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dc.contributor.authorGanuza, Juan Joséen
dc.contributor.authorJansen, Josen
dc.date.accessioned2010-10-15-
dc.date.accessioned2012-04-24T11:05:58Z-
dc.date.available2012-04-24T11:05:58Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/57521-
dc.description.abstractBy using general information structures and precision criteria based on the dispersion of conditional expectations, we study how oligopolists' information acquisition decisions may change the effects of information sharing on the consumer surplus. Sharing information about individual cost parameters gives the following trade-off in Cournot oligopoly. On the one hand, it decreases the expected consumer surplus for a given information precision, as the literature shows. On the other hand, information sharing increases the firms' incentives to acquire information, and the consumer surplus increases in the precision of the firms' information. Interestingly, the latter effect may dominate the former effect.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research on Collective Goods |cBonnen
dc.relation.ispartofseries|aPreprints of the Max Planck Institute for Research on Collective Goods |x2010,40en
dc.subject.jelD82en
dc.subject.jelL13en
dc.subject.jelL40en
dc.subject.jelD83en
dc.subject.ddc330en
dc.subject.keywordoligopolyen
dc.subject.keywordinformation acquisitionen
dc.subject.keywordinformation sharingen
dc.subject.keywordinformation structuresen
dc.subject.keywordconsumer surplusen
dc.subject.stwOligopolen
dc.subject.stwWissenstransferen
dc.subject.stwInformationsverhaltenen
dc.subject.stwKonsumentenrenteen
dc.subject.stwTheorieen
dc.titleToo much information sharing? Welfare effects of sharing acquired cost information in oligopoly-
dc.typeWorking Paperen
dc.identifier.ppn636810267en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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