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Technology Strategy and Product Diversity

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Author Info

  • Xiangkang Yin

    (School of Economics, La Trobe University)

Abstract

This paper considers a three-stage game of a differentiated oligopoly: firms first make their entry decisions, then they choose production technologies and in the third stage of the game they decide product prices. The technology choice can be understood as selecting a technology from a pool of recently available technologies as well as developing a new technology by innovative activities. The market equilibrium outcome is then compared with the social optimum.

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Bibliographic Info

Paper provided by School of Economics, La Trobe University in its series Working Papers with number 1996.14.

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Length: 48 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:trb:wpaper:1996.14

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Keywords: Economic Theory;

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