Table 2. Subgame Perfect Equilibrium in the Mixed Oligopsony
|
Pre-innovation |
w |
4t-12t2ψ+(32t2ψ2-8tψ-3) pC+4tψpI |
|
Stage (Stage 1) |
wC(1) |
( 4 tψ + 1)(8tψ - 3) |
|
w |
t-4t2ψ+(4tψ-3) pC+4tψpI | |
|
wI(1) |
8 tψ - 3 | |
|
8tψ[3tψ - 1 + ψ(pc - Pi )] | ||
|
xC(1) |
( 4 tψ + 1)(8tψ - 3) | |
|
8t2ψ2+4tψ-3+8tψ2(pI-pC) | ||
|
xI(1) |
(4tψ +1)(8tψ - 3) | |
|
Innovation |
г* |
8t[3tψ - 1 + ψ(pc - Pi )] |
|
Stage (Stage 2) |
rC |
( 4 tψ +1)(8 tψ - 3) |
|
г* |
t(8tψ - 5) + [(8tψ + 3)(Pi - Pc )] | |
|
rI |
( 4 tψ +1)(8 tψ - 3) t(32tψ -13) + 3(pi - pc ) | |
|
rT |
( 4 tψ +1)(8 tψ - 3) | |
|
Post-innovation |
_ 8t[3tψ - 1 + ψ(pc - Pi )] | |
|
Stage (Stage 3) |
wC(3) |
Pc (4tψ +1)(8tψ - 3) |
|
w |
-5t +18t2ψ-16t3ψ3+ (16t2ψ2-2tψ-3) pc +2tψ(8tψ-1) pi | |
|
I(3) |
( 4 tψ +1)(8 tψ - 3) | |
|
x |
(8tψ + 3)[3tψ - 1 + ψ(pc - Pi )] | |
|
xC(3) |
( 4 tψ +1)(8 tψ - 3) | |
|
ψ[t(8tψ - 5) + (8tψ + 3)(Pi - Pc )] | ||
|
xI(3) |
( 4 tψ + 1)(8tψ - 3) |
More intriguing information
1. A Rare Case Of Fallopian Tube Cancer2. The Economic Value of Basin Protection to Improve the Quality and Reliability of Potable Water Supply: Some Evidence from Ecuador
3. The name is absent
4. The name is absent
5. Database Search Strategies for Proteomic Data Sets Generated by Electron Capture Dissociation Mass Spectrometry
6. Crime as a Social Cost of Poverty and Inequality: A Review Focusing on Developing Countries
7. The fundamental determinants of financial integration in the European Union
8. On the Relation between Robust and Bayesian Decision Making
9. ENERGY-RELATED INPUT DEMAND BY CROP PRODUCERS
10. The ultimate determinants of central bank independence