Investment under demand uncertainty, ex-ante pricing, and oligopoly

Review of Industrial Organization

Volumn 13, Issue 4, 1998, Pages 409-423

  Driver, Ciaran ^a   Goffinet, Fabrice ^a  

^a IMPERIAL COLLEGE LONDON   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

INVESTMENT; MODELING; PRICE DYNAMICS; UNCERTAINTY ROLE;

EID: 0031729135     PISSN: 0889938X     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1007747212208     Document Type: Article

References (26)

1. Aiginger, K. (1987) Production and Decision Theory under Uncertainty, Blackwell.
2. AVMARK (1993) AVMARK monthly newsletter, July, Lloyd's Aviation Ltd., London.
3. Blinder, A. (1991) 'Why Are Prices Sticky? Preliminary Results from an Interview Study', The American Economic Review, May, 89-96
4. Brock, W., and J. Scheinkman (1985) 'Price-Setting Supergames with Capacity Constraints', Review of Economic Studies, 52, 371-382.
5. Buckle, R. A., and C. S. Meads (1991) 'How Do Firms React to Surprising Changes in Demand? A Vector Autoregressive Analysis Using Business Survey Data', Oxford Bulletin of Economics and Statistics, 53(4), 451-466.
6. Carlton, D. W. (1978) 'Market Behaviour with Demand Uncertainty and Price Inflexibility', American Economic Review, 68(4), 571-587.
7. Carlton, D. W. (1992) 'The Rigidity of Prices', in N.G. Mankiw and D. Romer, eds., New Keynesian Economics, Vol. 1. MIT Press.
8. Chandler, A. D. (1964) Strategy and Structure, Chapters in the History of American Industrial Enterprise. Cambridge, MA.
9. Domberger, S. (1980) 'Mergers, Market Structure and the Rate of Price Adjustment', in K. Cowling et al., eds., Mergers and Economic Performance. Cambridge: CUP.
10. Domberger, S., and D. G. Fiebig (1993) 'The Distribution of Price Changes in Oligopoly', Journal of Industrial Economics, XLI(S), 295-313.
11. Driver, C., and D. Moreton (1992) Investment, Expectations and Uncertainty. London: Basil Blackwell.
12. Driver, C., P. Lambert, and S. Vial (1993) 'Risky Production with Ex-Ante Prices under Monopoly: Analytical and Simulation Results', Bulletin of Economic Research, 45(1), 59-68.
13. Driver, C., S. Abubacker, and G. Argiris (1996) 'Capacity Choice under Monopoly, Flexible Price and Demand Uncertainty', Southern Economic Journal, 62(2), 526-532.
14. Gilbert, R., and R. Harris (1984) 'Competition with Lumpy Investment', Rand Journal of Economics, 15, 197-212.
15. Gilbert, R., and M. Lieberman (1987) 'Investment and Coordination in Oligopolistic Industries', Rand Journal of Economics, 18(1), 17-33.
16. Hall, S., M. Walsh, and T. Yates (1996) 'How Do UK Companies Set Prices?', Bank of England Quarterly Bulletin, May, 180-192.
17. Heiner, R. (1983) 'The Origin of Predictable Behaviour', American Economic Review, September, 560-595.
18. Karlin, S., and S. Carr (1962) 'Prices and Optimal Inventory Policy', in K. Arrow et al., eds., Studies in Applied Probability and Management Science. Stanford: Stanford University Press, pp. 159-172.
19. Kreps, D., and J. Scheinkman (1983) 'Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes', Bell Journal of Economics, 14, 326-338.
20. Lieberman, M. (1987) 'Strategies for Capacity Expansion', Sloan Management Review, Summer, 19-27.
21. Pike, R. (1982) Capital Budgeting in the 1980s. London: Institute of Cost and Management Accountants.
22. Porter, M., and M. Spence (1981) 'The Capacity Expansion Process in a Growing Oligopoly: The Case of Wet Coin Milling', in J. McCall, ed., The Economics of Information and Uncertainty. Chicago: University of Chicago Press.
23. Rees, R. (1992) 'Collusive Equilibrium in the Great Salt Duopoly', The Economic Journal, 103(419), 833-848.
24. Scherer, F. M., and D. Ross (1990) Industrial Market Structure and Economic Performance. Houghton Miffin.
25. Tirole, J. (1988) The Theory of Industrial Organisation. MIT Press.
26. Wallace, D. H. (1937) Market Control in the Aluminium Industry. Cambridge, MA: Harvard University Press.