Sağlam, İsmail - In: Games 9 (2018) 3/60, pp. 1-13
differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply …In this paper, we provide a welfare ranking for the equilibria of the supply function and quantity competitions in a … degree of substitution, then the supply function competition can always be Pareto superior to the quantity competition in …