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Strategic Choice of Flexible Production Technologies and Welfare Implications: Addendum et Corrigendum

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  • Kim, Taekwon
  • Roller, Lars-Hendrik
  • Tombak, Mihkel M

Abstract

In a recent article, Roller and Tombak (1990) analyze the strategic choice of modern flexible production technologies. They develop a two-stage game in which firms choose between a flexible technology and a dedicated technology in the first stage and subsequently choose output. This note corrects an error in one of the graphs in that paper, provides an interpretation of the new graph, and extends the analysis by allowing for mixed strategies and complementary products. Copyright 1992 by Blackwell Publishing Ltd.

Suggested Citation

  • Kim, Taekwon & Roller, Lars-Hendrik & Tombak, Mihkel M, 1992. "Strategic Choice of Flexible Production Technologies and Welfare Implications: Addendum et Corrigendum," Journal of Industrial Economics, Wiley Blackwell, vol. 40(2), pages 233-235, June.
    • Handle: RePEc:bla:jindec:v:40:y:1992:i:2:p:233-35
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    Cited by:

    1. Bárcena-Ruiz, Juan Carlos & Olaizola, Norma, 2008. "Choice of flexible production technologies under strategic delegation," Japan and the World Economy, Elsevier, vol. 20(3), pages 395-414, August.
    2. Nepelski, Daniel, 2009. "Value chain structure and �exible production technologies," MPRA Paper 26236, University Library of Munich, Germany.
    3. Juan Carlos Bárcena‐Ruiz & Norma Olaizola, 2006. "Cost‐Saving Production Technologies And Strategic Delegation," Australian Economic Papers, Wiley Blackwell, vol. 45(2), pages 141-157, June.
    4. María José Gil‐Moltó & Joanna Poyago‐Theotoky, 2008. "Flexible versus Dedicated Technology Adoption in the Presence of a Public Firm," Southern Economic Journal, John Wiley & Sons, vol. 74(4), pages 997-1016, April.
    5. Toshihiro Matsumura & Daisuke Shimizu, 2015. "Endogenous Flexibility In The Flexible Manufacturing System," Bulletin of Economic Research, Wiley Blackwell, vol. 67(1), pages 1-13, January.
    6. Maria Jose Gil-Molto & Joanna Poyago-Theotoky, 2006. "Flexible vs Dedicated Technology Adoption in the Presence of a Public Firm," Discussion Paper Series 2006_1, Department of Economics, Loughborough University, revised Jan 2006.
    7. Sun Chia-Hung, 2020. "Timing of Adopting a Flexible Manufacturing System and Product Differentiation," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(2), pages 1-17, April.
    8. Tseng, Mei-Chiun, 2004. "Strategic choice of flexible manufacturing technologies," International Journal of Production Economics, Elsevier, vol. 91(3), pages 223-227, October.
    9. Antoci, A. & Sacco, P.L. & Scarpa, C., 2005. "Flexibility choices and oligopolistic competition in an evolutionary environment," Journal of Economic Dynamics and Control, Elsevier, vol. 29(10), pages 1643-1671, October.

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