Compare this equilibrium with the nash equilibrium of the


Cournot's duopoly game with imperfect information: -

Consider the game when the inverse demand function is given by P(Q) = α - Q for Q ≤ α and P(Q) = 0 for Q > α. For values of cH and cL close enough that there is a Nash equilibrium in which all outputs are positive, find this equilibrium.

Compare this equilibrium with the Nash equilibrium of the game in which firm 1 knows that firm 2's unit cost is cL, and with the Nash equilibrium of the game in which firm 1 knows that firm 2's unit cost is cH.

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Game Theory: Compare this equilibrium with the nash equilibrium of the
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