Modification of Wald and Savage Decision Criteria for Monopoly Market

Lilian Golban
Additional contact information
Lilian Golban: Academy of Economic Studies of Moldova, Republic of Moldova

Risk in Contemporary Economy, 2019, 338-344

Abstract: In this study are defined two decision-making models for analysis and the solution of manufacturing problems in the case of monopolistic markets, considering that consumer behavior is uncertain and demand cannot be derived beforehand, and with knowledge of only some possible situations arise concerning demand.

Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.rce.feaa.ugal.ro/images/stories/RCE2019/Golban_Lilian.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2019:p:338-344

DOI: 10.35219/rce2067053239

Access Statistics for this article

More articles in Risk in Contemporary Economy from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().