Showing 1 - 4 of 4
The first essay examines the phenomenon of free riding and underinvestment in noncooperative entry deterrence in the Gilbert and Vives (1986) model with differentiated products. Our analysis proves that when both entry allowing and entry deterring equilibria coexist, underinvestment can occur in...
Persistent link: https://www.econbiz.de/10009430334
The first three essays examine whether strategic precommitment to advertising investment by an established firm can prevent a new firm from entering a homogeneous-product market under various assumptions. In Essay 1, I consider the question under the assumption that (1) advertisements contain...
Persistent link: https://www.econbiz.de/10009430543
The first essay examines Just-in-Time (JIT) manufacturing systems by incorporating the Economic Order Quantity (EOQ) model from operations research into a product market duopoly. We consider a two-stage game in which firms first simultaneously decide whether or not to invest in setup cost...
Persistent link: https://www.econbiz.de/10009430605
Contests are economic or social interactions in which two or more players expend costly resources in order to win prize(s). The resources expended by players determine their probability of winning a prize. This dissertation investigates theoretical and experimental applications of Contest theory...
Persistent link: https://www.econbiz.de/10009430753