Publication
Bertrand and Cournot oligopolies when rivals' costs are unknown
dc.contributor.author | Ferreira, Fernanda A. | |
dc.contributor.author | Ferreira, Flávio | |
dc.date.accessioned | 2014-05-28T01:10:20Z | |
dc.date.available | 2014-05-28T01:10:20Z | |
dc.date.issued | 2010 | |
dc.description.abstract | We study Bertrand and Cournot oligopoly models with incomplete information about rivals’ costs, where the uncertainty is given by a uniform distribution. We compute the Bayesian- Nash equilibrium of both games, the ex-ante expected profits and the ex-post profits of each firm. We see that, in the price competition, even though only one firm produces in equilibrium, all firms have a positive ex-ante expected profit. | por |
dc.description.sponsorship | ESEIG - Instituto Politécnico do Porto, Centro de Matemática da Universidade do Porto and the Programs POCTI and POCI by FCT and MCTES. | por |
dc.description.sponsorship | We thank ESEIG - Instituto Politécnico do Porto, Centro de Matemática da Universidade do Porto and the Programs POCTI and POCI by FCT and MCTES for their financial support. | |
dc.identifier.doi | 10.1063/1.3515587 | |
dc.identifier.isbn | 978-0-7354-0850-0 | |
dc.identifier.uri | http://hdl.handle.net/10400.22/4396 | |
dc.language.iso | eng | por |
dc.peerreviewed | yes | por |
dc.publisher | AIP Publishing | por |
dc.relation.publisherversion | http://scitation.aip.org/content/aip/proceeding/aipcp/10.1063/1.3515587 | por |
dc.subject | Industrial organization | por |
dc.subject | Game theory | por |
dc.subject | Oligopoly models | por |
dc.subject | Uncertainty | por |
dc.title | Bertrand and Cournot oligopolies when rivals' costs are unknown | por |
dc.type | conference object | |
dspace.entity.type | Publication | |
oaire.citation.conferencePlace | Sozopol, Bulgaria | por |
oaire.citation.startPage | 203 | por |
oaire.citation.title | 36th International Conference Applications of Mathematics in Engineering and Economics | por |
oaire.citation.volume | AIP Conference Proceedings, vol. 1293 | por |
person.familyName | Ferreira | |
person.familyName | Ferreira | |
person.givenName | Fernanda A. | |
person.givenName | Flávio | |
person.identifier | R-000-4TV | |
person.identifier.ciencia-id | D116-9419-5778 | |
person.identifier.ciencia-id | 9F13-D3C6-244B | |
person.identifier.orcid | 0000-0002-1335-7821 | |
person.identifier.orcid | 0000-0001-7812-0983 | |
person.identifier.rid | N-4563-2013 | |
person.identifier.rid | N-4562-2013 | |
person.identifier.scopus-author-id | 24723992800 | |
person.identifier.scopus-author-id | 22978799800 | |
rcaap.rights | openAccess | por |
rcaap.type | conferenceObject | por |
relation.isAuthorOfPublication | aaa18584-508e-46b1-9b50-4e174c0e142c | |
relation.isAuthorOfPublication | 6f67981a-3965-4ace-aec9-65938c4bcf66 | |
relation.isAuthorOfPublication.latestForDiscovery | aaa18584-508e-46b1-9b50-4e174c0e142c |