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A flexible strategy for warring duopolists

Published online by Cambridge University Press:  17 February 2009

John Rickard  and
Neville Hathaway
John Rickard
Affiliation:
The Graduate School of Management, University of Melbourne, Parkville, Victoria 3052, Australia.
Neville Hathaway
Affiliation:
The Graduate School of Management, University of Melbourne, Parkville, Victoria 3052, Australia.
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Abstract

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The behaviour of duopolists is considered within a framework that allows for flexibility of the adopted strategy against the rival. In a difficult external climate, a firm may concentrate on its own profit, whereas in a more favourable external climate, it may adopt a more aggressive attitude towards the rival. The strategy considered in this paper permits this flexible approach. The market functions are kept general to allow the widest interpretation of the results.

Information

Type
Research Article
Information
The ANZIAM Journal , Volume 30 , Issue 1 , July 1988 , pp. 79 - 88
Copyright
Copyright © Australian Mathematical Society 1988

References

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