differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply … competition can be lower than under the quantity competition in situations where the size of the demand uncertainty is below a …-increasing both in the marginal cost of producing a unit output and in the own-price sensitivity of each inverse demand curve. Our …

competition known as the Cournot oligopoly model. Firms and their production are differentiated, which brings the theoretical … model closer to real market conditions. The main objective was to expand the Cournot duopoly and add another firm, resulting … operators in Slovakia was selected as a real market case with accessible data on an oligopoly with three companies and partial …

This paper applies the framework of endogenous timing in games to mixed quantity duopoly, wherein a private domestic or …-perfect equilibrium of the extended game, in sharp contrast to private duopoly games. We provide sufficient conditions for the emergence …