Investment under Demand Uncertainty, Ex-Ante Pricing, and Oligopoly
(1998)
Journal Article
Driver, C., & Goffinet, F. (1998). Investment under Demand Uncertainty, Ex-Ante Pricing, and Oligopoly. Review of Industrial Organization, 13(4), 409-423. https://doi.org/10.1023/A%3A1007747212208
This paper considers the capacity choice of duopolists who set price ex-ante under demand uncertainty with risk-neutrality. The duopolists compete for market shares on the basis of availability of supply, rather than by price competition. Collusive p... Read More about Investment under Demand Uncertainty, Ex-Ante Pricing, and Oligopoly.