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Oligopolistic competition among groups

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  • Corchon, Luis C.

Abstract

In this paper we study an oligopolistic equilibria in which (possibly few) corporations can create as many firms as they like. It is shown by means of two examples that under constant returns to scale. Subgame Perfect Nash Equilibria implies perfect competition.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 36 (1991)
Issue (Month): 1 (May)
Pages: 1-3

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Handle: RePEc:eee:ecolet:v:36:y:1991:i:1:p:1-3

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Web page: http://www.elsevier.com/locate/ecolet

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Cited by:
  1. Tan, Guofu & Yuan, Lasheng, 2003. "Strategic incentives of divestitures of competing conglomerates," International Journal of Industrial Organization, Elsevier, vol. 21(5), pages 673-697, May.
  2. Joao Carlos Correia Leitao, 2004. "Optimal Divisionalization for Selling Networks of Cable Television Services," Industrial Organization 0403004, EconWPA.
  3. Ziss, Steffen, 1998. "Divisionalization and product differentiation," Economics Letters, Elsevier, vol. 59(1), pages 133-138, April.
  4. Baye, Michael R. & Crocker, Keith J. & Ju, Jiandong, 1996. "Divisionalization and franchising incentives with integral competing units," Economics Letters, Elsevier, vol. 50(3), pages 429-435, March.
  5. A. Mukherjee & U. Broll & S. Mukherjee, 2008. "Unionized labor market and licensing by a monopolist," Journal of Economics, Springer, vol. 93(1), pages 59-79, February.
  6. Arora, Ashish & Fosfuri, Andrea, 2003. "Licensing the market for technology," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/13388, Universidad Carlos III de Madrid.
  7. Mukherjee, Soma & Broll, Udo & Mukherjee, Arijit, 2007. "Licensing by a monopolist and unionized labor market," Dresden Discussion Paper Series in Economics 09/07, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
  8. Kazumichi, Iwasa & Toru, Kikuchi, 2007. "Cost Hetrogeneity and Strategic Divisionalization," MPRA Paper 5693, University Library of Munich, Germany.
  9. Iwasa, Kazumichi & Kikuchi, Toru, 2007. "Strategic Divisionalization, Product Differentiation and International Competition," MPRA Paper 5120, University Library of Munich, Germany.
  10. Miguel González-Maestre, 1993. "Divisionalization In Markets With Hetergeneous Goods," Working Papers. Serie AD 1993-12, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  11. Ziss, Steffen, 2007. "Hierarchies, intra-firm competition and mergers," International Journal of Industrial Organization, Elsevier, vol. 25(2), pages 237-260, April.
  12. Ziss, Steffen, 1999. "Divisionalization and strategic managerial incentives in oligopoly under uncertainty," International Journal of Industrial Organization, Elsevier, vol. 17(8), pages 1163-1187, November.

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