On the role of demand and strategic uncertainty in capacity investment and disinvestment dynamics

International Journal of Industrial Organization

Volumn 28, Issue 4, 2010, Pages 383-389

  Besanko, David ^a   Doraszelski, Ulrich ^b   Lu, Lauren Xiaoyuan ^c   Satterthwaite, Mark ^a  

^a NORTHWESTERN UNIVERSITY   (United States)

^b HARVARD UNIVERSITY   (United States)

^c UNIVERSITY OF NORTH CAROLINA   (United States)

Author keywords

Capacity investment and disinvestment; Demand uncertainty; Dynamic stochastic games; Markov perfect equilibrium; Strategic uncertainty

Indexed keywords

CAPACITY INVESTMENT; DEMAND SHOCKS; DEMAND UNCERTAINTY; MARKOV-PERFECT EQUILIBRIUM; OLIGOPOLISTIC INDUSTRY; PARAMETER VALUES; SMALLER FIRMS; STATUS QUO; STEADY STATE; STRATEGIC UNCERTAINTY;

INDUSTRY; STOCHASTIC SYSTEMS;

INVESTMENTS;

EID: 77955660907     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ijindorg.2010.02.013     Document Type: Article

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