出版社:Universidad Nacional de Colombia - Facultad de Ciencias Económicas
摘要:Non-cooperative network formation games in industrial organizations analyze how firms create links. We assume that links portray cost-reducing information and that access to this information is not reciprocal. We study the consequences in terms of profits if one firm can move first in establishing a link. A classic model of exogenous Stackelberg leadership is developed and first-mover advantage is observed.
其他摘要:Non-cooperative network formation games in industrial organizations analyzehow firms create links. We assume that links portray cost-reducing informationand that access to this information is not reciprocal. We study the consequences interms of profits if one firm can move first in establishing a link. A classic modelof exogenous Stackelberg leadership is developed and first-mover advantage isobserved.