Oligopoly, uncertainty and strategic forward transactions

Blaise Allaz
Additional contact information
Blaise Allaz: HEC Paris - Recherche - Hors Laboratoire - HEC Paris - Ecole des Hautes Etudes Commerciales

Post-Print from HAL

Abstract: We build a simple two-period model of an oligopoly producing a homogeneous good that can also be traded on a forward market It is shown that in such a sequential model where forward decisions are taken prior to spot decisions, forward transactions can be an effective tool in the hands of noncompetitive producers Whether the oligopolists end up long or short on the forward market depends on the interaction between strategy and risk hedging as well as on the type of conjectural variation that is assumed

Keywords: Oligopoly; uncertainty; strategic forward transactions (search for similar items in EconPapers)
Date: 1992-06
References: Add references at CitEc
Citations: View citations in EconPapers (77)

Published in International Journal of Industrial Organization, 1992, 10 (2), pp.297-308. ⟨10.1016/0167-7187(92)90020-Y⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-00511812

DOI: 10.1016/0167-7187(92)90020-Y

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().