Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/73354 
Year of Publication: 
2006
Series/Report no.: 
BGPE Discussion Paper No. 7
Publisher: 
Friedrich-Alexander-Universität Erlangen-Nürnberg, Bavarian Graduate Program in Economics (BGPE), Nürnberg
Abstract: 
If duopolistic firms can choose their strategy variable, uncertainty about demand conditions and the degree of substitutability have countervailing effects on variable choice. High uncertainty favors prices, while close substitutability favors quantities. For intermediate values, a hybrid equilibrium exists.
Subjects: 
Competition
Strategy Variables
Demand Uncertainty
JEL: 
D43
L13
Document Type: 
Working Paper

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