Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Tuesday, October 9, 2012

Strategic commitment to pursue a goal other than profit in a Cournot duopoly

Posted by D. Daniel Sokol

Dimitry Rtischev, Gakushuin University analyzes Strategic commitment to pursue a goal other than profit in a Cournot duopoly.

ABSTRACT: Competition among profit-seeking firms in an oligopolistic industry inherently generates incentives for firms to commit to maximize a performance metric other than profit. We briefly review the underlying theory, analyze its ramifications in a Cournot duopoly, and consider feasibility constraints from the perspective of strategic management.

http://lawprofessors.typepad.com/antitrustprof_blog/2012/10/strategic-commitment-to-pursue-a-goal-other-than-profit-in-a-cournot-duopoly-.html

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