Optimal Information Acquisition for Heterogenous Duopoly Firms
Optimal Information Acquisition for Heterogenous Duopoly Firms
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DOI：
10.1006/jeth.1993.1024
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发表时间：
1993-04
影响因子：
1.6
通讯作者：
Hae-shin Hwang
中科院分区：
文献类型：
--
作者：
Hae-shin Hwang
摘要分析了一个随机双寡头市场，其中异质企业在生产决策之前获得了关于随机市场需求的昂贵信息。比较了每家公司所获得的均衡信息量。比较静态分析显示了信息成本的变化、市场需求的不确定性程度以及需求和成本函数参数的不同影响。经济文献分类编号：D82、L13、L15。
Abstract This paper analyzes a stochastic duopoly market in which heterogenous firms acquire costly information about the stochastic market demand prior to their production decisions. The equilibrium amounts of information acquired by each firm are compared. The comparative statics analyses show the differential effects of a change in information cost, the degree of uncertainty in the market demand, and the demand and cost function parameters. Journal of Economic Literature Classification Numbers: D82, L13, L15.