We analyze a market game where firms choose capacities under uncertainty about future market conditions and make output choices after uncertainty has unraveled. We show existence and uniqueness of equilibrium under imperfect competition and establish that capacity choices by strategic firms are...

Die Berücksichtigung mehrerer Unsicherheitsformen zu verschiedenen Entscheidungszeitpunkten ist ein Schritt zur Erhöhung der Realitätsnähe bei der Flexibilitätsbewertung hybrider Leistungsbündel. Die in diesem Beitrag dargestellten Unsicherheitsformen wurden mit Hilfe von quadranomialen...

The traditional model of sequential decision making, for instance, in extensive form games, is a tree. Most texts define a tree as a connected directed graph without loops and a distinguished node, called the root. But an abstract graph is not a domain for decision theory. Decision theory...