Information Advantage in Cournot Oligopoly
نویسندگان
چکیده
-----------------------------We model an oligopolistic industry where a number of firms that are asymmetrically informed about the environment compete via quantities, and we study how the information available to a firm affects its equilibrium profits. Indeed we find that if all firms have access to the same constant returns to scale technology, in any Bayesian equilibrium the information advantage of a firm is rewarded.
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عنوان ژورنال:
- J. Economic Theory
دوره 106 شماره
صفحات -
تاریخ انتشار 2002