disk drive industry
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2020 ◽  
Vol 5 (1) ◽  
pp. 355-360
Author(s):  
Hernadewita Hernadewita ◽  
Evan Haviana ◽  
Mohd Nizam Ab Rahman ◽  
Hendra Hendra




2019 ◽  
Vol 87 (6) ◽  
pp. 2672-2702 ◽  
Author(s):  
Mitsuru Igami ◽  
Kosuke Uetake

Abstract How far should an industry be allowed to consolidate when competition and innovation are endogenous? We develop a stochastically alternating-move game of dynamic oligopoly and estimate it using data from the hard disk drive industry, in which a dozen global players consolidated into only three in the last 20 years. We find plateau-shaped equilibrium relationships between competition and innovation, with heterogeneity across time and productivity. Our counterfactual simulations suggest the current rule-of-thumb policy, which stops mergers when three or fewer firms exist, strikes approximately the right balance between pro-competitive effects and value-destruction side effects in this dynamic welfare trade-off.



2019 ◽  
Vol 70 (3) ◽  
pp. 308-330 ◽  
Author(s):  
Mitsuru Igami ◽  
Jai Subrahmanyam


2017 ◽  
pp. 503-559
Author(s):  
Tom E. Karis


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