Sequential versus simultaneous choice with endogenous quality

International Journal of Industrial Organization

Volumn 15, Issue 1, 1997, Pages 103-121

  Aoki, Reiko ^a   Prusa, Thomas J ^b,c  

^a STONY BROOK UNIVERSITY   (United States)

^b RUTGERS UNIVERSITY   (United States)

^c NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Endogenous quality choice; Investment timing; R D

Indexed keywords

EID: 0031542790     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/0167-7187(95)00516-1     Document Type: Article

References (9)

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4. Grabowski, H.G. and J.M. Vernon, 1983, The regulation of pharmaceuticals: Balancing the benefits and risks, American Institute for Public Policy Research, Washington, DC.
5. Kreps, David M., 1991, A course in microeconomic theory (Princeton University Press, Princeton, NJ).
6. Motta, Massimo, 1993, Endogenous quality choice: Price vs. quantity competition, Journal of Industrial Economics 41, 113-132.
7. Reinganum, J.F., 1985, A two-stage model of research and development with endogenous second-mover advantages, International Journal of Industrial Organization 3, 275-292.
8. Shaked, A. and J. Sutton, 1982, Relaxing price competition through product differentiation, Review of Economic Studies 49, 3-13,
9. Tirole, Jean, 1988, The theory of industrial organization (MIT Press, Cambridge, MA).