Narrow search
Showing 1 - 10 of 5,787
Cover Image
Uncertainty and Risk-aversion in a Dynamic Oligopoly with Sticky Prices
Valentini, Edilio - 2019
In this paper we present a dynamic discrete-time model that allows to investigate the impact of risk-aversion in an …-time limit of our model with no uncertainty and no risk-aversion. Focusing on the continuous-time limit of the infinite horizon … inversely related to the degrees of uncertainty and risk-aversion. However, the effect of uncertainty and risk …
Persistent link: https://www.econbiz.de/10012889402
Cover Image
Cost uncertainty in an oligopoly with endogenous entry
De Pinto, Marco; Goerke, Laszlo - 2021
How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this question, we investigate a Cournot oligopoly in which firms produce a homogeneous commodity and market entry is feasible. Marginal costs are unknown ex-ante, i.e. prior to entering the market. They become...
Persistent link: https://www.econbiz.de/10012620737
Cover Image
Optimal carbon tax scheme under uncertainty in an oligopolistic market of polluters
Welling, Andreas - 2017
Persistent link: https://www.econbiz.de/10011593210
Cover Image
Uncertainty and risk-aversion in a dynamic oligopoly with sticky prices
Valentini, Edilio; Vitale, Paolo - 2019
In this paper we present a dynamic discrete-time model that allows to investigate the impact of risk-aversion in an …-time limit of our model with no uncertainty and no risk-aversion. Focusing on the continuous-time limit of the infinite horizon … inversely related to the degrees of uncertainty and risk-aversion. However, the effect of uncertainty and risk …
Persistent link: https://www.econbiz.de/10011980689
Cover Image
Stackelberg Leadership with Demand Uncertainty
Liu, Zhiyong (John) - 2017
is significant. Even with this risk of losing flexibility under significant demand variation, for some parameter values …
Persistent link: https://www.econbiz.de/10014164373
Cover Image
The choice of capacity in mixed duopoly under demand uncertainty
Lu, Yuanzhu; Poddar, Sougata - In: The Manchester School 74 (2006) 3, pp. 266-272
Persistent link: https://www.econbiz.de/10003326310
Cover Image
Ambiguity and social interaction
Eichberger, Jürgen (contributor); Kelsey, David (contributor) - 2004
Persistent link: https://www.econbiz.de/10003334780
Cover Image
Ambiguity and social interaction
Eichberger, Jürgen - In: Oxford economic papers 61 (2009) 2, pp. 355-379
Persistent link: https://www.econbiz.de/10003835896
Cover Image
Buying versus hiring : an indirect evolutionary approach
Berninghaus, Siegfried; Güth, Werner - In: Metroeconomica : international review of economics 60 (2009) 4, pp. 619-637
Persistent link: https://www.econbiz.de/10003882848
Cover Image
Production under uncertainty : a characterization of welfare enhancing and optimal price caps
Grimm, Veronika; Zoettl, Gregor - 2008
We analyze the effect of price caps on equilibrium production and welfare in oligopoly under demand uncertainty. We find that high price caps always increase production and welfare as compared to the situation without price cap. Price caps close to marginal cost may lead to zero production,...
Persistent link: https://www.econbiz.de/10003894585