@techreport{oai:shiga-u.repo.nii.ac.jp:00013698,
 author = {Sakai, Yasuhiro},
 issue = {No. E-4},
 month = {Sep},
 note = {Technical Report, This paper analyzes the welfare implications of acquiring information for profit-maximizing and labor-managed firms (in short, PMF and LMF). We invent a unified method of exploring the role of information in a two-person game under uncertainty on the basis of comparative static analysis, and then apply the method to both the PMF and LMF. It is shown that whereas the LMF 's behavior is analogous to that of the PMF in some circumstances, the former may be entirely different from the latter in others. Because a special status is accorded to labor as a variable factor of production, the informational analysis of the LM economy requires special care for both computation and interpretation.Looking carefully at reality, there are a variety of capitalist firms, presumably forming a sort of spectrum with PMF at one end and the LMF at the other end. We would strongly believe that LMF also matters and should be worthy of due investigation., Discussion Paper, Series E, No. E-4, pp. 1-33},
 title = {The Profit-Maximizing and Labor-Managed Firms : A Unified Approach to the Role of Information},
 year = {2020}
}