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Technology Strategy and Product Diversity

This paper considers a three-stage game of a differentiated oligopoly: firms first make their entry decisions, then they choose production technologies and in the third stage of the game they decide product prices. The technology choice can be understood as selecting a technology from a pool of recently available technologies as well as developing a new technology by innovative activities. The market equilibrium outcome is then compared with the social optimum.
Year of publication:
1996
Authors: Yin, Xiangkang
Institutions: Department of Economics and Finance, La Trobe Business School
Subject: Economic Theory
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Type of publication: Book / Working Paper
Notes:
Number 1996.14 48 pages
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Persistent link: https://www.econbiz.de/10010541713
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