Duopoly information equilibrium: Cournot and Bertrand

DOI10.1016/0022-0531(84)90162-5zbMath0546.90011MaRDI QIDQ798556

Xavier Vives

Publication date: 1984

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

subgame perfect equilibriumprivate informationCournot competitionBertrand competitionprivate value of informationsocial value of informationsymmetric differentiated duopoly modeltwo- stage gameuncertain linear demand

Mathematics Subject Classification ID

Applications of game theory (91A80) Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40) Multistage and repeated games (91A20)

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Cites Work

• The value of information in a sealed-bid auction
• Reexamination of the perfectness concept for equilibrium points in extensive games
• Information Sharing in Oligopoly
• A Theory of Auctions and Competitive Bidding
• Strategic Information Transmission
• Games with Incomplete Information Played by ‘Bayesian’ Players, Part III. The Basic Probability Distribution of the Game