IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-63602-9_4.html
   My bibliography  Save this book chapter

Extensions

In: The Economics of Competition, Collusion and In-between

Author

Listed:
  • Claude d’Aspremont

    (Université Catholique de Louvain)

  • Rodolphe Dos Santos Ferreira

    (Université de Strasbourg)

Abstract

The purpose of this chapter is to show, by examples, how our canonical model can be extended to address some well-known issues and how the possibility of considering competitive toughness as a continuous parameter may open new perspectives and new insights. As a first extension, important for applications in macroeconomics or international trade, we explicitly introduce a labour market and examine in particular the possibility of “involuntary” unemployment (in Keynes’ sense). This possibility is shown to result, with a fully adjustable wage, from the oligopolistic character of output markets. In the second extension we introduce a model with overlapping generations and study its distinct dynamic properties under strategic and non-strategic investment in capital. In the third extension, in a model of localised competition, we give another interpretation of our approach in terms of a delegation game.

Suggested Citation

  • Claude d’Aspremont & Rodolphe Dos Santos Ferreira, 2021. "Extensions," Springer Books, in: The Economics of Competition, Collusion and In-between, chapter 0, pages 115-155, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-63602-9_4
    DOI: 10.1007/978-3-030-63602-9_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-63602-9_4. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.