Supply Function Equilibria in Oligopoly under Uncertainty.
The authors model an oligopoly facing uncertain demand where each firm chooses as its strategy a "supply function" relating its quantity to its price. A supply function adapts better to an uncertain environment than either a fixed price or a fixed quantity; it could be committed to through...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Econometric Society
1989
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