Multinational learning under asymmetric information.
The aim of this paper is to analyze the competition between a multinational and the incumbent firm in a foreign market under asymmetric information about demand and unobservable outputs. It is shown that the incumbent firm increases its production in the first period to signal to the multinational t...
| Publicado en: | Southern Economic Journal Vol. 67; no. 3; pp. 637 - 656 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Southern Economic Association
January 2001
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510154143&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510154143 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: January 2001 vid: 67 iid: 3 pid: 1482 pub: Southern Economic Association artinfo: ui: 510154143 10.2307/1061455 ppf: 637 ppct: 19 formats: fmt: @attributes: type: T tig: atl: Multinational learning under asymmetric information. aug: au: Jain, Neelam Mirman, Leonard J. su: Mathematical models of supply & demand Information theory in economics Mathematical models International business enterprises sug: subj: Mathematical models of supply & demand Information theory in economics Mathematical models International business enterprises ab: The aim of this paper is to analyze the competition between a multinational and the incumbent firm in a foreign market under asymmetric information about demand and unobservable outputs. It is shown that the incumbent firm increases its production in the first period to signal to the multinational that the demand is low. The multinational reduces its output in the foreign market in order to signal-jam. In addition, the multinational increases its production in the other market. However, total production of the multinational is lower. Implications for research and development expenditure by the multinational are examined. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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