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Economics

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Strategic Bidding by Potential Competitiors: Will Monopoly Persist?

Article Abstract:

Determining a winner between a monopolist and a new entrant involving a product depends on its relation to the existing product of the monopolist. Where the two products are strategic complements, the monopolist tends to win, but it is otherwise where the two products are strategic substitutes.

United States, Research, Monopolistic competition, Substitute products

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Investment Dynamics in Markets with Endogenous Demand

Article Abstract:

Entry into new markets depend on the level and shapes of diffusion paths which are affected by externalities, and because capacity expansion is slow when return and cultivation of market are not fully appropriated.

United Kingdom, Market Research, Evaluation, Investments, Market share, Comparative advantage (Commerce), Comparative advantage

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Compatibility and Bundling with Generalist and Specialist Firms

Article Abstract:

The situation where a generalist firm suppplying both components of a system competes with two specialist firms who supply only one of each, is discussed and analysed.

Italy, Market information - general, Pricing Policy, Pricing, Principal components analysis, Compatible hardware, Compatibility (Computers)

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