IDEAS home Printed from https://ideas.repec.org/a/bla/econom/v65y1998i258p247-261.html
   My bibliography  Save this article

Risk and Revelation: Changing the Value of Information

Author

Listed:
  • Anthony Creane

Abstract

A different approach is introduced to determine the value of an information‐sharing agreement: the measure of risk aversion/loving. This approach reveals the relationship between information‐sharing models and the risk literature. It also allows uncertainty regarding the slope of a firm’s own demand function to be examined which previous work eschews. The results suggest that the incentive to reveal information is more prevalent than previously thought: firms prefer to commit to reveal private valued information in both quantity and price competition. This differs from previous work where the incentive to commit depended on the type of competition.

Suggested Citation

  • Anthony Creane, 1998. "Risk and Revelation: Changing the Value of Information," Economica, London School of Economics and Political Science, vol. 65(258), pages 247-261, May.
  • Handle: RePEc:bla:econom:v:65:y:1998:i:258:p:247-261
    DOI: 10.1111/1468-0335.00126
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1468-0335.00126
    Download Restriction: no

    File URL: https://libkey.io/10.1111/1468-0335.00126?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. David Genesove & Wallace Mullin, 1999. "The Sugar Institute Learns to Organize Information Exchange," NBER Chapters, in: Learning by Doing in Markets, Firms, and Countries, pages 103-144, National Bureau of Economic Research, Inc.
    2. Young-Ro Yoon, 2008. "Strategic Disclosure of Valuable Information within Competitive Environments," CAEPR Working Papers 2008-022, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:econom:v:65:y:1998:i:258:p:247-261. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.