Entry in a homogeneous Cournot oligopoly can be excessive if there is business stealing. Since this excessive entry … business stealing externality. This paper shows that most of them rely on the same mechanism and, therefore, constitute a …

Entry in a homogeneous Cournot oligopoly can be excessive if there is business stealing. Since this excessive entry … business stealing externality. This paper shows that most of them rely on the same mechanism and, therefore, constitute a …