Cournot competition in the joint products market under demand uncertainty

被引:1
|
作者
Okura, Mahito [1 ]
机构
[1] Doshisha Womens Coll Liberal Arts, Fac Contemporary Social Studies, Dept Social Syst Studies, Kyoto 6100395, Japan
关键词
D O I
10.1002/mde.3294
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this study is to analyze the market in Cournot competition under demand uncertainty when two firms compete with two joint products which are indivisible multiple goods, such as petroleum products. We investigate the situations in which no, either, or both firms have either no demand information or have demand information in one or both markets and examine how the differences in information structures affect the equilibrium expected profit of each firm.
引用
收藏
页码:1105 / 1116
页数:12
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