search query: @journal_id 1626 / total: 27
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| Author: | Mai, C-C. Hwang, H. |
| Title: | Technology choice under duopoly |
| Journal: | Pacific Economic Review
1999 : FEB, VOL. 4:1, p. 31-42 |
| Index terms: | Costs Companies Competition Markets Oligopoly Technology |
| Language: | eng |
| Abstract: | The paper presents a conjectural variation approach to demonstrate that competing firms will often distort their cost structures away from strict cost minimization for strategic reasons. The results are in sharp contrast to the conventional wisdom based on monopolized or perfectly competitive markets. |
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