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In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of … distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …
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evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …
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We theoretically analyse the relationship between Corporate Social Responsibility (CSR) and tax avoidance of an oligopolistic firm. The firm maximises a weighted sum of profits and a CSR objective which depends on output and the firm's contribution to public good provision, i.e. tax payments....
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This paper studies the innovation dynamics of an oligopolistic industry. The firms compete not only in the output market but also by engaging in productivity enhancing innovations to reduce labor costs. Rent sharing may generate productivity dependent wage differentials. Productivity growth...
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If an additional competitor reduces output per firm in a homogenous Cournot-oligopoly, market entry will be excessive …
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