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- W2048093344 abstract "The behavior of firms in the Cournot-Nash model is examined under uncertainty in market demand and in their production. The emerging result is that if one of the firms is more strongly risk averse than the other its output will increase but total output declines (even when the other is risk neutral). In the Stackelberg model, however, if the follower is risk neutral it might compensate for the decline of output by the leader." @default.
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- W2048093344 date "1989-08-01" @default.
- W2048093344 modified "2023-09-25" @default.
- W2048093344 title "Imperfect competition under uncertainty" @default.
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- W2048093344 doi "https://doi.org/10.1016/0148-6195(89)90023-4" @default.
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