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...
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Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
KeAi Communications Co., Ltd.
2024-12-01
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Series: | Journal of Management Science and Engineering |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2096232024000337 |
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