Aggregation of Information in Large Cournot Markets

DOI10.2307/1912702zbMath0656.90014OpenAlexW2062261555MaRDI QIDQ3804410

Xavier Vives

Publication date: 1988

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/af9da007a88e73a498f279559a647d44e992fb29

zbMATH Keywords

uncertaintyrational expectationsinformation acquisitionincomplete informationcompetitive marketswelfare lossefficient information aggregationasymptotic properties of Bayesian-Cournot equilibria

Mathematics Subject Classification ID

Trade models (91B60)

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