Concluding Comments: Whither Rivalry, Conflicts and Cooperation?

Partha Gangopadhyay

Chapter 14 in Economics of Rivalry, Conflict and Cooperation, 2010, pp 313-337 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractIn Chapter 1, we examine various forms of rivalry, conflict and collusion in oligopolies with market segmentation. The primary intuition is that market segmentation creates an opportunity (potential rivalry) for a business firm to enter into other markets that can have a serious impact on the overall equilibrium configuration through the effects of potential entry on the incentives of and constraints on incumbent firms. On a similar note, market segmentation offers new scope for cooperation among incumbents to forestall entry and potential rivalry. There is little literature on this important issue examined in Chapter 1. Entries and exits, through their effects on the cost asymmetry in a segmented market, can trigger a series of endogenouslydriven changes in a market…

Keywords: Globalization, Scarcity of Resources, Game Theory; , Interactive Decision-Making, Equilibrium Behaviour, Nash Equilibria, Stability of Nash Equilibria, Rivalry, Costly Conflict, Cooperation, (search for similar items in EconPapers)
Date: 2010
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