Dynamic Monopoly Pricing Under a Poisson-Type Uncertain Demand

1992 ◽  
Vol 65 (4) ◽  
pp. 593 ◽  
Author(s):  
Yu-Min Chen ◽  
Dipak C. Jain
Keyword(s):  
Uncertain Demand ◽  
Monopoly Pricing ◽  
Dynamic Monopoly ◽  
Poisson Type

A note on dynamic monopoly pricing under consumption externalities

2014 ◽  
Vol 124 (1) ◽  
pp. 1-8 ◽  
Author(s):  
Kaito Hashimoto ◽  
Nobuo Matsubayashi
Keyword(s):  
Consumption Externalities ◽  
Monopoly Pricing ◽  
Dynamic Monopoly

Dynamic monopoly pricing and herding

2006 ◽  
Vol 37 (4) ◽  
pp. 910-928 ◽  
Author(s):  
Subir Bose ◽  
Gerhard Orosel ◽  
Marco Ottaviani ◽  
Lise Vesterlund
Keyword(s):  
Monopoly Pricing ◽  
Dynamic Monopoly

scholarly journals Storable Good Monopoly: The Role of Commitment

2006 ◽  
Vol 96 (5) ◽  
pp. 1706-1719 ◽  
Author(s):  
Paolo Dudine ◽  
Igal Hendel ◽  
Alessandro Lizzeri
Keyword(s):  
Social Welfare ◽  
Monopoly Pricing ◽  
Dynamic Monopoly ◽  
Coase Conjecture ◽  
Demand Changes ◽  
Changes Over Time ◽  
Over Time

We study dynamic monopoly pricing of storable goods in an environment where demand changes over time. The literature on durables has focused on incentives to delay purchases. Our analysis focuses on a different intertemporal demand incentive. The key force on the consumer side is advance purchases or stockpiling. In the case of storable goods, the stockpiling motive has recently been documented empirically. We show that, in this environment, if the monopolist cannot commit, then prices are higher in all periods, and social welfare is lower, than in the case in which the monopolist can commit. This is in contrast with the analysis in the literature on the Coase conjecture.

Capacity expansion and dynamic monopoly pricing

2006 ◽  
Vol 60 (4) ◽  
pp. 169-178 ◽  
Author(s):  
S. Demichelis ◽  
O. Tarola
Keyword(s):  
Capacity Expansion ◽  
Monopoly Pricing ◽  
Dynamic Monopoly

Decision-making for location of manufacturing bases in an uncertain demand situation

2021 ◽  
pp. 1-13
Author(s):  
Sun Jianzhu ◽  
Zhang Qingshan ◽  
Yu Yinyun
Keyword(s):  
Site Selection ◽  
Fuzzy Numbers ◽  
Uncertain Demand ◽  
Quick Response ◽  
Time Cost ◽  
Location Selection ◽  
Manufacturing Enterprises ◽  
Service Efficiency ◽  
Equipment Manufacturing ◽  
Smart Industry

Multi-site selection is a hot research issue for equipment manufacturing enterprises. With the development of smart industry, equipment manufacturing enterprises have entered the era of personalized and small batch manufacturing. Enterprises want to better meet customer needs and win competition, they must carry out scientific factory planning and site selection, so as to ensure quick response to the market. Based on this, this paper proposes a two-stage location selection model. Firstly, the method uses fuzzy numbers to express the demand size of demand points. Secondly, the distance factor is used as a criterion to select the candidate manufacturing bases with sufficient available resources. Next, the location model of enterprise manufacturing base is established which the goal of maximizing service efficiency and the constraints of time, cost and demand. Finally, a random numerical example is used to simulate the model, and lingo is used to solve it.

On the Equilibrium Uniqueness in Cournot Competition with Demand Uncertainty

2020 ◽  
Vol 20 (2) ◽  
Author(s):  
Stefanos Leonardos ◽  
Costis Melolidakis
Keyword(s):  
Failure Rate ◽  
Demand Uncertainty ◽  
Sufficient Conditions ◽  
Cournot Competition ◽  
Uncertain Demand ◽  
Cournot Model ◽  
Equilibrium Uniqueness ◽  
Residual Demand ◽  
Uniqueness Of Equilibrium ◽  
Additional Assumptions

AbstractWe revisit the linear Cournot model with uncertain demand that is studied in Lagerlöf (2006. “Equilibrium Uniqueness in a Cournot Model with Demand Uncertainty.” The B.E. Journal of Theoretical Economics 6, no. 1. (Topics), Article 19: 1–6.) and provide sufficient conditions for equilibrium uniqueness that complement the existing results. We show that if the distribution of the demand intercept has the decreasing mean residual demand (DMRD) or the increasing generalized failure rate (IGFR) property, then uniqueness of equilibrium is guaranteed. The DMRD condition implies log-concavity of the expected profits per unit of output without additional assumptions on the existence or the shape of the density of the demand intercept and, hence, answers in the affirmative the conjecture of Lagerlöf (2006. “Equilibrium Uniqueness in a Cournot Model with Demand Uncertainty.” The B.E. Journal of Theoretical Economics 6, no. 1. (Topics), Article 19: 1–6.) that such conditions may not be necessary.

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