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Note on Risk Aversion and Sharing of Firm-Specific Information in Duopolies

Jennifer L Kao and John S Hughes

Journal of Industrial Economics, 1993, vol. 41, issue 1, 103-12

Abstract: 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. Copyright 1993 by Blackwell Publishing Ltd.

Date: 1993
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Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven

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