The entrant’s profits from settlement Sample Clauses

The entrant’s profits from settlement. If the parties settle, the present value of the entrant’s stream of profits is  t  rt D 2T rt R 0 e dt  E t e dt  B        D     R e rt  1   E ert  e2rT   B (A6)  r   r  Note that an increase in t* affects both of the first two terms of Equation (A6). By delaying the entry of E, an increase in t*  reduces the present value of E’s duopoly profits (the second term), and  increases the duration of E’s net outflows required before its entry, thereby increasing the magnitude of the first term in Equation (A6), which is negative.
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Related to The entrant’s profits from settlement

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