Model consistent beliefs with information transmission in oligopoly

Hviid, 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)


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
DOI: 10.1016/0176-2680(92)90023-A

Actions (login required)

View Item View Item