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Excess Entry in the Absence of Scale Economies

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  • Arghya Ghosh
  • Souresh Saha

Abstract

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Suggested Citation

  • Arghya Ghosh & Souresh Saha, 2007. "Excess Entry in the Absence of Scale Economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(3), pages 575-586, March.
    • Handle: RePEc:spr:joecth:v:30:y:2007:i:3:p:575-586
    DOI: 10.1007/s00199-005-0072-4
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    References listed on IDEAS

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    1. Gérard Gaudet & Stephen W. Salant, 1991. "Uniqueness of Cournot Equilibrium: New Results From Old Methods," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 399-404.
    2. Basu, Kaushik & Ghosh, Arghya & Ray, Tridip, 1997. "The Babu and Boxwallah: Managerial Incentives and Government Intervention in a Developing Economy," Review of Development Economics, Wiley Blackwell, vol. 1(1), pages 71-90, February.
    3. N. Gregory Mankiw & Michael D. Whinston, 1986. "Free Entry and Social Inefficiency," RAND Journal of Economics, The RAND Corporation, vol. 17(1), pages 48-58, Spring.
    4. Kaushik Basu & Tridip Ray & Arghya Ghosh, 1997. "The Babu and the Boxwallah: Managerial Incentives and Government Intervention in a Developing Economy," Review of Development Economics, Wiley Blackwell, vol. 1(1), pages 71-80, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Leonard Wang & Angela Chao & Jen-yao Lee, 2015. "R&D and Social Inefficiency of Entry," Journal of Industry, Competition and Trade, Springer, vol. 15(2), pages 181-187, June.
    2. Peyman Khezr & Flavio M. Menezes, 2021. "Entry and social efficiency under Bertrand competition and asymmetric information," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 927-944, December.
    3. de Pinto Marco & Goerke Laszlo, 2019. "Efficiency Wages in Cournot-Oligopoly," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(4), pages 1-13, October.
    4. Arijit Mukherjee, 2012. "Social Efficiency of Entry with Market Leaders," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(2), pages 431-444, June.
    5. Arijit Mukherjee, 2012. "Endogenous cost asymmetry and insufficient entry in the absence of scale economies," Journal of Economics, Springer, vol. 106(1), pages 75-82, May.
    6. repec:ebl:ecbull:v:12:y:2007:i:33:p:1-6 is not listed on IDEAS
    7. Cao, Hang & Wang, Leonard F.S., 2020. "Social efficiency of entry in a vertically related industry revisited," Economics Letters, Elsevier, vol. 192(C).
    8. Angela C. Chao & Jen-yao Lee & Leonard F.S. Wang, 2017. "Stackelberg Competition, Innovation and Social Efficiency of Entry," Manchester School, University of Manchester, vol. 85(1), pages 1-12, January.
    9. Arijit Mukherjee, 2007. "Entry in a Stackelberg perfect equilibrium," Economics Bulletin, AccessEcon, vol. 12(33), pages 1-6.
    10. Keisuke Hattori & Takeshi Yoshikawa, 2016. "Free entry and social inefficiency under co-opetition," Journal of Economics, Springer, vol. 118(2), pages 97-119, June.
    11. Mahito Okura, 2009. "An economic analysis of risk management in the airline industry," Economics Bulletin, AccessEcon, vol. 29(2), pages 566-574.
    12. Goerke, Laszlo, 2020. "A political economy perspective on horizontal FDI in a dynamic Cournot-oligopoly with endogenous entry," European Journal of Political Economy, Elsevier, vol. 63(C).
    13. Basak, Debasmita & Mukherjee, Arijit, 2016. "Social efficiency of entry in a vertically related industry," Economics Letters, Elsevier, vol. 139(C), pages 8-10.
    14. In Kyung Kim & Yoon-Jin Lee & Young-Ro Yoon, 2017. "Sequential Supply Decision and Market Efficiency: Theory and Evidence," Working Papers 1703, Nazarbayev University, Department of Economics, revised Mar 2017.
    15. Arijit Mukherjee, 2010. "External Economies of Scale and Insufficient Entry," Journal of Industry, Competition and Trade, Springer, vol. 10(3), pages 365-371, September.
    16. Marjit, Sugata & Mukherjee, Arijit, 2013. "Foreign competition and social efficiency of entry," Economic Modelling, Elsevier, vol. 32(C), pages 108-112.
    17. Tai-Liang Chen, 2017. "Privatization and efficiency: a mixed oligopoly approach," Journal of Economics, Springer, vol. 120(3), pages 251-268, April.
    18. Francisco Galera & Isabel Rodríguez-Tejedo & Juan C. Molero, 2012. "Free Entry and Welfare with Different Firms," Faculty Working Papers 17/12, School of Economics and Business Administration, University of Navarra.
    19. Chao, Chi-Chur & Nabin, Munirul & Nguyen, Xuan & Sgro, Pasquale M., 2016. "Wage inequality and welfare in developing countries: Privatization and reforms in the short and long run," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 474-483.
    20. Debasmita Basak & Emmanuel Petrakis, 2021. "Social efficiency of entry: Implications of network externalities," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(4), pages 820-829, November.
    21. Tesoriere, Antonio, 2017. "Stackelberg equilibrium with multiple firms and setup costs," Journal of Mathematical Economics, Elsevier, vol. 73(C), pages 86-102.
    22. Arijit Mukherjee & Udo Broll & Soma Mukherjee, 2009. "The welfare effects of entry: the role of the input market," Journal of Economics, Springer, vol. 98(3), pages 189-201, December.
    23. Arijit Mukherjee & Soma Mukherjee, 2008. "Excess‐Entry Theorem: The Implications Of Licensing," Manchester School, University of Manchester, vol. 76(6), pages 675-689, December.
    24. Basak Debasmita & Mukherjee Arijit, 2022. "Social Efficiency of Market Entry Under Tax Policy," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 22(3), pages 601-610, July.

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    More about this item

    Keywords

    Free entry; Economies of scale; Business-stealing; Excess entry; Cournot; Stackelberg; L51; L52;
    All these keywords.

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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