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Market share transparency, signaling and welfare: Cournot and Bertrand

When demand is noisy and firms’ costs are private information, the availability of market share data increases the accuracy of each firm’s information, and it creates incentives for signaling. Taking both effects into account, we find that under quantity competition with a homogeneous good, the avai...

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Autor principal: Spector, David
Format: Artigo
Idioma:Inglês
Publicat: De Boeck Supérieur 2021
Matèries:
Accés en línia:https://doi.org/10.4000/rei.10977
https://hdl.handle.net/20.500.13089/jrmb
https://journals.openedition.org/rei/10977
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