Comparative Statics for Oligopoly: Demand Shift Effects
AbstractWhen demand rises in an imperfectly competitive industry, price, output, profits, consumer surplus, and welfare may individually rise or fall. The possibilities are thus broader than with either a demand shift under competition or a cost shift in either typ e of industry. Systematic relationships are established showing, howe ver, that the pattern of effects cannot be arbitrary. Imperfect compe tition is necessary for profits to fall when demand rises-profits alw ays rise with either perfect competition or perfect collusion. This a gain contrasts with the cost shift case, where imperfect competition is not necessary for perverse profit effects. Copyright 1988 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.
Volume (Year): 29 (1988)
Issue (Month): 3 (August)
Contact details of provider:
Postal: 160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297
Phone: (215) 898-8487
Fax: (215) 573-2057
Web page: http://www.econ.upenn.edu/ier
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Chen, Kevin Z. & Weerahewa, Jeevika, 1998. "Regulation, Market Power, And Advertising Effectiveness," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(2), October.
- Corchón, Luis C., . "Algunos Teoremas de la Organización Industrial Clásica," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/5681, Universidad Carlos III de Madrid.
- Boone, J. & Müller, W., 2008.
"The Distribution of Harm in Price-Fixing Cases,"
2008-68, Tilburg University, Center for Economic Research.
- Boone, J. & Müller, W., 2008. "The Distribution of Harm in Price-Fixing Cases," Discussion Paper 2008-030, Tilburg University, Tilburg Law and Economic Center.
- Boone, Jan & Müller, Wieland, 2008. "The Distribution of Harm in Price-Fixing Cases," CEPR Discussion Papers 6949, C.E.P.R. Discussion Papers.
- David, Maia & Nimubona, Alain-Désiré & Sinclair-Desgagné, Bernard, 2011. "Emission taxes and the market for abatement goods and services," Resource and Energy Economics, Elsevier, vol. 33(1), pages 179-191, January.
- Hamilton, Stephen F., 1999. "Demand shifts and market structure in free-entry oligopoly equilibria," International Journal of Industrial Organization, Elsevier, vol. 17(2), pages 259-275, February.
- Mario Tello, 1992. "Precios relativos, producción interna y exportaciones en modelos de competencia imperfecta doméstica y mercados segmentados," Documentos de Trabajo 1992-107, Departamento de Economía - Pontificia Universidad Católica del Perú.
- Corchon, Luis C. & Fradera, Isabel, 2002.
"Comparative statics in Cournot free entry equilibrium,"
Mathematical Social Sciences,
Elsevier, vol. 44(2), pages 155-168, November.
- Corchón, Luis C. & Fradera, I., . "Comparative Statics in Cournot Free Entry Equilibrium," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/3854, Universidad Carlos III de Madrid.
- Arghya Ghosh & Alberto Motta, 2011. "Outsourcing with Heterogeneous Firms," Discussion Papers 2011-09, School of Economics, The University of New South Wales.
- Simon GB Cowan & Simon Cowan, 2004. "Demand shifts and imperfect competition," Economics Series Working Papers 188, University of Oxford, Department of Economics.
- Marco Terrones & Luis CatÃ£o, 2000. "Determinants of Dollarization - The Banking Side," IMF Working Papers 00/146, International Monetary Fund.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or ().
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.