haku: @author Shin, J. / yhteensä: 4
viite: 2 / 4
| Tekijä: | Dasgupta, S. Shin, J. |
| Otsikko: | Information sharing, information free-riding and capital structure in oligopolies |
| Lehti: | International Journal of Industrial Organization
1999 : JAN, VOL. 17:1, p. 109-136 |
| Asiasana: | INDUSTRIAL ORGANIZATION INFORMATION OLIGOPOLY |
| Kieli: | eng |
| Tiivistelmä: | The authors study the effect of capital structure decisions on the incentives for firms in a duopoly to share information through a trade association. Focusing on the case of Cournot competition with demand uncertainty, the authors find, that the standard result for all-equity firms that information will not be shared may be reversed. When one firm has better access to information than the other, leverage may be a way for the latter firm to free-ride on the former firm's information. |
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