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Inefficient entry order in pre...
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Steg, Jan-Henrik
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International journal of industrial organization
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Games and economic behavior
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Dynamic games and applications : DGA
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2005 Meeting Papers
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Cahiers de recherche du Département des sciences économiques, UQAM
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Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
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RePEc
102
ECONIS (ZBW)
93
EconStor
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BASE
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1
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217
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51
Preemptive investment under uncertainty
Steg, Jan-Henrik
-
2015
, the determination of equilibria with
preemption
is reduced to solving a single class of constrained stopping problems. The …
Persistent link: https://www.econbiz.de/10011582515
Saved in:
52
On
preemption
in discrete and continuous time
Steg, Jan-Henrik
-
2016
The seminal work of Fudenberg and Tirole (1985) on how
preemption
erodes the value of an option to wait raises general … result, relying on an "infinitely fine grid". Here it is shown that the
preemption
equilibrium is the limit of the unique …
Persistent link: https://www.econbiz.de/10011582522
Saved in:
53
Preemptive Behavior in Sequential-Move Tournaments with Heterogeneous Agents
Jost, Peter-Jürgen
;
Kräkel, Matthias
-
2004
Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequential. We show that agents’ strategic behavior in sequential-move tournaments significantly differ from the one in simultaneous-move tournaments: In a sequential-move tournament with...
Persistent link: https://www.econbiz.de/10010263117
Saved in:
54
Equilibrium and efficiency in the tug-of-war
Konrad, Kai A.
;
Kovenock, Dan
-
2005
We characterize the unique Markov perfect equilibrium of a tug-of-war without exogenous noise, in which players have the opportunity to engage in a sequence of battles in an attempt to win the war. Each battle is an all-pay auction in which the player expending the greater resources wins. In...
Persistent link: https://www.econbiz.de/10010274454
Saved in:
55
Essays in pharmaceutical economics.
Snider, Julia Thornton
-
2010
University of Minnesota Ph.D. dissertation. April 2010. Major: Economics. Advisor: Thomas J. Holmes. 1 computer file (PDF); xi, 167 pages, appendices A-C. Ill. (some col.)
Persistent link: https://www.econbiz.de/10009462778
Saved in:
56
Investment Strategies under Uncertainty: Theory and evidence of
preemption
in case of geographical market entrance
Karoly, Andrea
-
2007
that the softer competition does not force the stronger firm to enter the market at his
preemption
point and as a … entrance compared to the duopolist leader
preemption
point. Hence, one additional competitor accelerates the first market entry …
Persistent link: https://www.econbiz.de/10009484808
Saved in:
57
Dynamic agenda setting
Chen, Ying
;
Eraslan, Hülya
-
2015
identify strategic manipulations in the forms of waiting for the moment, seizing the moment, steering, and
preemption
depending …
Persistent link: https://www.econbiz.de/10011440125
Saved in:
58
Entry and shakeout in dynamic oligopoly
Hünermund, Paul
;
Schmidt-Dengler, Philipp
;
Takahashi, Yuya
-
2014
is characterized by
preemption
motives while the shakeout phase mimics a war of attrition. We show that dynamic strategic …
Persistent link: https://www.econbiz.de/10010457062
Saved in:
59
Intellectual property rights in a quality-ladder model with persistent leadership
Kiedaisch, Christian
-
2012
This article analyzes the effects of intellectual property rights in a qualityladder model in which incumbent firms preemptively innovate in order to keep their position of leadership. Unlike in models with leapfrogging, granting nonexpiring forward protection reduces the rate of innovation and...
Persistent link: https://www.econbiz.de/10010316839
Saved in:
60
Disentangling the link between stock and accounting performance in acquisitions
Betzer, André
;
Goergen, Marc
-
2011
While empirical studies that use event-study methodology find on average that the gains from mergers and acquisitions are positive, those focusing on accounting figures tend to find a significant drop in performance. We argue that each of the four possible combinations between positive or...
Persistent link: https://www.econbiz.de/10010291123
Saved in:
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