Aggregation of Information in Large Cournot Markets
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Publication:3804410
DOI10.2307/1912702zbMath0656.90014MaRDI QIDQ3804410
Publication date: 1988
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/af9da007a88e73a498f279559a647d44e992fb29
uncertainty; rational expectations; information acquisition; incomplete information; competitive markets; welfare loss; efficient information aggregation; asymptotic properties of Bayesian-Cournot equilibria
91B60: Trade models
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