The impact of the potential entry of copycats: Entry conditions, consumer welfare, and social welfare
This article examines the implications of the potential entry of a copycat who produces and sells a copycat (i.e., imitation) product that competes with the incumbent product. By analyzing a two-period dynamic noncooperative game between these two firms, we identify conditions under which the copyca...
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Main Authors: | GAO, Sarah Y., LIM, Wei Shi, TANG, Christopher |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2016
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5275 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6274/viewcontent/Gao_et_al_2016_ImpactPotentialEntryCopycats.pdf |
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Institution: | Singapore Management University |
Language: | English |
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