Reisinger, Markus; Ressner, Ludwig - In: Journal of Economics & Management Strategy 18 (2009) 4, pp. 1155-1177
"This paper analyzes a duopoly model with stochastic demand in which firms first commit to a strategy variable and compete afterwards. We find that in equilibrium the relative magnitude of demand uncertainty and the degree of substitutability determines firms' variable choice. Firms set prices...