8
|
作者
KAO, JL [1 ]
HUGHES, JS [1 ]
机构
[1] UNIV MINNESOTA,CURTIS L CARLSON SCH MANAGEMENT,MINNEAPOLIS,MN 55455
来源
JOURNAL OF INDUSTRIAL ECONOMICS | 1993年 / 41卷 / 01期
关键词
D O I
10.2307/2950621
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This note extends earlier work on the effects of risk aversion on the preferences of duopolists to share information. It is shown that the common finding that Cournot duopolists prefer to share firm-specific information no longer obtains for some parameterizations. In particular, the greater the aversion to risk, the larger the parameter regions in which not sharing information is preferred.
引用
收藏
页码:103 / 112
页数:10
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