Judo economics in markets with asymmetric firms

被引：1
|
作者：
Cracau, Daniel [1 ]
机构：
[1] Univ Magdeburg, Fac Econ & Management, D-39106 Magdeburg, Germany
来源：
ECONOMICS LETTERS | 2013年 / 119卷 / 01期
关键词：
Sequential Bertrand competition; Judo economics; Asymmetric firms; Cost; Quality; PRICE; ENTRY; COMPETITION; DUOPOLY;
D O I：
10.1016/j.econlet.2013.01.016
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
I study a market entry game with price competition and perfectly substitutable products. Limiting the initial capacity (Judo economics) is a plausible entry strategy. I show that under asymmetry in production cost or product quality, capacity limitation can become obsolete. (C) 2013 Elsevier B.V. All rights reserved.
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页码：35 / 37
页数：3
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