Acta Universitatis Danubius. Œconomica, Vol 12, No 5 (2016)

An analysis of a duopoly with incomplete information

Catalin Angelo Ioan, Gina Ioan

Abstract


In this paper we analyze the case of two firms A and B, each competing with the other under conditions of incomplete information. Thre analysed cases are: company A assume one of the following roles: either ignore the firm B or leading production or leading price acting as if B knows its intention and firm B acts either ignoring company A, or as satellite of production or satellite of price acting as if A knows its intention.

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