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A sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm. There are several possibilities of how this
A sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm. There are several possibilities of how this sequential game will be played. We want to use the Froeb rule of look ahead and reason back. Can and how does the entrant succeed? Is the incumbent ever in control of this game?
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