Symmetric Cournot oligopoly and economic welfare: A synthesis

DOI10.1007/BF01213691zbMath0810.90028OpenAlexW2055763338MaRDI QIDQ1339001

Masahiro Okuno-Fujiwara, Kotaro Suzumura

Publication date: 18 December 1994

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01213691

zbMATH Keywords

socially excessive firm entryunregulated oligopoly

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (14)

The welfare effects of entry: the role of the input market ⋮ Competing R\&D joint ventures in Cournot oligopoly with spillovers ⋮ Free entry and social inefficiency under co-opetition ⋮ Asymmetric oligopoly, international trade, and welfare: A synthesis ⋮ Cost uncertainty in an oligopoly with endogenous entry ⋮ Corporate profit tax, firm entry with unemployment, and income inequality ⋮ Endogenous cost asymmetry and insufficient entry in the absence of scale economies ⋮ Leaders and competitors ⋮ Social efficiency of entry in a vertical structure with third degree price discrimination ⋮ International trade and competitiveness ⋮ Over- and under-investment according to different benchmarks ⋮ Some thoughts on the Sutton approach. Concentration in high-tech markets ⋮ Entry and social efficiency under Bertrand competition and asymmetric information ⋮ Revenue-superior variants of the second-price auction

Cites Work

• Barriers to entry. A theoretical treatment
• The stability of Cournot revisited
• Comparative Statics for Oligopoly
• Optimal Trade and Industrial Policy under Oligopoly
• Entry Barriers and Economic Welfare
• On the Effects of Entry
• Taxation and Welfare in an Oligopoly with Strategic Commitment

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