Article ID: | iaor2004467 |
Country: | Cuba |
Volume: | 24 |
Issue: | 1 |
Start Page Number: | 21 |
End Page Number: | 27 |
Publication Date: | Jan 2003 |
Journal: | Revista de Investigacin Operacional |
Authors: | Rodrguez Jess Lpez, Medin J. Andrs Faa, Rodrguez Jos Lpez |
In this work we analyse the profitability of information sharing among Cournot oligopolists receiving private information about a random demand. We model the random demand as a linear demand having an unknown intercept. In this scenario, firms observe private signals about the unknown parameter. We show that if the private signal observed by firms is accurate enough, information exchange is profitable.