about the way managers are compensated. When managers are informed about their opponents, the long -- run configuration of … the industry depends on market conditions. When managers are informed only on the current composition of the population … information -- by hiding the current composition of the industry -- then we show how managers' beliefs affect the long run …

It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly …. Contrary to Tanaka (1999) we show that the evolutionarily stable price in an asymmetric Cournot oligopoly needs not equal the … order to transform the game with asymmetric firms into a symmetric oligopoly game and then extend Schaffer's definition …