Pires, Cesaltina Pacheco; Brito, Duarte - In: International Journal of the Economics of Business 10 (2003) 3, pp. 337-345
A standard result in oligopoly models is that the more efficient firms have larger market shares. The main question being answered in this paper is: 'if a firm increases (decreases) its relative efficiency does it increase (decrease) its market share?'. We show that, in two widely used models...