Competition and "blinders": A duopoly model of information provision
نویسندگان
چکیده
منابع مشابه
A Dynamic Pricing Model under Duopoly Competition
We introduce and analyze a multi-period, finite horizon, no-replenishment, dynamic pricing model under duopoly competition between two retailers who sell an identical good. According to our duopoly competition model, a single consumer, whose valuation is uniformly distributed on [0,1], visits only one of the two retailers in each period. If the price posted by the retailer visited by the consum...
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Two sellers with ex-ante identical products, whose qualities can be either high or low, first choose a binary information structure, modeled as the probability that the signal reveals the state. After the buyer independently draws one private signal from each information structure, the sellers then each choose a price in the second stage. We identify two equilibria in information structures, a ...
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We study symmetric information games where a number of senders choose what information to communicate. We show that the impact of competition on information revelation is ambiguous in general. We then identify a condition on the information environment (i.e., the set of signals available to each sender) that is necessary and sufficient for equilibrium outcomes to be no less informative than the...
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ژورنال
عنوان ژورنال: Cuadernos Económicos de ICE
سال: 2011
ISSN: 2340-9037,0210-2633
DOI: 10.32796/cice.2011.81.6009