Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/68655 
Autor:innen: 
Erscheinungsjahr: 
1996
Schriftenreihe/Nr.: 
Reihe Ökonomie / Economics Series No. 37
Verlag: 
Institute for Advanced Studies (IHS), Vienna
Zusammenfassung: 
An oligopolistic market with vertical product differentiation is parametrized in cost parameters. This allows me to study the impact of the technology of the firms (cost parameters) on market structure, conduct, and performance. Firms which differ only by the order of the sequential move to choose a quality use sophisticated entry deterring or entry accomodating strategies. I show that infinitesimal changes in the cost parameters can generate discontinuities in market profits. In particular, higher entry costs can lead to a more competitive outcome.
Schlagwörter: 
entry deterrence
vertical product differentiation
sequential quality choice
barriers of entry
JEL: 
L13
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
3.05 MB





Publikationen in EconStor sind urheberrechtlich geschützt.