haku: @indexterm INVESTMENT / yhteensä: 2128
viite: 312 / 2128
| Tekijä: | Nielsen, M.J. |
| Otsikko: | Competition and irreversible investments |
| Lehti: | International Journal of Industrial Organization
2002 : MAY, VOL. 20:5, p. 731-743 |
| Asiasana: | COMPETITION INVESTMENT MONOPOLY PROFIT |
| Kieli: | eng |
| Tiivistelmä: | Incumbent monopolists frequently claim that the introduction of competition will reduce future profits and therefore delay future investments. In this paper the authors show that not only is this not generally true, but in the oligopolistic industry model of Dixit and Pindyck (Investment under uncertainty, 1994) this is never the case. |
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