Article ID Journal Published Year Pages File Type
5059503 Economics Letters 2013 4 Pages PDF
Abstract
We show that in a preemption game of entry into a Cournot market, increasing the number of competitors beyond duopoly does not bring forward the time of first entry. We also show that all entries, except the first one, occur earlier than socially optimal.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Competition, timing of entry and welfare in a preemption game
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