Quantity-setting competition under uncertain demand

Ferreira, Fernanda A.; Ferreira, Flávio

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

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Autores

Ferreira, Fernanda A.

Ferreira, Flávio

Resumo(s)

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.

Palavras-chave

Industrial organization Game theory Cournot model Uncertainty

URI

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

Citação

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

Editora

IAENG - International Association of Engineers

Coleções

ESEIG - MAT - Comunicações em eventos científicos

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