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Managing Dynamic Competition Author info | Abstract | Publisher info | Download info | Related research | Statistics Tracy R. Lewis
Huseyin Yildirim
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In many important high-technology markets, including software development, data processing, communications, aeronautics, and defense, suppliers learn through experience how to provide better service at lower cost. This paper examines how a buyer designs dynamic competition among rival suppliers to exploit learning economies while minimizing the costs of becoming locked in to one producer. Strategies for controlling dynamic competition include the handicapping of more efficient suppliers in procurement competitions, the protection and allocation of intellectual property, and the sharing of information among rival suppliers. (JEL C73, D44, L10)
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Article provided by American Economic Association in its journal American Economic Review .
Volume (Year): 92 (2002)
Issue (Month): 4 (September)
Pages: 779-797
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Handle: RePEc:aea:aecrev:v:92:y:2002:i:4:p:779-797Contact details of provider: Email: Web page: http://www.aeaweb.org/aer/ More information through EDIRC
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Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
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Other versions: Bergemann, Dirk & Valimaki, Juuso, 1996.
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Other versions: Rebecca Achee Thornton & Peter Thompson, 2001.
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American Economic Review ,
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Cabral, Luis M B & Riordan, Michael H, 1994.
"The Learning Curve, Market Dominance, and Predatory Pricing ,"
Econometrica ,
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Other versions:
Cabral, L. & Riordan, M., 1992.
"The Learning Curve, Market Dominance and Predatory Pricing ,"
Papers
39, Boston University - Industry Studies Programme.
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Other versions: Rustichini, Aldo & Wolinsky, Asher, 1995.
"Learning about variable demand in the long run ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 19(5-7), pages 1283-1292.
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A. M. Spence, 1981.
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Bell Journal of Economics ,
The RAND Corporation, vol. 12(1), pages 49-70, Spring.
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Jehiel, Philippe & Moldovanu, Benny & Stacchetti, Ennio, 1996.
"How (Not) to Sell Nuclear Weapons ,"
American Economic Review ,
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Other versions: Marvin B. Lieberman, 1984.
"The Learning Curve and Pricing in the Chemical Processing Industries ,"
RAND Journal of Economics ,
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Gary Biglaiser & Nikolaos Vettas, 2007.
"Dynamic price competition with capacity constraints and strategic buyers ,"
Working Papers
24, Portuguese Competition Authority.
[Downloadable!]
Jackie Krafft, 2005.
"Innovation, coopération temporaire et processus de concurrence ,"
Post-Print
hal-00203618_v1, HAL.
[Downloadable!]
Biglaiser, Gary & Vettas, Nikolaos, 2004.
"Dynamic Price Competition with Capacity Constraints and Strategic Buyers ,"
CEPR Discussion Papers
4315, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
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