We model divisionalization as a two-stage simultaneous move duopoly game. In stage one, firms simultaneously establish divisions. In stage two, all divisions play a Cournot game. The major contribution of this thesis is to generalize the analysis of strategic firm structure in simultaneous move...

This dissertation explores the multinational activity of Japanese automobile industry by focusing on the vertical production structure of a firm. The main objective is to analyze the effect of horizontal multinational activity on vertical multinational activity. First, we construct a partial and...