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Strategic Supply Function Competition with Private Information

Vives, Xavier - 2021

A finite number of sellers (n) compete in schedules to supply an elastic demand. The costs of the sellers have … with more noise in the private signals or more correlation among the costs parameters. In fact, for large values of noise …

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Strategic Supply Function Competition with Private Information

Vives, Xavier - 2021

uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition … private signals or more correlation among the costs parameters. In fact, for large values of noise or correlation supply …

Persistent link: https://www.econbiz.de/10013316471