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Efficiency of dynamic quantity competition: A remark on Markovian equilibria

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  • Lahmandi-Ayed, Rim
  • Ponssard, Jean-Pierre
  • Sevy, David
Abstract
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  • Lahmandi-Ayed, Rim & Ponssard, Jean-Pierre & Sevy, David, 1996. "Efficiency of dynamic quantity competition: A remark on Markovian equilibria," Economics Letters, Elsevier, vol. 50(2), pages 213-221, February.
    • Handle: RePEc:eee:ecolet:v:50:y:1996:i:2:p:213-221
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    References listed on IDEAS

    as
    1. Farrell, Joseph, 1986. "How effective is potential competition?," Economics Letters, Elsevier, vol. 20(1), pages 67-70.
    2. Maskin, Eric & Tirole, Jean, 1988. "A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs," Econometrica, Econometric Society, vol. 56(3), pages 549-569, May.
    3. B. Curtis Eaton & Richard G. Lipsey, 1980. "Exit Barriers are Entry Barriers: The Durability of Capital as a Barrier to Entry," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 721-729, Autumn.
    4. Wilson, Robert, 1992. "Strategic models of entry deterrence," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 10, pages 305-329, Elsevier.
    5. Ponssard, Jean-Pierre, 1991. "Forward induction and sunk costs give average cost pricing," Games and Economic Behavior, Elsevier, vol. 3(2), pages 221-236, May.
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    Cited by:

    1. Jean-Pierre Ponssard, 2004. "Rent Dissipation in Repeated Entry Games: Some New Results," CESifo Working Paper Series 1186, CESifo.
    2. Jean-Pierre Ponssard, 2007. "Productive Efficiency and Contestable Markets," Working Papers hal-00243066, HAL.
    3. Gromb, Denis & Ponssard, Jean-Pierre & Sevy, David, 1997. "Selection in Dynamic Entry Games," Games and Economic Behavior, Elsevier, vol. 21(1-2), pages 62-84, October.

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