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Oligopoly, Uncertain Demand and Forward Markets

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  • Eldor, Rafael
  • Zilcha, Itzhak

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Suggested Citation

  • Eldor, Rafael & Zilcha, Itzhak, 1985. "Oligopoly, Uncertain Demand and Forward Markets," Foerder Institute for Economic Research Working Papers 275404, Tel-Aviv University > Foerder Institute for Economic Research.
  • Handle: RePEc:ags:isfiwp:275404
    DOI: 10.22004/ag.econ.275404
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    File URL: https://ageconsearch.umn.edu/record/275404/files/TEL-AVIV-FSWP-085.pdf
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    References listed on IDEAS

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    1. Sandmo, Agnar, 1971. "On the Theory of the Competitive Firm under Price Uncertainty," American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
    2. Katz, Eliakim, 1984. "The Firm and Price Hedging in an Imperfect Market," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 215-219, February.
    3. Thomas R. Palfrey, 1982. "Risk Advantages and Information Acquisition," Bell Journal of Economics, The RAND Corporation, vol. 13(1), pages 219-224, Spring.
    4. Richard, Scott F. & Sundaresan, M., 1981. "A continuous time equilibrium model of forward prices and futures prices in a multigood economy," Journal of Financial Economics, Elsevier, vol. 9(4), pages 347-371, December.
    5. Gershon Feder & Richard E. Just & Andrew Schmitz, 1980. "Futures Markets and the Theory of the Firm under Price Uncertainty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 94(2), pages 317-328.
    6. Holthausen, Duncan M, 1979. "Hedging and the Competitive Firm under Price Uncertainty," American Economic Review, American Economic Association, vol. 69(5), pages 989-995, December.
    7. Danthine, Jean-Pierre, 1978. "Information, futures prices, and stabilizing speculation," Journal of Economic Theory, Elsevier, vol. 17(1), pages 79-98, February.
    8. Katz, E & Paroush, J & Kahana, N, 1982. "Price Uncertainty and the Price Discriminating Firm in International Trade," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(2), pages 389-400, June.
    9. Leland, Hayne E, 1972. "Theory of the Firm Facing Uncertain Demand," American Economic Review, American Economic Association, vol. 62(3), pages 278-291, June.
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    Cited by:

    1. Asplund, Marcus, 2002. "Risk-averse firms in oligopoly," International Journal of Industrial Organization, Elsevier, vol. 20(7), pages 995-1012, September.
    2. Nathan H. Miller & Joseph U. Podwol, 2020. "Forward Contracts, Market Structure and the Welfare Effects of Mergers," Journal of Industrial Economics, Wiley Blackwell, vol. 68(2), pages 364-407, June.
    3. Herguera, Iñigo, 1999. "Régimen institucional del mercado spot y del mercado de futuros en distintos países," DE - Documentos de Trabajo. Economía. DE 3892, Universidad Carlos III de Madrid. Departamento de Economía.
    4. Matthias Pelster, 2014. "Implications of financial transaction costs on the real economy: A note," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 8(1), March.
    5. Broll, Udo & Wahl, Jack E. & Wessel, Christoph, 2008. "Export production, hedging exchange rate risk: the duopoly case," Dresden Discussion Paper Series in Economics 06/08, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    6. Dorea Chin & Afzal Siddiqui, 2014. "Capacity expansion and forward contracting in a duopolistic power sector," Computational Management Science, Springer, vol. 11(1), pages 57-86, January.
    7. Dionne, Georges & Santugini, Marc, 2014. "Entry, imperfect competition, and futures market for the input," International Journal of Industrial Organization, Elsevier, vol. 35(C), pages 70-83.
    8. Matthias Pelster, 2015. "Marketable and non-hedgeable risk in a duopoly framework with hedging," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 39(4), pages 697-716, October.

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