Article ID Journal Published Year Pages File Type
5061399 Economics Letters 2010 4 Pages PDF
Abstract

In this paper, we examine how uncertainty can affect successive markets, when uncertainty can affect both upstream and downstream markets' conditions. The main result of the paper is that the equilibrium solution depends on how much dependent are the events.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
On uncertainty when it affects successive markets
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