Bandit products have captured significant market shares in China and have started to expand throughout the world. A striking feature of supply chains for bandit products is decentralization, where the upstream firm determines the product quality and the downstream firms compete on prices. We...

The entrant's integrative capability - the capability of a firm to integrate and link various activities - is a critical aspect of strategic changes but has been largely ignored in game-theoretic treatments. Including such integrative capability changes the nature of strategic dynamics and the...