We derive alternative sufficient conditions for the value of public information to be either positive or negative in a Cournot duopoly where firms technology exhibits constant returns to scale.
Bibliographical noteFunding Information:
We thank Ori Haimanko for helpful discussions. The research of Einy and Shitovitz was supported by The Israel Science Foundation, grant 871/01-31. Moreno acknowledges the support of the Ministerio de Ciencia y Tecnología, grant BEC2000-0173.
ASJC Scopus subject areas
- Economics and Econometrics