Jung, Yun Joo; Kagel, John H.; Levin, Dan - In: RAND Journal of Economics 25 (1994) 1, pp. 72-93
A single monopolist plays a sequence of eight periods against a series of different entrants. There are two types of monopolists, "weak" monopolists whose single-period best response is to acquiesce after entry, and "strong" monopolists whose dominant strategy is to fight entry. Data show high...