ON FLEXIBILITY IN OLIGOPOLY

被引:11
作者
ELLINGSEN, T
机构
[1] Stockholm School of Economics, S-113 83 Stockholm
关键词
OLIGOPOLY; FLEXIBILITY; STACKELBERG; FIRST MOVER ADVANTAGE;
D O I
10.1016/0165-1765(94)00524-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper demonstrates that, even when firms' initial moves are simultaneous, the mere opportunity to wait out the opponent's move may be as harmful as a second-mover disadvantage.
引用
收藏
页码:83 / 89
页数:7
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