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Consider a modified Cournot game with a linear inverse demand: {' P (91 +92) - (91 +92) if 1- (91 +92) 0 if 1-(91
Consider a modified Cournot game with a linear inverse demand: {' P (91 +92) - (91 +92) if 1- (91 +92) 0 if 1-(91 +92)
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To find the ex ante Bayesian Nash Equilibrium BNE in this modified Cournot game we need to consider the players strategies and beliefs before any information about the types is revealed In this case F...
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Industrial Organization Markets and Strategies
Authors: Paul Belleflamme, Martin Peitz
2nd edition
1107069971, 1107069978, 978-1107069978
