Natural Oligopolies: A Vertical Differentiation Model
AbstractThis article contains a more complete characterization of conditions under which vertically differentiated markets are or are not natural oligopolies than has been found previously in the literature. Specifically, previous results on markets in which firms have cost functions with constant returns are incomplete; these results are expanded. Moreover, results are provided for markets with firms having increasing or decreasing marginal cost functions. Copyright 2000 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
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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): 41 (2000)
Issue (Month): 4 (November)
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Web page: http://www.econ.upenn.edu/ier
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- Lahmandi-Ayed, R, 1996. "Natural Oligopolies : A Vertical Differentiation Model," Papiers d'Economie MathÃÂ©matique et Applications 96.05, UniversitÃ© PanthÃ©on-Sorbonne (Paris 1).
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
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- Raphael Auer & Philip Sauré, 2011.
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- Raphael Auer & Philip Sauré, 2011. "Spatial Competition in Quality, Demand Induced Innovation, and Schumpeterian Growth," DEGIT Conference Papers c016_067, DEGIT, Dynamics, Economic Growth, and International Trade.
- Raphael Anton Auer & Philip Ulrich Sauré, 2011. "Spatial Competition in Quality, Demand-Induced Innovation, and Schumpeterian Growth," Working Papers 2011-10, Swiss National Bank.
- Jean-Marc Bonnisseau & Hend Ghazzai, 2005.
"Monopole, stratégies multiproduit et incitation à la recherche et développement,"
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- Jean-Marc Bonnisseau & Hend Ghazzai, 2005. "Monopole, stratégies multiproduit et incitation à la recherche et développement," Cahiers de la Maison des Sciences Economiques b05025, Université Panthéon-Sorbonne (Paris 1).
- Rim Lahmandi-Ayed, 2007. "Finiteness property with vertical and horizontal differentiation: does it really matter?," Economic Theory, Springer, vol. 33(3), pages 531-548, December.
- Amacher, Gregory & Koskela, Erkki & Ollikainen, Markku, 2003. "Environmental Quality Competition and Eco-labeling," Discussion Papers 848, The Research Institute of the Finnish Economy.
- Jean-Marc Bonnisseau & Rim Lahmandi-Ayed, 2004.
"Vertical differentiation with non-uniform consumers¡ distribution,"
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b04114, Université Panthéon-Sorbonne (Paris 1).
- Jean-Marc Bonnisseau & Rim Lahmandi-Ayed, 2007. "Vertical differentiation with non-uniform consumers' distribution," International Journal of Economic Theory, The International Society for Economic Theory, vol. 3(3), pages 179-190.
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