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Oligopolistic reaction

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Oligopolistic reaction

An oligopolistic reaction is a concept from economics

Economics

File:Ballard Farmers' Market - vegetables.jpgEconomics is the Social sciences that studies the Production theory basics, Distribution , and Consumption of Good and Service ....
introduced by Frederick T. Knickerbocker (Oligopolistic Reaction and Multinational Enterprise, Cambridge, MA: Harvard University Press

Harvard University Press

Harvard University Press is a publishing house, a division of Harvard University, that is highly respected in academic publishing. It was established on January 13, 1913....
, 1973) to explain why firms follow rivals into foreign markets. Under conditions of growth in an economy, US

United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
firms match the investments of competitors into that economy. Also called follow-the-leader behavior. Used to understand the global flows of foreign direct investment

Foreign direct investment

Foreign direct investment in its classic form is defined as a company from one country making a physical investment into building a factory in another country....
s (FDI) and thereby the structure of the world economy

World economy

The world economy can be evaluated in various ways, depending on the model used, and this valuation can then be represented in various ways . It is inseparable from the Earth, and is therefore somewhat of a misnomer, since, while definitions and representations of the "world economy" vary widely, they must at a minimum exclude any considerati...
.

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An oligopolistic reaction is a concept from economics

Economics

File:Ballard Farmers' Market - vegetables.jpgEconomics is the Social sciences that studies the Production theory basics, Distribution , and Consumption of Good and Service ....
introduced by Frederick T. Knickerbocker (Oligopolistic Reaction and Multinational Enterprise, Cambridge, MA: Harvard University Press

Harvard University Press

Harvard University Press is a publishing house, a division of Harvard University, that is highly respected in academic publishing. It was established on January 13, 1913....
, 1973) to explain why firms follow rivals into foreign markets. Under conditions of growth in an economy, US

United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
firms match the investments of competitors into that economy. Also called follow-the-leader behavior. Used to understand the global flows of foreign direct investment

Foreign direct investment

Foreign direct investment in its classic form is defined as a company from one country making a physical investment into building a factory in another country....
s (FDI) and thereby the structure of the world economy

World economy

The world economy can be evaluated in various ways, depending on the model used, and this valuation can then be represented in various ways . It is inseparable from the Earth, and is therefore somewhat of a misnomer, since, while definitions and representations of the "world economy" vary widely, they must at a minimum exclude any considerati...
.

See also

Oligopoly

An oligopoly is a market form in which a market or industry is dominated by a small number of sellers . The word is derived from the Greek language for few sell....
Tacit collusion

Tacit collusion

Tacit collusion occurs when cartels are illegal or overt collusion is absent. Put another way, two firms agree to play a certain strategy without explicitly saying so....