منابع مشابه
Strategic Trade and Delegated Competition∗
Strategic trade theory has been criticized on the grounds that its predictions are overly sensitive to modeling assumptions. Applying recent results in duopoly theory, this paper considers three-stage games in which governments choose subsidies, firms’ owners choose incentive schemes for their managers, and then the managers compete in the product market. We show that if firms’ owners have suff...
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We show that intermediate goods can be sourced to firms on the “outside” (that do not compete in the final product market), even when there are no economies of scale or cost advantages for these firms. What drives the phenomenon is that “inside” firms, by accepting such orders, incur the disadvantage of becoming Stackelberg followers in the ensuing competition to sell the final product. Thus th...
متن کاملStrategic Ambiguity in Electoral Competition*
Many have observed that political candidates running for election are often purposefully expressing themselves in vague and ambiguous terms. In this paper we provide a simple formal model of this phenomenon. We model the electoral competition between two candidates as a two-stage game. In the first stage of the game two candidates simultaneously choose their ideologies, and in the second stage ...
متن کاملTechnological Competition and Strategic Alliances*
Using a large unique patent-strategic alliance dataset over the period 1990 to 2004, we first show that firms faced with greater technological competition are more likely to form alliances. Technological competition is captured by a cosine similarity measure between a firm’s own patent output and the patent output of all other firms in the economy. We further show that alliances lead to more pa...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1681348