Stackelberg duopoly with demand uncertainty

• Type: Article in International Conference Proceedings Book
• Date: 2006

Authors

Alberto A. Pinto (Author) FCUP; Ferreira, FA (Author) Other; Ferreira, F (Author) Other

Conference proceedings International

Title: 2006 IEEE International Conference on Computational Cybernetics, ICCC

2006 IEEE International Conference on Computational Cybernetics, ICCC

Tallinn, 20 August 2006 through 22 August 2006

Indexing

Scopus - 0 Citations

Other information

Authenticus ID: P-007-N2F

DOI: 10.1109/icccyb.2006.305710

Abstract (EN): We consider a symmetric Stackelberg model in which there is asymmetric demand information owned by first and second movers. We analyse the advantages of leadership and flexibility, and prove that when the leading firm faces demand uncertainty, but the follower does not, the first mover does not necessarily have advantage over the second mover. Moreover, we show that the advantage of one firm over the other depends upon the demand fluctuation and also upon the degree of substitutability of the products.

Language: English

Type (Professor's evaluation): Scientific