Tools
ToolsHviid, Morten (1992) Model consistent beliefs with information transmission in oligopoly. European Journal of Political Economy, 8 (2). pp. 231-249. ISSN 1873-5703
Full text not available from this repository. (Request a copy)Abstract
A model of market coordination in the presence of private information is developed. One component is a period of talk about output levels. The talk ends when no firm wishes to change its latest announced planned output level, and only if all firms enact their latest announced plans will such talk be repeated in future periods. It is shown how the degree of coordination and apparent collusion achieved is related to the noise in signalling market information.
| Item Type: | Article |
|---|---|
| Faculty \ School: | Faculty of Social Sciences > School of Law |
| UEA Research Groups: | Faculty of Social Sciences > Research Groups > Competition, Markets and Regulation Faculty of Medicine and Health Sciences > Research Centres > Business and Local Government Data Research Centre (former - to 2023) Faculty of Social Sciences > Research Groups > Media, Information Technology and Intellectual Property Law Faculty of Social Sciences > Research Centres > Centre for Competition Policy |
| Depositing User: | Julie Frith |
| Date Deposited: | 16 Nov 2010 09:34 |
| Last Modified: | 22 Apr 2023 23:58 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/10801 |
| DOI: | 10.1016/0176-2680(92)90023-A |
Actions (login required)
 |
View Item |