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Price or quantity setting under uncertain demand and capacity constraints: An examination of the profits

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  • Enrico Pennings

Abstract

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Suggested Citation

  • Enrico Pennings, 2001. "Price or quantity setting under uncertain demand and capacity constraints: An examination of the profits," Journal of Economics, Springer, vol. 74(2), pages 157-171, June.
    • Handle: RePEc:kap:jeczfn:v:74:y:2001:i:2:p:157-171
    DOI: 10.1007/BF01231552
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    References listed on IDEAS

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    1. Levitan, Richard & Shubik, Martin, 1972. "Price Duopoly and Capacity Constraints," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(1), pages 111-122, February.
    2. Bulow, Jeremy I & Geanakoplos, John D & Klemperer, Paul D, 1985. "Multimarket Oligopoly: Strategic Substitutes and Complements," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 488-511, June.
    3. Luanne Lohr & Timothy A. Park, 1998. "Optimal Markup Decisions under Demand Uncertainty," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 46(2), pages 221-232, July.
    4. Kalyan Raman & Rabikar Chatterjee, 1995. "Optimal Monopolist Pricing Under Demand Uncertainty in Dynamic Markets," Management Science, INFORMS, vol. 41(1), pages 144-162, January.
    5. Marcel Boyer & Michel Moreaux, 1988. "Rational Rationing in Stackelberg Equilibria," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(2), pages 409-414.
    6. Masson, Robert T & Shaanan, Joseph, 1986. "Excess Capacity and Limit Pricing: An Empirical Test," Economica, London School of Economics and Political Science, vol. 53(211), pages 365-378, August.
    7. Leland, Hayne E, 1972. "Theory of the Firm Facing Uncertain Demand," American Economic Review, American Economic Association, vol. 62(3), pages 278-291, June.
    8. James D. Dana Jr., 1999. "Equilibrium Price Dispersion Under Demand Uncertainty: The Roles of Costly Capacity and Market Structure," RAND Journal of Economics, The RAND Corporation, vol. 30(4), pages 632-660, Winter.
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    Cited by:

    1. Jiuping Xu & Guomin Fang & Zezhong Wu, 2016. "Network equilibrium of production, transportation and pricing for multi-product multi-market," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 84(3), pages 567-595, December.

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    More about this item

    Keywords

    pricing; capacity; uncertainty; D42; D81;
    All these keywords.

    JEL classification:

    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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