Abstract
In price competition, a firm (F) reduces its rival's (R) learning about R's cost. In quantity (price) competition, F wants R (not) to learn about F's cost.
I show that in quantity competition, F wants R not to learn about R's cost.
In price competition, a firm (F) reduces its rival's (R) learning about R's cost. In quantity (price) competition, F wants R (not) to learn about F's cost.
I show that in quantity competition, F wants R not to learn about R's cost.