Behavioral Modes for a Firm Facing an Uncertain Supply or Demand Curve

DOI10.2307/3440483MaRDI QIDQ4726014zbMATH OpenOpenAlexFDO

Authors Karl-Gustaf Löfgren, B. Ranneby

Publication date 1987

Published in Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/3440483

zbMATH Keywords

price variability preferencestochastic supply and demand curve

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Price Dispersion with Uncertain Demand
• Buying and selling behavior in stochastic environments with backstop markets
• Supply Function Equilibria in Oligopoly under Uncertainty
• Certainty-Equivalence and the Theory of the Firm under Uncertainty
• Optimal monopolistic strategy under demand uncertainty

Cited in

(6)

• Supply theory sans profit maximization
• Buying and selling behavior in stochastic environments with backstop markets
• Consistent firm choice and the theory of supply
• TIMBER SUPPLY UNDER DEMAND UNCERTAINTY: WELFARE GAINS FROM PERFECT COMPETITION WITH RATIONAL EXPECTATIONS
• Mismatch of supply and demand as a response to demand uncertainty
• The Monopolistic Firm, Random Demand, and Bayesian Learning

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