Leader, Or Just Dominant? The Dominant-Firm Model Revisited

I revisit the dominant-firm model and discuss its implicit assumption of a sequential move structure. I argue that a simultaneous move structure is often more reasonable and derive an alternative formulation of the model based on this approach.

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Year of publication:	2011-01-03
Authors:	M von der Fehr, Nils-Henrik
Institutions:	Økonomisk institutt, Universitetet i Oslo
Subject:	dominant…firm \| monopoly with fringe \| sequential moves

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Extent:	application/pdf
Series:	Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Memorandum Number 15/2010 24 pages
Classification:	D42 - Monopoly ; L12 - Monopoly; Monopolization Strategies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008776038