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Author:Athey, S.
Schmutzler, A.
Title:Investment and market dominance
Journal:RAND Journal of Economics
2001 : SPRING, VOL. 32:1, p. 1-26
Index terms:INVESTMENT
ECONOMIC AGGREGATES
MARKET CONDITIONS
COMPETITION
Language:eng
Abstract:A model of oligopolistic competition with ongoing investment is analyzed. Special cases include incremental investment, patent races, learning by doing, and network externalities. A new comparative statics result for general games with strategic substitutes, which applies to our investment game, is derived.
SCIMA record nr: 225024
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