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This paper provides a novel rationale for the regulation of market size when heterogeneous firms compete. A regulator …
Persistent link: https://www.econbiz.de/10012108481
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market …
Persistent link: https://www.econbiz.de/10010206790
competition using the Cournot oligopoly model with heterogeneous firms. In particular, our objective is to provide some insights … into the role of cost asymmetry in studying the effects of trade liberalisation in the Cournot oligopoly framework. In … order to introduce firm heterogeneity into the oligopoly model we use the generalised Cournot framework with asymmetric …
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The transition to a green technology is central to environmental policy. During such a transition, technology and market structure often change simultaneously, as firms developing the new technology enter the market of incumbents supplying the old one. This leads to the questions how...
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This paper studies the disposal costs' effect on consumer surplus and firms' profits. The costlier disposal, the less is disposed of, firms' competition for market shares increases, thereby benefiting consumers. Yet firms decrease their production to mitigate costs, affecting consumer surplus...
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