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Information advantage in Cournot oligopoly1
- Source :
- Journal of Economic Theory. Sept, 2002, Vol. 106 Issue 1, p151, 10 p.
- Publication Year :
- 2002
-
Abstract
- The effect of information advantage of a firm on its profits in oligopolistic markets is studied. Under Cournot competition, superior information gives a competitive edge and leads to higher profits only when the firm's technology exhibits constant returns to scale.
- Subjects :
- Oligopolies -- Analysis
Competition (Economics) -- Analysis
Business
Economics
Subjects
Details
- Language :
- English
- ISSN :
- 00220531
- Volume :
- 106
- Issue :
- 1
- Database :
- Gale General OneFile
- Journal :
- Journal of Economic Theory
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.120384397