Suppose an entrant and an incumbent are playing an entry, Business Economics

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Suppose an entrant and an incumbent are playing an entry

Suppose an Entrant and an Incumbent are playing an entry game. The set-up is as follows: The Entrant first decides whether to enter. The Incumbent moves second. If the Entrant enters, the Incumbent decides whether to fight or accommodate. The dynamic game format is below:

Is this a case of cheap talk?

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Business Economics: Suppose an entrant and an incumbent are playing an entry

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Business Economics: Suppose an entrant and an incumbent are playing an entry

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