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. Word searches: on the use of verbal and non-verbal resources during classroom talk2. Constructing the Phylomemetic Tree Case of Study: Indonesian Tradition-Inspired Buildings
3. The growing importance of risk in financial regulation
4. Should informal sector be subsidised?
5. Volunteering and the Strategic Value of Ignorance
6. Higher education funding reforms in England: the distributional effects and the shifting balance of costs
7. Measuring Semantic Similarity by Latent Relational Analysis
8. The name is absent
9. Non-farm businesses local economic integration level: the case of six Portuguese small and medium-sized Markettowns• - a sector approach
10. Labour Market Flexibility and Regional Unemployment Rate Dynamics: Spain (1980-1995)