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Welfare in a differentiated oligopoly with free entry: a cautionary note

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  • Cellini, Roberto
  • Lambertini, Luca
  • Ottaviano, Gianmarco I. P.

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  • Cellini, Roberto & Lambertini, Luca & Ottaviano, Gianmarco I. P., 2004. "Welfare in a differentiated oligopoly with free entry: a cautionary note," Research in Economics, Elsevier, vol. 58(2), pages 125-133, June.
  • Handle: RePEc:eee:reecon:v:58:y:2004:i:2:p:125-133
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    References listed on IDEAS

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    1. C.C. von Weizsaker, 1980. "A Welfare Analysis of Barriers to Entry," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 399-420, Autumn.
    2. Michael Spence, 1976. "Product Selection, Fixed Costs, and Monopolistic Competition," Review of Economic Studies, Oxford University Press, vol. 43(2), pages 217-235.
    3. Gianmarco Ottaviano & Takatoshi Tabuchi & Jacques-FranÁois Thisse, 2002. "Agglomeration and Trade Revisited," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(2), pages 409-436, May.
    4. Perry, Martin K, 1984. "Scale Economies, Imperfect Competition, and Public Policy," Journal of Industrial Economics, Wiley Blackwell, vol. 32(3), pages 313-333, March.
    5. Nirvikar Singh & Xavier Vives, 1984. "Price and Quantity Competition in a Differentiated Duopoly," RAND Journal of Economics, The RAND Corporation, vol. 15(4), pages 546-554, Winter.
    6. Nachbar, John H & Petersen, Bruce C & Hwang, Inhak, 1998. "Sunk Costs, Accommodation, and the Welfare Effects of Entry," Journal of Industrial Economics, Wiley Blackwell, vol. 46(3), pages 317-332, September.
    7. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    8. Okuguchi, Koji, 1987. "Equilibrium prices in the Bertrand and Cournot oligopolies," Journal of Economic Theory, Elsevier, vol. 42(1), pages 128-139, June.
    9. Norman, George & Thisse, Jacques-Francois, 1996. "Product Variety and Welfare under Tough and Soft Pricing Regimes," Economic Journal, Royal Economic Society, vol. 106(434), pages 76-91, January.
    10. Hackner, Jonas, 2000. "A Note on Price and Quantity Competition in Differentiated Oligopolies," Journal of Economic Theory, Elsevier, vol. 93(2), pages 233-239, August.
    11. Kofi O. Nti & Martin Shubik, 1981. "Duopoly with Differentiated Products and Entry Barriers," Cowles Foundation Discussion Papers 576, Cowles Foundation for Research in Economics, Yale University.
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    Citations

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    Cited by:

    1. R. Cellini & L. Lambertini, 2000. "Differential Games and Oligopoly Theory: An Overview," Working Papers 369, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. Mukherjee, Arijit, 2005. "Price and quantity competition under free entry," Research in Economics, Elsevier, vol. 59(4), pages 335-344, December.
    3. Krešimir Žigić, 2012. "Stackelberg leadership with product differentiation and endogenous entry: some comparative static and limiting results," Journal of Economics, Springer, vol. 106(3), pages 221-232, July.
    4. Luigi Di Gaetano, 2015. "A Model of corporate donations to open source under hardware–software complementarity," Industrial and Corporate Change, Oxford University Press, vol. 24(1), pages 163-190.
    5. Fujiwara, Kenji, 2009. "Environmental policies in a differentiated oligopoly revisited," Resource and Energy Economics, Elsevier, vol. 31(3), pages 239-247, August.
    6. Cellini, Roberto, 2000. "Growth and differentiated oligopoly," Economics Letters, Elsevier, vol. 69(2), pages 129-136, November.
    7. Fanti, Luciano & Buccella, Domenico, 2015. "Bargaining agenda in a unionised monopoly with network effects," MPRA Paper 64090, University Library of Munich, Germany.
    8. Fikru, Mahelet G. & Gautier, Luis, 2016. "Mergers in Cournot markets with environmental externality and product differentiation," Resource and Energy Economics, Elsevier, vol. 45(C), pages 65-79.
    9. Koichi Kagitani & Takao Ohkawa & Makoto Okamura, 2016. "Does the Excess Entry Theorem Hold in a Differentiated Oligopoly?," Manchester School, University of Manchester, vol. 84(3), pages 340-362, June.
    10. Lambertini, Luca & Zaccour, Georges, 2015. "Inverted-U aggregate investment curves in a dynamic game of advertising," Economics Letters, Elsevier, vol. 132(C), pages 34-38.
    11. Jeroen Hinloopen & Jan Vandekerckhove, 2009. "Dynamic efficiency of Cournot and Bertrand competition: input versus output spillovers," Journal of Economics, Springer, vol. 98(2), pages 119-136, November.
    12. repec:kap:jeczfn:v:122:y:2017:i:1:d:10.1007_s00712-017-0531-y is not listed on IDEAS
    13. Dragone Davide & Tampieri Alessandro & Lambertini Luca & Palestini Arsen, 2013. "On the Optimal Number of Firms in the Commons: Cournot vs Bertrand," Mathematical Economics Letters, De Gruyter, vol. 1(1), pages 25-34, October.
    14. Pinopoulos, Ioannis N., 2011. "Input pricing by an upstream monopolist into imperfectly competitive downstream markets," Research in Economics, Elsevier, vol. 65(3), pages 144-151, September.
    15. Colombo, Luca & Labrecciosa, Paola, 2013. "Oligopoly exploitation of a private property productive asset," Journal of Economic Dynamics and Control, Elsevier, vol. 37(4), pages 838-853.
    16. Luciano Fanti & Domenico Buccella, 2016. "Bargaining Agenda and Entry in a Unionised Model with Network Effects," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 2(1), pages 91-121, March.

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