Bondt, Raymond De; Henriques, Irene - In: Canadian Journal of Economics 28 (1995) 3, pp. 656-74
This paper investigates the implications of asymmetric spillovers on noncooperative strategic investments in a duopoly with quadratic pay-offs. A unique equilibrium in the announcement of the leader/follower role exists in the case where one firm absorbs large spillovers while the other, at...