Optimal research for Cournot oligopolists

DOI10.1016/0022-0531(87)90107-4zbMath0617.90009OpenAlexW2041949733MaRDI QIDQ1088873

Talbot Page, Lode Li, Richard D. McKelvey

Publication date: 1987

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

Full work available at URL: https://resolver.caltech.edu/CaltechAUTHORS:20170915-164128100

zbMATH Keywords

demand uncertaintyCournot oligopolistsoptimal amount of researchstage game of output decision

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40)

Related Items (13)

Bayesian Nash equilibrium and variational inequalities ⋮ Optimal research for Cournot oligopolists ⋮ The effects of demand uncertainty on channel structure ⋮ Cournot competition and the social value of information ⋮ Characterizing social value of information ⋮ Information acquisition and welfare in network games ⋮ The negative value of private information in illiquid markets ⋮ Analysis of market competition and information asymmetry on selling strategies ⋮ Prospect theory and market quality ⋮ Entry and R{\&}D in procurement contracting ⋮ Majoritarian preference, Utilitarian welfare and public information in Cournot oligopoly ⋮ Quantifying and mitigating inefficiency in information acquisition under competition ⋮ The social value of public information with convex costs of information acquisition

Cites Work

• Unnamed Item
• Unnamed Item
• Duopoly information equilibrium: Cournot and Bertrand
• Optimal research for Cournot oligopolists
• Uncertainty Resolution, Private Information Aggregation and the Cournot Competitive Limit
• Information Sharing in Oligopoly
• Common Knowledge, Consensus, and Aggregate Information
• Information Transmission--Cournot and Bertrand Equilibria
• Rational Expectations, Information Acquisition, and Competitive Bidding
• Sequential Equilibria
• Decentralized multicriteria optimization of linear stochastic systems
• Games with Incomplete Information Played by ‘Bayesian’ Players, Part III. The Basic Probability Distribution of the Game

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