ENDOGENOUS STRUCTURES OF ASSOCIATION IN OLIGOPOLIES

被引:134
作者
BLOCH, F [1 ]
机构
[1] GRP HEC,JOUY EN JOSAS,FRANCE
关键词
D O I
10.2307/2556002
中图分类号
F [经济];
学科分类号
02 ;
摘要
The formation of associations of firms in an oligopoly with linear demand is analyzed as a two-stage noncooperative game. In the first stage, firms form associations in order to decrease their costs, and in the second stage they compete on the marker. Examples of associations include R&D joint ventures and groups of firms adopting common standards. In equilibrium, the associations formed exhibit two general features: they are asymmetric and inefficient.
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页码:537 / 556
页数:20
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