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The subgame perfect Nash equilibrium for the contestable market entry game is the situation in which the incumbent firm sets the
Relativity
A theory in physics, formulated by Albert Einstein, that describes the interrelation of space, time, and gravitation, indicating how they are perceived differently depending on the observer's motion.
Physics
The natural science that studies matter, its motion and behavior through space and time, and the related entities of energy and force.
Predicate
The component of a sentence or proposition that asserts something about the subject, often involving a verb.
Proposition
A statement or assertion that expresses a judgment or opinion; in logic, a declarative sentence that is either true or false.
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