Strategic inattention of multi-product firms with free entry

IF 0.8 4区管理学 Q4 OPERATIONS RESEARCH & MANAGEMENT SCIENCE

Operations Research Letters Pub Date : 2024-01-01 DOI:10.1016/j.orl.2024.107068

Lijun Pan

引用次数: 0

Abstract

This paper considers the strategic (in)attention of multi-product firms with endogenous product range choice and introduces free entry prior to firms' strategic choices on attention or inattention. We find that within-firm cannibalization of multi-product firms plays a key role in determining firms' strategic behavior. Furthermore, with free entry, we identify a single threshold that determines whether all the entrants are attentive or inattentive, and hence the market structure is unique almost everywhere.

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自由进入的多产品企业的战略疏忽

本文研究了具有内生产品范围选择的多产品企业的战略（不）关注问题，并在企业做出关注或不关注的战略选择之前引入了自由进入。我们发现，多产品企业的内部蚕食在决定企业战略行为方面起着关键作用。此外，在自由进入的情况下，我们确定了一个单一的阈值，该阈值决定了所有进入者是专注还是不专注，因此市场结构几乎在所有地方都是唯一的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Operations Research Letters 管理科学-运筹学与管理科学

CiteScore

2.10

自引率

9.10%

发文量

111

审稿时长

83 days

期刊介绍： Operations Research Letters is committed to the rapid review and fast publication of short articles on all aspects of operations research and analytics. Apart from a limitation to eight journal pages, quality, originality, relevance and clarity are the only criteria for selecting the papers to be published. ORL covers the broad field of optimization, stochastic models and game theory. Specific areas of interest include networks, routing, location, queueing, scheduling, inventory, reliability, and financial engineering. We wish to explore interfaces with other fields such as life sciences and health care, artificial intelligence and machine learning, energy distribution, and computational social sciences and humanities. Our traditional strength is in methodology, including theory, modelling, algorithms and computational studies. We also welcome novel applications and concise literature reviews.