Flexibility in a Stackelberg leadership with differentiated goods

Detalhes bibliográficos
Autor(a) principal: Ferreira,FA
Data de Publicação: 2015
Outros Autores: Ferreira,F, Miguel Ferreira, Alberto Pinto
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://repositorio.inesctec.pt/handle/123456789/6133
http://dx.doi.org/10.1080/02331934.2013.836649
Resumo: We study the effects of product differentiation in a Stackelberg model with demand uncertainty for the first mover. We do an ex-ante and ex-post analysis of the profits of the leader and of the follower firms in terms of product differentiation and of the demand uncertainty. We show that even with small uncertainty about the demand, the follower firm can achieve greater profits than the leader, if their products are sufficiently differentiated. We also compute the probability of the second firm having higher profit than the leading firm, subsequently showing the advantages and disadvantages of being either the leader or the follower firm.
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spelling Flexibility in a Stackelberg leadership with differentiated goodsWe study the effects of product differentiation in a Stackelberg model with demand uncertainty for the first mover. We do an ex-ante and ex-post analysis of the profits of the leader and of the follower firms in terms of product differentiation and of the demand uncertainty. We show that even with small uncertainty about the demand, the follower firm can achieve greater profits than the leader, if their products are sufficiently differentiated. We also compute the probability of the second firm having higher profit than the leading firm, subsequently showing the advantages and disadvantages of being either the leader or the follower firm.2018-01-15T12:37:30Z2015-01-01T00:00:00Z2015info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://repositorio.inesctec.pt/handle/123456789/6133http://dx.doi.org/10.1080/02331934.2013.836649engFerreira,FAFerreira,FMiguel FerreiraAlberto Pintoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-05-15T10:20:46Zoai:repositorio.inesctec.pt:123456789/6133Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:53:35.480119Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Flexibility in a Stackelberg leadership with differentiated goods
title Flexibility in a Stackelberg leadership with differentiated goods
spellingShingle Flexibility in a Stackelberg leadership with differentiated goods
Ferreira,FA
title_short Flexibility in a Stackelberg leadership with differentiated goods
title_full Flexibility in a Stackelberg leadership with differentiated goods
title_fullStr Flexibility in a Stackelberg leadership with differentiated goods
title_full_unstemmed Flexibility in a Stackelberg leadership with differentiated goods
title_sort Flexibility in a Stackelberg leadership with differentiated goods
author Ferreira,FA
author_facet Ferreira,FA
Ferreira,F
Miguel Ferreira
Alberto Pinto
author_role author
author2 Ferreira,F
Miguel Ferreira
Alberto Pinto
author2_role author
author
author
dc.contributor.author.fl_str_mv Ferreira,FA
Ferreira,F
Miguel Ferreira
Alberto Pinto
description We study the effects of product differentiation in a Stackelberg model with demand uncertainty for the first mover. We do an ex-ante and ex-post analysis of the profits of the leader and of the follower firms in terms of product differentiation and of the demand uncertainty. We show that even with small uncertainty about the demand, the follower firm can achieve greater profits than the leader, if their products are sufficiently differentiated. We also compute the probability of the second firm having higher profit than the leading firm, subsequently showing the advantages and disadvantages of being either the leader or the follower firm.
publishDate 2015
dc.date.none.fl_str_mv 2015-01-01T00:00:00Z
2015
2018-01-15T12:37:30Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://repositorio.inesctec.pt/handle/123456789/6133
http://dx.doi.org/10.1080/02331934.2013.836649
url http://repositorio.inesctec.pt/handle/123456789/6133
http://dx.doi.org/10.1080/02331934.2013.836649
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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