Quantity-Setting Competition Under Uncertain Demand

被引:0
作者
Ferreira, Fernanda A. [1 ]
Ferreira, Flavio [1 ]
机构
[1] Inst Politecn Porto, ESEIG, P-4480876 Vila Do Conde, Portugal
来源
WORLD CONGRESS ON ENGINEERING 2009, VOLS I AND II | 2009年
关键词
Industrial Organization; Game Theory; Cournot model; uncertainty; 1ST MOVER; FLEXIBILITY; INFORMATION; COMMITMENT; LEADERSHIP; DUOPOLY;
D O I
暂无
中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
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.
引用
收藏
页码:1052 / 1055
页数:4
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