Earlier the first author built an oligopolistic model of the American automobile firms, demonstrating the possibility of econometric model building at the firm level. In the present paper, on the basis of detailed corporate data, we advance this effort further using a more elaborate behavioral...

This article analyzes the duopolistic competition of Fujifilm and Kodak according to the product life cycle and “game theoretic” exchange-of-hostage hypothesis of international trade and investment. It shows how each firm used its home-team and first-mover advantages to compete with the...

The main objective of this model is to analyse the simultaneous determination of market share and advertising expenditure under dynamic conditions. The authors' empirical analysis is applied to the case of the Eisai Company within the Japanese pharmaceutical industry from 1959 to 1969. Although...