haku: @author Vriend, N. / yhteensä: 2
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Tekijä: | Nagel, R. Vriend, N. |
Otsikko: | Inexperienced and experienced players in an oligopolistic market game with minimal information |
Lehti: | Industrial and Corporate Change
1999 : MAR, VOL. 8:1, p. 41-66 |
Asiasana: | INDUSTRIES CORPORATE FINANCE OLIGOPOLY |
Kieli: | eng |
Tiivistelmä: | The authors consider an oligopolistic market game, in which the players are competing firms in the same market of a homogeneous consumption good. The consumer side is represented by a fixed demand function. The firms decide how much to produce of perishable consumption good, and they decide upon a number of information signals to be sent into the population in order to attract customers. Due to the minimal information provided, the players do not have a well-specified model of their environment. |
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