Behavioral Modes for a Firm Facing an Uncertain Supply or Demand Curve
理论分析了企业面对随机供给和需求曲线时的行为模式，发现需求不确定性下企业偏好价格波动而非数量波动，但这一结论依赖于特定的随机设定。
This paper contains a theoretical analys is of the behavior of a firmfacing a stochastic supply and demand curve. Certai n behavioral modes can be ranked under weaker conditions than in corresponding s tudies on stochastic demand. For other comparisons, the authors derive sufficien t conditions for one mode to dominate another. Earlier results indicate that a f irm which faces demand uncertainty prefers price variability to quantity variabi lity. It is shown by a counter example that the "price variability preference," which is troublesome for proponents of temporary fixed-price equilibrium models, is a consequence of restrictive stochastic specification. Copyright 1987 by The editors of the Scandinavian Journal of Economics.