This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.Only when technological innovation is particularly important and fixed costs of investment in Raamp;D are high, while marginal costs of ... market shares, and Nintendo is still active, but the leadership of Sony (65% market share in 2004) does not appear under threat yet, especially after the recent successful launch of PlayStation 3. ... (which are typically subsidized). character-based user interface that required users to type specific instructions 6.1 The Software Market 215 6.1.3 Microsoft.
|Title||:||Competition, Innovation, and Antitrust|
|Publisher||:||Springer Science & Business Media - 2007-09-05|