oligopoly. We start from a linear Cournot model to motivate our more general reducedform framework. For this general framework …

oligopoly. We start from a linear Cournot model to motivate our more general reduced-form framework. For this general framework …

quality-improving investments. In many commonly-studied oligopoly games, such investments are strategic substitutes. We derive … commonly-studied oligopoly models. We also highlight plausible countervailing effects from two distinct sources. First, leading …, when firms are sufficiently patient. Key words: oligopoly games, strategic substitutes, innovation, investment, increasing …

integration has no effect on training incentives. -- general training ; human capital ; oligopoly ; turnover …