A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs

DOI10.2307/1911700zbMath0657.90029OpenAlexW2135949932MaRDI QIDQ3806957

Publication date: 1988

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1911700

zbMATH Keywords

Markov perfect equilibrium dynamic oligopoly endogenous timing quantity competition perfect equilibrium entry deterrence reactions natural monopoly contestability infinite horizon sequential duopoly game short run commitments

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

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