A Theory of Exit in Duopoly

From MaRDI portal
Publication:3730304

DOI10.2307/1912845zbMath0596.90015OpenAlexW1987806401MaRDI QIDQ3730304

Jean Tirole, Drew Fudenberg

Publication date: 1986

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1912845



Related Items

Cooperative Decision Making in Cooperative Control Systems by Means of Game Theory, Efficient and fair routing for mesh networks, Condorcet cycles? A model of intertemporal voting, Spite vs. risk: explaining overbidding in the second-price all-pay auction. A theoretical and experimental investigation, Optimizing scrip systems: crashes, altruists, hoarders, sybils and collusion, Efficiency and equilibria in games of optimal derivative design, Managing decentralized inventory and transshipment, Strategic investment with positive externalities, Cooperation in the commons with unobservable actions, Quantile analysis of ``hazard-rate game models, Market Exit and Minimax Regret, Resource inequality in the war of attrition, Asymmetric all‐pay auctions with spillovers, Electoral platforms, implemented policies, and abstention, Volunteering and the strategic value of ignorance, Perfect folk theorems. Does public randomization matter?, Uniqueness and existence of equilibrium in auctions with a reserve price, Mixed up? That's good for motivation, Evolution, bargaining, and time preferences, Generalized Nash equilibrium problems, The economics of poverty traps. I: Complete markets, Second-Price All-Pay Auctions and Best-Reply Matching Equilibria, Analysis of vertical separation of regulators under adverse selection, Experimental evidence on coverage choices and contract prices in the market for corporate insurance, Evolutionary dynamics of biological auctions, Generalized Nash equilibrium problems, A strong anti-folk theorem, Learning in nonlinear pricing with unknown utility functions, Clock games: theory and experiments, Endogenous neighborhood selection and the attainment of cooperation in a spatial prisoner's dilemma game, How crucial is cooperation in mitigating world climate? Analysis with World-MARKAL, Computer science and decision theory, Cooperation in the commons, Volunteering for heterogeneous tasks, Information, trade and incomplete markets, Preemption with a second-mover advantage, The absence of attrition in a war of attrition under complete information, Collusive game solutions via optimization, Symmetric equilibria in a cost-averting war of attrition requiring minimum necessary conceders, Wars of attrition with endogenously determined budget constraints, Estimation of quantity games in the presence of indivisibilities and heterogeneous firms, War of attrition with incomplete information and fuzzy players' types, Schedulability analysis of non-preemptive strictly periodic tasks in multi-core real-time systems, Duopoly signal jamming, Strategically supported cooperation in dynamic games with coalition structures, Developing real option game models, A theory of stopping time games with applications to product innovations and asset sales, Who wants to break the hockey-stick sales pattern in the supply chain?, On the existence of pure strategy Bertrand equilibrium, Endogenous correlated equilibria in noncooperative games, Perfect Bayesian implementation, On some geometry and equivalence classes of normal form games, An analysis of the war of attrition and the all-pay auction, Organizational strategy and tacit collusion in oligopoly with agency, Effect of technological breakthroughs on electronic markets, Implementation of competitive nonlinear pricing: tariffs with inclusive consumption, Repeated Downsian electoral competition, Leader-follower equilibria for electric power and \(\text{NO}_x\) allowances markets, Darwinian adaptation, population genetics and the streetcar theory of evolution, Bargaining over multiple issues in finite horizon alternating-offers protocol, Complexity of solution structures in nonlinear pricing, Hawks and doves in a dynamic framework, Distributed dynamic reinforcement of efficient outcomes in multiagent coordination and network formation, The war of attrition with incomplete information, A differential game theoretical analysis of mechanistic models for territoriality, One-sided games in a war of attrition, Building reputation in a war of attrition game: hawkish or dovish stance?, Customer equilibrium and optimal strategies in Markovian queues in series, Rational cooperation, Selling shares to retail investors: auction vs. fixed price, Experiences from using a UML-based method for trust analysis in an industrial project on electronic procurement, Stubbornness, power, and equilibrium selection in repeated games with multiple equilibria, Mixed-strategy equilibria in the Nash demand game, Game analysis of investment in a group with stickiness, Gambling in contests, Dynamic Bertrand oligopoly, Strategic investment under uncertainty: a synthesis, Information acquisition and transparency in committees, A class of evolutionary models for participation games with negative feedback, Game-theoretic static load balancing for distributed systems, Strategic behavior modeling of multi-service overlay multicast networks based on auction mechanism design, Probabilistic belief logic and its probabilistic Aumann semantics, Strictly periodic scheduling in IMA-based architectures, Energy-efficient power allocation for selfish cooperative communication networks using bargaining game, Essential collections for equilibrium concepts, International trade and competitiveness, Local replicator dynamics: a simple link between deterministic and stochastic models of evolutionary game theory, Using negotiable features for prescription problems, Over- and under-investment according to different benchmarks, Redundant movements in autonomous mobility: experimental and theoretical analysis, Sequential bargaining, external effects of agreement, and public intervention, Structure of extreme correlated equilibria: A zero-sum example and its implications, A signal-jamming model of persuasion: interest group funded policy research, The time inconsistency of delegation-based time inconsistency solutions in monetary policy, Conditions for equivalence between sequentiality and subgame perfection, Strategic bidding in continuous electricity auctions: An application to the Spanish electricity market, Numerical solutions to coupled-constraint (or generalised Nash) equilibrium problems, On coordination games with quantum correlations, Sequential auctions with imperfect quantity commitment, Demand shocks and market manipulation, Slightly altruistic equilibria, Equilibrium exit in stochastically declining industries, Capacity choice under uncertainty in a duopoly with endogenous exit, Cournot-Walras equilibrium as a subgame perfect equilibrium, On striking for a bargain between two completely informed agents, Risk aversion in symmetric and asymmetric contests, Learning of winning strategies for terminal games with linear-size memory, Analysis and design of selection committees: a game theoretic secretary problem, Credible deviations from signaling equilibria, Trembling hand perfection for mixed quantal/best response equilibria, Combinatorial integer labeling theorems on finite sets with applications, A war of attrition with endogenous effort levels, Nonsmooth optimization reformulations of player convex generalized Nash equilibrium problems, Competition among providers in loss networks, Supplier credits, limited liquidity, and timely demand information, Herding with collective preferences, Adverse selection and bilateral asymmetric information, Opinion dynamics and learning in social networks, Dominance solvability of dynamic bargaining games, A note on Stackelberg competition, Some interesting properties of maximin strategies, Signaling advertising by multiproduct firms, Investment timing and learning externalities, Advances in dynamic games. Applications to economics, finance, optimization and stochastic control., Monopolistic competition in electricity networks with resistance losses, Multibidding game under uncertainty, Does ignorance promote norm compliance?, Continuous-time games of timing, Escalation and delay in protracted international conflicts, On reducing the windfall profits in environmental subsidy programs, The path player game, Make a guess: a robust mechanism for King Solomon's dilemma, Pricing and lot-sizing decisions in a two-echelon system with transportation costs, Relaxation methods for generalized Nash equilibrium problems with inexact line search, Extending the alternating-offers protocol in the presence of competition: Models and theoretical analysis, Real options and preemption under incomplete information, Optimal punishments in linear duopoly supergames with product differentiation, The scope for collusion under fractional defections, Capital-accumulation games under environmental regulation and duopolistic competition, Cooperation by indirect revelation through strategic behavior