Revisiting Oligopolistic Reaction: Are FDI Decisions Strategic Complements

Keith Head, Thierry Mayer () and John Ries ()

Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)

Abstract: Knickerbocker (1973) introduced "oligopolistic Reaction" to explain why firms follow rivals into foreign markets. We develop a model that incorporates the central features of Knickerbocker's stroy - oligopoly, uncertainty, and risk aversion - to establish the conditions required to generate follow-the-leader behaviour.

Keywords: COMPETITION; OLIGOPOLIES; RISK (search for similar items in EconPapers)
JEL-codes: F23 R30 (search for similar items in EconPapers)
Date: 2001

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Related works:
Working Paper: Revisiting Oligopolistic Reaction: Are FDI Decisions Strategic Complements? (2000)
Working Paper: Revisiting Oligopolistic Reaction: Are FDI Decisions Strategic Complements? (2002)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:pariem:2001.49

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