Matches in SemOpenAlex for { <https://semopenalex.org/work/W2146221566> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W2146221566 endingPage "602" @default.
- W2146221566 startingPage "581" @default.
- W2146221566 abstract "This paper analyzes the strategic incentive of oligopolists to create autonomous rival divisions when products are differentiated. We consider a two-stage game where firms choose the number of autonomous divisions in the first stage and all the divisions engage in Cournot competition in the second. It is shown that product differentiation ensures the existence of an interior subgame perfect Nash equilibrium (SPNE), and the equilibrium number of divisions increases with the degree of substitution among products and the number of firms. Further, if divisions are allowed to divide further, they always will, which leads to total rent dissipation. Thus, parent firms have incentives to unilaterally restrict their divisions from further dividing. In the free-entry equilibrium, it is found that the possibility of setting up autonomous divisions is a natural barrier to entry. Incumbents may persistently earn abnormally high profits. In the cases where product differentiation is difficult, the only pure-strategy free-entry SPNE is the monopoly outcome even if the entry cost is relatively low." @default.
- W2146221566 created "2016-06-24" @default.
- W2146221566 creator A5059161489 @default.
- W2146221566 date "1999-12-01" @default.
- W2146221566 modified "2023-10-18" @default.
- W2146221566 title "Product Differentiation, Strategic Divisionalization, and Persistence of Monopoly" @default.
- W2146221566 cites W1562875783 @default.
- W2146221566 cites W2013934541 @default.
- W2146221566 cites W2034573369 @default.
- W2146221566 cites W207308276 @default.
- W2146221566 cites W2148240141 @default.
- W2146221566 cites W4242437890 @default.
- W2146221566 doi "https://doi.org/10.1111/j.1430-9134.1999.00581.x" @default.
- W2146221566 hasPublicationYear "1999" @default.
- W2146221566 type Work @default.
- W2146221566 sameAs 2146221566 @default.
- W2146221566 citedByCount "10" @default.
- W2146221566 countsByYear W21462215662020 @default.
- W2146221566 crossrefType "journal-article" @default.
- W2146221566 hasAuthorship W2146221566A5059161489 @default.
- W2146221566 hasConcept C148220186 @default.
- W2146221566 hasConcept C162324750 @default.
- W2146221566 hasConcept C16520705 @default.
- W2146221566 hasConcept C175444787 @default.
- W2146221566 hasConcept C175983524 @default.
- W2146221566 hasConcept C18903297 @default.
- W2146221566 hasConcept C199510392 @default.
- W2146221566 hasConcept C2524010 @default.
- W2146221566 hasConcept C2781090088 @default.
- W2146221566 hasConcept C2781127519 @default.
- W2146221566 hasConcept C29122968 @default.
- W2146221566 hasConcept C33556415 @default.
- W2146221566 hasConcept C33923547 @default.
- W2146221566 hasConcept C40700 @default.
- W2146221566 hasConcept C46814582 @default.
- W2146221566 hasConcept C86803240 @default.
- W2146221566 hasConcept C90673727 @default.
- W2146221566 hasConcept C91306197 @default.
- W2146221566 hasConceptScore W2146221566C148220186 @default.
- W2146221566 hasConceptScore W2146221566C162324750 @default.
- W2146221566 hasConceptScore W2146221566C16520705 @default.
- W2146221566 hasConceptScore W2146221566C175444787 @default.
- W2146221566 hasConceptScore W2146221566C175983524 @default.
- W2146221566 hasConceptScore W2146221566C18903297 @default.
- W2146221566 hasConceptScore W2146221566C199510392 @default.
- W2146221566 hasConceptScore W2146221566C2524010 @default.
- W2146221566 hasConceptScore W2146221566C2781090088 @default.
- W2146221566 hasConceptScore W2146221566C2781127519 @default.
- W2146221566 hasConceptScore W2146221566C29122968 @default.
- W2146221566 hasConceptScore W2146221566C33556415 @default.
- W2146221566 hasConceptScore W2146221566C33923547 @default.
- W2146221566 hasConceptScore W2146221566C40700 @default.
- W2146221566 hasConceptScore W2146221566C46814582 @default.
- W2146221566 hasConceptScore W2146221566C86803240 @default.
- W2146221566 hasConceptScore W2146221566C90673727 @default.
- W2146221566 hasConceptScore W2146221566C91306197 @default.
- W2146221566 hasIssue "4" @default.
- W2146221566 hasLocation W21462215661 @default.
- W2146221566 hasOpenAccess W2146221566 @default.
- W2146221566 hasPrimaryLocation W21462215661 @default.
- W2146221566 hasRelatedWork W1486907088 @default.
- W2146221566 hasRelatedWork W1994006552 @default.
- W2146221566 hasRelatedWork W2013934541 @default.
- W2146221566 hasRelatedWork W2026718023 @default.
- W2146221566 hasRelatedWork W2097527106 @default.
- W2146221566 hasRelatedWork W2146221566 @default.
- W2146221566 hasRelatedWork W2285266580 @default.
- W2146221566 hasRelatedWork W3014295376 @default.
- W2146221566 hasRelatedWork W3125736856 @default.
- W2146221566 hasRelatedWork W4251468369 @default.
- W2146221566 hasVolume "8" @default.
- W2146221566 isParatext "false" @default.
- W2146221566 isRetracted "false" @default.
- W2146221566 magId "2146221566" @default.
- W2146221566 workType "article" @default.