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Leadership and Early-Mover Advantage
(The MIT Press, 2011)
This chapter shows how the pure-strategy Nash equilibria in investment games can exhibit a sequencing of investment timing. The chapter is organized as follows. Section 11.1 discusses the basic deterministic game-theoretic ...
Oligopoly: Simultaneous Investment
(The MIT Press, 2011)
This chapter extends the analysis began in Chapter 9 which was about simultaneous investment oligopoly markets. It considers the following industry structures: oligopoly situations where firms add capacity in lump sums
Monopoly: Investment and Expansion Options
(The MIT Press, 2011)
This chapter examines the situation faced by a firm with exclusive access to a market or enjoying insurmountable structural barriers enabling it to ignore strategic interactions by rivals when devising its investment ...