The social value of information and the competition motive: price versus quantity games

DOI10.1007/S00199-019-01179-7MaRDI QIDQ2218541zbMATH OpenOpenAlexFDO

Authors Camille Cornand, Rodolphe Dos Santos Ferreira

Publication date 15 January 2021

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-019-01179-7

zbMATH Keywords

(anti-)coordinationbeauty contestprice and quantity competitionpublic and private informationstrategic substitutability and complementarity

Mathematics Subject Classification ID

Applications of game theory (91A80) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• A general model of information sharing in oligopoly
• Aggregation of Information in Large Cournot Markets
• Characterizing social value of information
• Cooperation in a differentiated duopoly when information is dispersed: a beauty contest game with endogenous concern for coordination
• Cournot competition and the social value of information
• Duopoly information equilibrium: Cournot and Bertrand
• Efficient Use of Information and Social�Value�of�Information
• Endogenous Information Acquisition in Coordination Games
• scientific article; zbMATH DE number 3278986 (Why is no real title available?)
• Information acquisition and use by networked players
• Information and crowding externalities
• Information Sharing in Oligopoly
• Information Transmission--Cournot and Bertrand Equilibria
• On the microeconomic foundations of linear demand for differentiated products
• Robust results on the sharing of firm-specific information: incentives and welfare effects
• Strategic supply function competition with private information
• Team Decision Problems
• The social value of information with an endogenous public signal
• The value of information in a simple duopoly model

Cited in

(5)

• The social value of public information with costly information acquisition
• Cooperation in a differentiated duopoly when information is dispersed: a beauty contest game with endogenous concern for coordination
• Special issue: supermodularity and monotonicity in economics
• Central bank communication and stabilization policies under firms' motivated beliefs
• Oligopoly with network effects: firm-specific versus single network

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