Finance:Oligopolistic reaction
From HandWiki
An oligopolistic reaction is a concept from economics introduced by Frederick T. Knickerbocker to explain why firms follow rivals into foreign markets.[1][2] Under conditions of growth in an economy, US firms match the investments of competitors into that economy. Also called follow-the-leader behavior. Used to understand the global flows of foreign direct investments (FDI) and thereby the structure of the world economy.
See also
References
- ↑ Knickerbocker, Frederick T. (1973). Oligopolistic reaction and multinational enterprise. Internet Archive. Boston : Division of Research, Graduate School of Business Administration, Harvard University. ISBN 978-0-87584-102-1. https://archive.org/details/oligopolisticrea0000knic.
- ↑ Knickerbocker, Frederick T. (Spring 1973). "Oligopolistic reaction and multinational enterprise". The International Executive 15 (2): 7–9. doi:10.1002/tie.5060150205. https://onlinelibrary.wiley.com/doi/10.1002/tie.5060150205.
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