In this paper we analyse limit pricing by an incumbent when faced by a multi-market entrant which can produce (subject to a constraint) in several markets simultaneously. We find that using three sizes of fixed costs, signalling occurs in even when entry cannot be deterred and that the limit...

In this paper we consider the traditional entry mode choice of an incumbent monopolist facing entry by a single foreign firm. By allowing entry to be either via exporting or foreign direct investment and for the possibility of Stackelberg equilibria where firms can set quantities in one of two...

In this paper we enrich the Brabander (1981) and Brander and Krugman (1983) model of reciprocal entry by placing it i a setting of two-sided asymetric information. Following the limit pricing methodology of Milgrom and Roberts (1982), we show that the limit price is affected by a firm''s desire...

In this paper we analyse limit pricing by an incumbent when faced by a multi-market entrant which can produce (subject to a constraint) in several markets simultaneously. We find that using three sizes of fixed costs, signalling occurs in even when entry cannot be deterred and that the limit...

In a single framework, I address the question of the informational basis for evaluating social states. I particularly focus on information about individual welfare, individual preferences and individual (moral) judgments, but the model is also open to any other informational input deemed...

Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin''s theorem (Maskin, 1999) is shown using a mechanism with Saijo''s type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social...

In the theory of judgment aggregation, it is known for which agendas of propositions it is possible to aggregate individual judgments into collective ones in accordance with the Arrow-inspired requirements of universal domain, collective rationality, unanimity preservation, non-dictatorship and...