game theory of the firm. A theoretical case for picking winners through a preferential innovative policy is discussed in a …

-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids … two firms reduces the probability of having a duopoly but increases the probability that some firm will serve the industry …

We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …