Competition, timing of entry and welfare in a preemption game

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 3
Pages: 509-512

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We show that in a preemption game of entry into a Cournot market, increasing the number of competitors beyond duopoly does not bring forward the time of first entry. We also show that all entries, except the first one, occur earlier than socially optimal.

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:3:p:509-512
Journal Field
General
Author Count
2
Added to Database
2026-01-24