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Aus Führungskräften werden Innenpolitiker

Hierarchien sind Ausdruck des unternehmensinternen Wettbewerbs um die besten Strategien

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Deutsch / 23/11/1990

Optimal price adjustment under imperfect information

Variations in cost and demand do not have symmetrical impact on the optimal price of the imperfectly competitive firm. This asymmetry is not so important as long as information regarding both cost and demand is sufficient. However, it becomes crucially important in case of incomplete information. Usually firms have more complete or ‘harder’ information on cost than on demand. This...

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English / 01/07/1990

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