A Game of Two Elderly Care Facilities: Competition, Mothballing Options, and Policy Implications

Figure 7

Dependencies of entry thresholds of leader (a) with and (b) without mothballing options on the market parameters with model specifications , , , , , and . Under the same model setup, dependencies of entry thresholds of follower (c) with and (d) without mothballing options on the market parameters are shown.

(a)

(b)

(c)

(d)