Strategic Supply Function Competition With Private Information
From MaRDI portal
Publication:2892451
DOI10.3982/ECTA8126zbMath1241.91057OpenAlexW3122505440WikidataQ57388183 ScholiaQ57388183MaRDI QIDQ2892451
Publication date: 18 June 2012
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3982/ecta8126
double auctionmarket powerrational expectationsadverse selectionwelfarecollusioncompetitivenesspublic informationreverse auctiondemand schedule competition
Auctions, bargaining, bidding and selling, and other market models (91B26) Economics of information (91B44)
Related Items
Informed speculation with k-level reasoning ⋮ Market making with asymmetric information and inventory risk ⋮ Interconnected pay-as-bid auctions ⋮ The pricing effects of ambiguous private information ⋮ On the minimum correlation between symmetrically distributed random variables ⋮ Pricing with markups in industries with increasing marginal costs ⋮ Licensing cost‐reducing innovations under supply function competition ⋮ Information percolation in segmented markets ⋮ Searching for ESG information: heterogeneous preferences and information acquisition ⋮ Information, coordination, and market frictions: an introduction ⋮ Cournot competition and the social value of information ⋮ Information and strategic behavior ⋮ On the functional equivalence of two perfectly competitive economies with negative exponential utility and linear utility with a quadratic holding cost ⋮ Reprint of: ``Information percolation in segmented markets ⋮ Information, market power and welfare ⋮ Price impact under heterogeneous beliefs and restricted participation ⋮ Information frictions and market power: a laboratory study ⋮ Signal-jamming in the frequency domain ⋮ Markets for financial innovation ⋮ Relaxing competition through speculation: committing to a negative supply slope ⋮ Information linkages in a financial market with imperfect competition ⋮ The negative value of private information in illiquid markets ⋮ Large multi-unit auctions with a large bidder ⋮ Cooperation in a differentiated duopoly when information is dispersed: a beauty contest game with endogenous concern for coordination ⋮ Competitive rational expectations equilibria without apology ⋮ More competitors or more competition? Market concentration and the intensity of competition ⋮ The social value of information and the competition motive: price versus quantity games ⋮ Computing posterior signals and endogenous parameters in a dealer trading network ⋮ Bilateral trading in divisible double auctions ⋮ Information acquisition with heterogeneous valuations ⋮ Efficiency in trading markets with multi-dimensional signals ⋮ Incentive compatible self-fulfilling mechanisms and rational expectations ⋮ Price instability in multi-unit auctions ⋮ On the properties of equilibria in private value divisible good auctions with constrained bidding ⋮ Technical Note—Nonlinear Pricing Competition with Private Capacity Information ⋮ Supply function equilibria and nonprofit-maximizing objectives ⋮ Uniform price auctions with a last accepted bid pricing rule ⋮ Forward Commodity Trading with Private Information ⋮ Price discovery using a double auction ⋮ Tail expectation and imperfect competition in limit order book markets ⋮ Uniform price auctions with asymmetric bidders ⋮ A battle of informed traders and the market game foundations for rational expectations equilibrium