Theory of Market Entry: Dynamic Games

 |  Login

Show simple item record

dc.contributor Aalto University en
dc.contributor Aalto-yliopisto fi
dc.contributor.advisor Murto, Pauli
dc.contributor.author Kuuttiniemi, Krista
dc.date.accessioned 2017-07-04T08:41:36Z
dc.date.available 2017-07-04T08:41:36Z
dc.date.issued 2017
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/27212
dc.description.abstract In this thesis I study the theory of market entry through dynamic games. I answer how economics describes market entry and how parties act in order to maximize their profits. I present the concepts of Nash equilibrium and subgame perfect Nash equilibrium in dynamic games. When studying market entry I first present models of sequential quantity competition using Stackelberg's model and the Spence-Dixit model. Second, I present sequential price competition with identical firms and with differentiated products. Third, I present sequential quality choice. In sequential price competition and in sequential quality choice I use variants of Hotelling's spacial model in my analysis. The models I study here are highly mathematical and abstract. Though these models do not provide a perfect answer in real life scenarios, they offer a guideline on firms' decision-making process in market entry. en
dc.format.extent 26
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.title Theory of Market Entry: Dynamic Games en
dc.type G1 Kandidaatintyö fi
dc.contributor.school Kauppakorkeakoulu fi
dc.contributor.school School of Business en
dc.contributor.department Taloustieteen laitos fi
dc.subject.keyword market entry en
dc.subject.keyword dynamic games en
dc.subject.keyword sequential games en
dc.subject.keyword game theory en
dc.identifier.urn URN:NBN:fi:aalto-201707046246
dc.type.ontasot Bachelor's thesis en
dc.type.ontasot Kandidaatintyö fi
dc.programme Taloustiede en


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search archive


Advanced Search

article-iconSubmit a publication

Browse

My Account