The Effect of Exit on Entry Deterrence Strategies

by Federal Trade Commission

The ability of incumbent firms to maintain their market power by deterring entry has been a topic of considerable interest for some time. With the advent of game theory, economists have recognized that entry deterrence strategies must be credible. Imposing this credibility requirement on an incumbent's strategy in a price or quantity setting game with the entrant has had a profound effect on the analysis of several types of entrydeterrence strategies,...

• Format: Paperback
• Language: English
• ISBN: 1502355205
• ISBN13: 9781502355201
• Release Date: September 2014
• Publisher: Createspace Independent Publishing Platform
• Length: 38 Pages
• Weight: 0.25 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"