thermal power plants. Results point to findings which are in line with general theory: Accounting for stochasticity increases …

differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply … function competition, irrespective of whether the (duopolistic) products are substitutes, complements, or independent … degree of substitution, then the supply function competition can always be Pareto superior to the quantity competition in …

We study the combined effects of revenue and cost uncertainty as well competition on the timing optimization of … investments in complementarity inputs for duopoly markets where either spillover-knowledge is allowed or where proprietary … in firms behaviour. When uncertainty about the input costs and revenue are considered together with competition, the …