Welfare analysis with uncertain market segment proportions

This study theoretically explores the impact of market segmentation uncertainty on producers’ production decisions and their subsequent effects on producers’ profits, consumer surplus, and social welfare. This uncertainty creates a mismatch between the producer’s supply and consumer demand, while al...

Full description

Saved in:
Bibliographic Details
Main Authors: Yijun Wang, Shiting Ren, Xuan Zhou, Junqing Kang
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2024-12-01
Series:Journal of Management Science and Engineering
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2096232024000337
Tags: Add Tag
No Tags, Be the first to tag this record!