Head, K.; Mayer, T.; Ries, J. - Centre de recherche de mathématiques et économie … - 2001
Knickerbocker (1973) introduced "oligopolistic Reaction" to explain why firms follow rivals into foreign markets. We develop a model that incorporates the central features of Knickerbocker's stroy - oligopoly, uncertainty, and risk aversion - to establish the conditions required to generate...