Uncertainty in competition leads to more competitive markets and lower prices.
The article discusses how competition between companies can change when there is uncertainty about consumer demand. It shows that when companies are unsure about what customers want, they may end up competing more fiercely, which can lead to better outcomes for consumers. The study also suggests that when companies are uncertain about their competitors' actions, they may stick to certain strategies to avoid losing out. Overall, uncertainty can make markets more competitive and benefit consumers.