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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 |
| Depositing User: | Julie Frith |
| Date Deposited: | 16 Nov 2010 09:34 |
| Last Modified: | 15 Dec 2022 02:09 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/10801 |
| DOI: | 10.1016/0176-2680(92)90023-A |
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