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Global and Political Strategies in Deregulated Industries : The Asymmetric Behaviours of Former Monopolies
Oleh:
Bonardi, Jean-Philippe
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Strategic Management Journal vol. 25 no. 2 (Feb. 2004)
,
page 101-120.
Topik:
POLITICAL
;
game theory
;
political strategies
;
global strategies
;
deregulation
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
SS30.14
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
In deregulated industries former monopolies often adopt asymmetric behaviours : these firms impede the entry of foreign competitors in their home market, especially using defensive political strategies and at the same time, aggresively develop international strategies in foreign markets. To account for this behaviours, I develop a game theoretic model involving three players : the former monopoly, its home government and the host government of the country into which the firms wants to enter. I show first that there are in fact different asymmetric strategies that former monopolies can use in such a setting and that a global strategy cannot always be implemented by those firms because of cooperation issues between the two governments. I also study the conditions under which these issues can be solved and show that this can happen only when the firm develops a political strategy that integrates both defensive and offensive activities. Overall, this paper therefore argues that asymmetric strategies are not always adopted to maintain monopoly rents but are also dictated by the nature of the international relationships between the governments involved.
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