Motivated by the slow diffusion of generic drugs and the increase in prices of brand-name drugs after generic entry, I … incorporate consumer learning and consumer heterogeneity into an empirical dynamic oligopoly model. In the model, firms choose … prices to maximize their expected total discounted profits. Moreover, generic firms make their entry decisions before patent …

In a two-tier oligopoly, where the downstream firms are locked in pair-wise exclusive relationships with their upstream …

A Cournot oligopoly in which firms face incomplete information with respect to production capacities is studied. For …). -- Oligopoly ; Incomplete Information ; Cournot ; Capacity Constraints ; Information Sharing …

firms compete in an international Cournot oligopoly, and in which countries use strategic trade policy. We find that firms …