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Technological leadership and persistence of monopoly under endogenous entry: static versus dynamic analysis

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    SYSNO ASEP0334057
    Document TypeJ - Journal Article
    R&D Document TypeJournal Article
    Subsidiary JOstatní články
    TitleTechnological leadership and persistence of monopoly under endogenous entry: static versus dynamic analysis
    Author(s) Kováč, Eugen (NHU-N) RID
    Vinogradov, Viatcheslav (NHU-N)
    Žigić, K. (CZ)
    Source TitleCERGE-EI Working Paper Series - ISSN 1211-3298
    -, č. 401 (2009), s. 1-38
    Number of pages38 s.
    Publication formwww - www
    Languageeng - English
    CountryCZ - Czech Republic
    Keywordsdynamic oligopoly ; endogenous entry ; persistence of monopoly
    Subject RIVAH - Economics
    R&D ProjectsLC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS)
    CEZAV0Z70850503 - NHU-N (2005-2011)
    AnnotationWe build a dynamic oligopoly model with endogenous entry in which a particular firm (leader) invests in an innovation process, facing the subsequent entry of other firms (followers). We identify conditions that make it optimal for the leader in the initial oligopoly situation to undertake pre-emptive R&D investment (strategic predation) eventually resulting in the elimination of all followers.
    WorkplaceEconomics Institute
    ContactTomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
    Year of Publishing2010
Number of the records: 1  

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