Excessive entry in a bilateral oligopoly
AbstractIn a supplementary note to Ghosh and Morita ("Social desirability of free entry: a bilateral oligopoly analysis," 2007, IJIO), an example has been used to show that the condition for insufficient entry holds under the right-to-manage model of a vertically related industry. Using a linear demand curve, this note makes it clear that excessive entry rather than insufficient entry is quite common under a right-to-manage model, and shows that excessive entry occurs if the cost of entry is not very high.
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Volume (Year): 29 (2009)
Issue (Month): 1 ()
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- Arijit Mukherjee, . "Excessive entry in a bilateral oligopoly," Discussion Papers, University of Nottingham, School of Economics 08/02, University of Nottingham, School of Economics.
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L4 - Industrial Organization - - Antitrust Issues and Policies
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