Arbeitspapier
The consequences of endogenous timing for diversification strategies of multimarket firms
When firms diversify into new markets in spite of the existence of diseconomies of scope, not only firms' profits are affected, but also potential welfare is reduced. Nevertheless, multimarket competition is the outcome of a game when players move simultaneously. A Cournot model is developped where players can choose the timing of their action before deciding over quantities. This helps firms to avoid the inefficiencies that ocur with multimarket competition. Whenever the timing game has an impact on the outcome of the basic game, the consequences for welfare are positive.
- Language
-
Englisch
- Bibliographic citation
-
Series: WZB Discussion Paper ; No. FS IV 97-34
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Neubauer, Silke
- Event
-
Veröffentlichung
- (who)
-
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
- (where)
-
Berlin
- (when)
-
1997
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Neubauer, Silke
- Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Time of origin
- 1997
Other Objects (12)
Endogenous Timing and the Taxation of Discrete Investment Choices
Timing of wild bee emergence: mechanisms and fitness consequences
Creditor coordination with social learning and endogenous timing of credit decisions
Creditor coordination with social learning and endogenous timing of credit decisions
Phylogenetic Timing of the Fish-Specific Genome Duplication Correlates with the Diversification of Teleost Fish
Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets
Endogenous timing and the choice of quality in a vertically differentiated duopoly
A comparison of endogenous and exogenous timing in a social learning experiment
Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets
Endogenous Timing in Quality Investments and Price Competition
Social and private learning with endogenous decision timing
Endogenous timing in quality choices and price competition
Endogenous Timing and the Taxation of Discrete Investment Choices
Timing of wild bee emergence: mechanisms and fitness consequences
Creditor coordination with social learning and endogenous timing of credit decisions
Creditor coordination with social learning and endogenous timing of credit decisions
Phylogenetic Timing of the Fish-Specific Genome Duplication Correlates with the Diversification of Teleost Fish
Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets
Endogenous timing and the choice of quality in a vertically differentiated duopoly
A comparison of endogenous and exogenous timing in a social learning experiment
Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets
Endogenous Timing in Quality Investments and Price Competition
Social and private learning with endogenous decision timing
Endogenous timing in quality choices and price competition
Endogenous Timing and the Taxation of Discrete Investment Choices
Timing of wild bee emergence: mechanisms and fitness consequences
Creditor coordination with social learning and endogenous timing of credit decisions
Creditor coordination with social learning and endogenous timing of credit decisions
Phylogenetic Timing of the Fish-Specific Genome Duplication Correlates with the Diversification of Teleost Fish
Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets
Endogenous timing and the choice of quality in a vertically differentiated duopoly
A comparison of endogenous and exogenous timing in a social learning experiment
Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets
Endogenous Timing in Quality Investments and Price Competition
Social and private learning with endogenous decision timing