Haucap, Justus; Buehler, Stefan - Fächergruppe Volkswirtschaftslehre, Helmut Schmidt … - 2003
This paper analyzes a sequential game where firms decide about outsourcing the production of a non-specific input good to an imperfectly competitive input market. We apply the taxonomy of business strategies introduced by Fudenberg and Tirole (1984) to characterize the different equilibria. We...