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Author = Motafaker Azad, Mohammad Ali

Number of Articles: 1
Analyzing the Expected Profit Margin under Stochastic Fluctuation in Output Price

Majid Ahmadian; Mohammad Ali Motafaker Azad

Volume 8, Issue 27 , July 2006, , Pages 115-131

Abstract
  This paper develops a theoretical setting in which firms within industry are risk averse and maximize expected utility  of profit under output price uncertainty in an oligopolistic market. The expected profit margin is under influence of increase in market share and concentration coefficient at ...  Read More