Scandinavian Working Papers in Economics

SSE/EFI Working Paper Series in Economics and Finance,
Stockholm School of Economics

No 21: On Flexibility in Oligopoly

Tore Ellingsen ()
Additional contact information
Tore Ellingsen: Dept. of Economics, Stockholm School of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden

Abstract: The paper demonstrates that, even when firms' initial moves are simultaneous, the mere opportunity to wait out the opponent's move may be as harmful as a secondmover disadvantage.

Keywords: Oligopoly; flexibility; Stackelberg; first mover advantage

JEL-codes: L13

9 pages, June 1994

Download statistics

Published as
Tore Ellingsen, (1995), 'On Flexibility in Oligopoly', Economics Letters, vol 48, pages 83-89

Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:hastef:0021This page generated on 2024-09-13 22:15:03.