Entry Effects under Classical Oligopoly

Sets out a version of a standard conjectural‐variations oligopoly model, and investigates the properties of that model with respect to the effects of entry. Shows within this context that entry unambiguously reduces incumbents′ margins and output, while raising industry output. Also shows that higher degrees of collusion in an industry may induce entry at increased levels of output.

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Year of publication:	1994
Authors:	Molho, Ian
Published in:	Journal of Economic Studies. - MCB UP Ltd, ISSN 1758-7387, ZDB-ID 1480042-1. - Vol. 21.1994, 6, p. 19-25
Publisher:	MCB UP Ltd
Subject:	Industry \| Models \| Oligopoly

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Type of publication:	Article
Type of publication (narrower categories):	conceptual-paper
Language:	English
Other identifiers:	10.1108/01443589410071409 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014863453