Collusion and distribution of profits under differential information

摘要: We examine a Cournot game with differential private information. study collusion under different information rules, i.e., when firms pool their information, use common knowledge or decide not to share at all. put the industry profits three schemes in hierarchy. In addition, we look incentive compatibility problem and show that only is compatible. Finally, deal issue of how are distributed among firms, way asymmetries captured. propose Shapley value as proper distribute firms. also point out a-core associated non-empty.