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Stackelberg leadership with demand uncertainty in a differentiated duopoly

Title
Stackelberg leadership with demand uncertainty in a differentiated duopoly
Type
Article in International Conference Proceedings Book
Year
2006
Authors
Ferreira, F
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. View Authenticus page Without ORCID
Ferreira, F
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. View Authenticus page Without ORCID
Conference proceedings International
Pages: 408-410
25th IASTED International Conference on Modelling, Identification and Control
Lanzarote, SPAIN, FEB 06-08, 2006
Indexing
Scientific classification
FOS: Engineering and technology > Electrical engineering, Electronic engineering, Information engineering
Other information
Authenticus ID: P-004-QJR
Abstract (EN): On a symmetric differentiated Stackelberg duopoly model in which there is asymmetric demand information owned by leading and follower firms, we show that the leading firm does not necessarily have advantage over the following one. The reason for this is that the second mover can adjust its output level after observing the realized demand, while the first mover chooses its output level only with the knowledge of demand distribution.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 3
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