Ferreira, Fernanda A.Ferreira, Flávio2014-05-282014-05-282008978-0-7354-0576-9doi: 10.1063/1.2990892http://hdl.handle.net/10400.22/4392We study a Bertrand oligopoly model with incomplete information about rivals' costs, where the uncertainty is given by a uniform distribution. We compute the Bayesian-Nash equilibrium of this game, the ex-ante expected profit and the ex-post profit of each firm. We see that, even though only one firm produces in equilibrium, all firms have a positive ex-ante expected profit.engIndustrial organizationBertrand oligopolyUncertaintyBayesian-Nash equilibriumBertrand oligopoly when rivals' costs are unknownconference object10.1063/1.2990892