Risk-Averse Duopolists and Voluntary Information Transmission
研究了风险厌恶企业分享私有信息的动机，发现风险厌恶在某些情况下会改变文献中认为企业没有分享动机的结论，并分析了信息质量和风险感知对产出的影响。
This paper considers the incentives for risk-averse firms to share their private information. They show that the introduction of risk aversion in some cases reverses the result in the literature that no such incentives exist. Further, they show that the output level of risk-averse Cournot duopolists is increasing in the quality of their private information and decreasing in their perception of risk. Copyright 1989 by Blackwell Publishing Ltd.