Partial commitment in an endogenous timing duopoly

A duopoly game with timing announcements endogenizes the sequence of commitments. In duopolistic price competition, endogenous moves lead to a coordination problem with two non-Pareto ranked subgame perfect equilibria (SPEs). In these SPEs both firms prefer followership to leadership. We suggest tha...

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Bibliographic Details

Main Author:	Ilkka Leppanen
Format:	Default Article
Published:	2019
Subjects:	Other commerce, management, tourism and services not elsewhere classified Partial commitments Endogenous timing Price competition Cost uncertainty Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/36528
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