Haan, M.A.; Toolsema, L.A. - Faculteit Economie en Bedrijfskunde, Rijksuniversiteit … - 2003
Wanzenried (2003, International Journal of Industrial Organization 21(2), 171-200) considers a two-stage differentiated goods duopoly model with demand uncertainty linking firms? capital structure choice to their output market decisions. Unfortunately, her analysis is flawed. We correct for...