Bayesian Cournot, Game Theory

Consider the Cournot duopoly model in which two firms, 1 and 2, simultaneously choose the quantities they will sell in the market, q1 and q2. The price each receives for each unity given these quantities is P (q1, q2) = a - b(q1 + q2). Suppose that each firm has probability µ of havingunitcostsofcL and(1-µ)ofhavingunitcostsofcH,wherecH >cL. Solveforthe Bayesian Nash equilibrium.
Posted Date: 10/17/2012 7:05:05 AM | Location : United States







Related Discussions:- Bayesian Cournot, Assignment Help, Ask Question on Bayesian Cournot, Get Answer, Expert's Help, Bayesian Cournot Discussions

Write discussion on Bayesian Cournot
Your posts are moderated
Related Questions
An auction associates who submits offers (or bids) to sale or buy  the goods being auctioned.

Assurance game Scenario "Assurance game" may be a generic name for the sport a lot of commonly called "Stag Hunt." The French thinker, Jean Jacques Rousseau, presented the subse

GAME 5 All-Pay Acution of $10 Everyone plays. Show the students a $10 bill, and announce that it is the prize; the known value of the prize guarantees that there is no winer’s

What terms are included in the monopolistic competition? Product Differentiation: 1. The meaning of monopolistic competition and product differentiation 2. Why monopolist

A sealed-bid second worth auction during which participants every simultaneously submit bids. The auctioneer discloses the identity of the very best bidder who is said the winner.

Please let me know if you can assist with the following assignment immediately. http://www.viewdocsonline.com/document/vkz2u6


A collection of colluding bidders. Ring members comply with rig bids by agreeing to not bid against one another, either by avoiding the auction or by putting phony (phantom) bids

recently i joined a network marketing company called ebiz.com. am worried about its legality and functioning.. please help if netwok marketing works?