Abstract:Sumary: 1. Introduction; 2. The model; 3. Case 1: the case of unknown demand intercept; 4. Case 2: the case of unknown slope; 5. Conclusions.Keywords: information exchange; cournot equilibrium; accuracy effect; slope uncertainty; intercept demand uncertainty.
JEL codes: D43; D82; L13.In this paper we analyze the profitability of information sharing among Cournot oligopolists receiving private information about random demand. We model the random demand as a linear demand having, 1) an unknown intercept, and 2) … Show more
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