7 citations · 35 across the 7 of their papers we have counts for
8 papers
On the Equilibrium Uniqueness in Cournot Competition with Demand Uncertainty
Stefanos Leonardos, Costis Melolidakis
We revisit the linear Cournot model with uncertain demand that is studied in Lagerlöf (2006)* and provide sufficient conditions for equilibrium uniqueness that complement the exist…
On the Mean Residual Life of Cantor-Type Distributions: Properties and Economic Applications
Stefanos Leonardos, Costis Melolidakis
In this paper, we consider the mean residual life (MRL) function of the Cantor distribution and study its properties. We show that the MRL function is continuous at all points, loc…
Measuring Market Performance with Stochastic Demand: Price of Anarchy and Price of Uncertainty
Costis Melolidakis, Stefanos Leonardos, Constandina Koki
Globally operating suppliers face the rising challenge of wholesale pricing under scarce data about retail demand, in contrast to better informed, locally operating retailers. At t…
A Class of Distributions for Linear Demand Markets
Stefanos Leonardos, Costis Melolidakis
In this paper, we study distributions that describe markets with linear stochastic demand. We express the price elasticity of expected demand in terms of the mean residual demand (…
Comparative Statics via Stochastic Orderings in a Two-Echelon Market with Upstream Demand Uncertainty
Constandina Koki, Stefanos Leonardos, Costis Melolidakis
We revisit the classic Cournot model and extend it to a two-echelon supply chain with an upstream supplier who operates under demand uncertainty and multiple downstream retailers w…
Monopoly Pricing in Vertical Markets with Demand Uncertainty
Stefanos Leonardos, Costis Melolidakis, Constandina Koki
Pricing decisions are often made when market information is still poor. In turn, existing theoretical models often reason about the response of optimal prices to changing market ch…