Cognitive Aspects of the Strategic Management System under Uncertainty

Strategic Technology Adoption under Technological Uncertainty

Bargaining Under Strategic Uncertainty

This paper provides a novel understanding of delays in reaching agreements based on the idea of strategic uncertainty—i.e., the idea that a Bargainer may face uncertainty about her opponent’s play, even if there is no uncertainty about the structure of the game. It considers a particular form of strategic uncertainty, called on path strategic certainty. On path strategic certainty is the assump...

Strategic Capacity Investment Under Uncertainty

Contrary to most of the papers in the literature of investment under uncertainty we study models that not only capture the timing, but also the size of the investment. We consider a monopoly setting as well as a duopoly setting and compare the results with the standard models in which the firms do not have the capacity choice. Our main results are the following. First, for low uncertainty value...

Strategic Trade Policy under Uncertainty

This paper extends the Brander-Spencer (1985) model by considering market uncertainty, exploring nonlinear policy, and examining ̄rms' choices of strategic variables. By investigating the interrelationship between trade policy and market conduct, we ̄nd that unlike the oftenstudied linear policy, a nonlinear policy can in°uence the domestic ̄rm's choice of strategic variables and hence alter th...

Strategic behavior in power markets under uncertainty

We consider a setting of a two settlement power market where firms compete in the forward market and an uncertain real-time market. A recourse-based framework is proposed where firms make simultaneous bids in the forward market and take recourse in the real-time market contingent on the realization of uncertainty. The market participants include both generation firms as well as the independent ...