The Brag is Worse than the Fight: Pre-Announcing Competitive Decisions in Oligopoly Markets

Abstract

We examine a duopolistic setting in which firms pre-announce their future competitive decisions (e.g., production quantities, capacity investments, etc.) before they actually undertake them. We show that, whether competing with substitute or complementary products, firms overstate their future actions in their pre-announcements, and choose higher real… (More)

Topics

9 Figures and Tables

Cite this paper

@inproceedings{Corona2015TheBI, title={The Brag is Worse than the Fight: Pre-Announcing Competitive Decisions in Oligopoly Markets}, author={Carlos Corona and Lin Nan and Mark Bagnoli and Tim Baldenius and Jeremy Bertomeu and Anne M Beyer and Mingcherng Deng and Ron Dye and Pingyang Gao and Jon Glover and Bjorn N. Jorgensen and Chandra Kanodia}, year={2015} }