The Provision of Information in a Bertrand Oligopoly

Norman J Ireland

Journal of Industrial Economics, 1993, vol. 41, issue 1, 61-76

Abstract: A two-stage model of a homogeneous good oligopoly is constructed that is composed of a first stage determining (costless) information provision to consumers and then a second stage of price setting. A perfect equilibrium is found that is characterized by les s than full information and by positive expected profits. An alternati ve interpretation of the model is of firms deciding the proportion of contracts to tender for and then the prices at which the tenders wil l be made. Copyright 1993 by Blackwell Publishing Ltd.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (52)

Downloads: (external link)
http://links.jstor.org/sici?sici=0022-1821%2819930 ... 0.CO%3B2-I&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jindec:v:41:y:1993:i:1:p:61-76

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821

Access Statistics for this article

Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven

More articles in Journal of Industrial Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().