Dynamic oligopolistic games under uncertainty: A stochastic programming approach
نویسندگان
چکیده
منابع مشابه
Dynamic Oligopolistic Games Under Uncertainty: A Stochastic Programming Approach*
This paper studies several stochastic programming formulations of dynamic oligopolistic games under uncertainty. We argue that one of the models, namely Games with Probabilistic Scenarios (GPS), provides an appropriate formulation. For such games, we show that symmetric players earn greater expected profits as demand volatility increases. This result suggests that even in an increasingly volati...
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2007
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2005.09.011