Quantity-setting competition under uncertain demand


Autoria(s): Ferreira, Fernanda A.; Ferreira, Flávio
Data(s)

08/10/2015

08/10/2015

2009

Resumo

We consider a quantity-setting duopoly model, and we study the decision to move first or second, by assuming that. the firms produce homogeneous goods and that. there is some demand uncertainty. The competitive phase consists of two periods, and in either period, the firms can make a production decision that is irreversible. As far as the firms are allowed to choose (non-cooperatively) the period they make the decision, we study the circumstances that favour sequential rather than simultaneous decisions.

Identificador

Ferreira, F. A., & Ferreira, F. (2009). Quantity-Setting Competition Under Uncertain Demand. Proceedings of the World Congress on Engineering, II, 1052-1055

978-988-18210-1-0

http://hdl.handle.net/10400.22/6663

Idioma(s)

eng

Publicador

IAENG - International Association of Engineers

Relação

http://www.iaeng.org/publication/WCE2009/WCE2009_pp1052-1055.pdf

Direitos

openAccess

Palavras-Chave #Industrial organization #Game theory #Cournot model #Uncertainty
Tipo

conferenceObject