Managing dynamic competition

Loading...
Thumbnail Image

Date

2002-09-01

Journal Title

Journal ISSN

Volume Title

Repository Usage Stats

268
views
499
downloads

Citation Stats

Attention Stats

Abstract

In many important high-technology markets, including software development, data processing, communications, aeronautics, and defense, suppliers learn through experience how to provide better service at lower cost. This paper examines how a buyer designs dynamic competition among rival suppliers to exploit learning economies while minimizing the costs of becoming locked in to one producer. Strategies for controlling dynamic competition include the handicapping of more efficient suppliers in procurement competitions, the protection and allocation of intellectual property, and the sharing of information among rival suppliers. (JEL C73, D44, L10).

Department

Description

Provenance

Subjects

Citation

Published Version (Please cite this version)

10.1257/00028280260344461

Publication Info

Lewis, TR, and H Yildirim (2002). Managing dynamic competition. American Economic Review, 92(4). pp. 779–797. 10.1257/00028280260344461 Retrieved from https://hdl.handle.net/10161/1737.

This is constructed from limited available data and may be imprecise. To cite this article, please review & use the official citation provided by the journal.


Unless otherwise indicated, scholarly articles published by Duke faculty members are made available here with a CC-BY-NC (Creative Commons Attribution Non-Commercial) license, as enabled by the Duke Open Access Policy. If you wish to use the materials in ways not already permitted under CC-BY-NC, please consult the copyright owner. Other materials are made available here through the author’s grant of a non-exclusive license to make their work openly accessible.