Munich Personal RePEc Archive

Strategic commitment to pursue a goal other than profit in a Cournot duopoly

Rtischev, Dimitry (2012): Strategic commitment to pursue a goal other than profit in a Cournot duopoly. Published in: Gakushuin Economic Papers , Vol. 49, No. 2 (July 2012): pp. 133-142.

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Abstract

Competition among profit-seeking firms in an oligopolistic industry inherently generates incentives for firms to commit to maximize a performance metric other than profit. We briefly review the underlying theory, analyze its ramifications in a Cournot duopoly, and consider feasibility constraints from the perspective of strategic management.

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