More competitors or more competition? Market concentration and the intensity of competition
Author
Abstract
Suggested Citation
DOI: 10.1016/j.econlet.2011.11.001
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Menezes, Flavio & Quiggin, John, 2011. "More Competitors or more Competition? Market Concentration and the Intensity of Competition," Risk and Sustainable Management Group Working Papers 151195, University of Queensland, School of Economics.
References listed on IDEAS
- Xavier Vives, 2011.
"Strategic Supply Function Competition With Private Information,"
Econometrica, Econometric Society, vol. 79(6), pages 1919-1966, November.
- Xavier Vives, 2008. "Strategic Supply Function Competition with Private Information," CESifo Working Paper Series 2410, CESifo.
- Xavier Vives, 2009. "Strategic Supply Function Competition with Private Information," CESifo Working Paper Series 2856, CESifo.
- Xavier Vives, 2009. "Strategic Supply Function Competition with Private Information," Cowles Foundation Discussion Papers 1736, Cowles Foundation for Research in Economics, Yale University.
- Vives, Xavier, 2008. "Strategic Supply Function Competition with Private Information," CEPR Discussion Papers 6960, C.E.P.R. Discussion Papers.
- Vives, Xavier, 2008. "Strategic supply function competition with private information," IESE Research Papers D/774, IESE Business School.
- Grant, Simon & Quiggin, John, 1996.
"Capital Precommitment and Competition in Supply Schedules,"
Journal of Industrial Economics, Wiley Blackwell, vol. 44(4), pages 427-441, December.
- Grant, S. & Quiggin, J., 1994. "Capital Recommitment and Competition in Supply Schedules," Papers 280, Australian National University - Department of Economics.
- Stephen W. Salant & Sheldon Switzer & Robert J. Reynolds, 1983. "Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 185-199.
- Grossman, Sanford J, 1981. "Nash Equilibrium and the Industrial Organization of Markets with Large Fixed Costs," Econometrica, Econometric Society, vol. 49(5), pages 1149-1172, September.
- Flavio Menezes & John Quiggin, 2007.
"Games without Rules,"
Theory and Decision, Springer, vol. 63(4), pages 315-347, December.
- Menezes, Flavio & Quiggin, John, 2004. "Games without Rules," Risk and Sustainable Management Group Working Papers 151166, University of Queensland, School of Economics.
- Flavio Menezes & John Quiggin, 2004. "Games without Rules," Risk & Uncertainty Working Papers WPR04_7, Risk and Sustainable Management Group, University of Queensland.
- Menezes, Flavio M. & Quiggin, John, 2010.
"Markets for influence,"
International Journal of Industrial Organization, Elsevier, vol. 28(3), pages 307-310, May.
- Menezes, Flavio & Quiggin, John, 2007. "Markets for Influence," Risk and Sustainable Management Group Working Papers 151184, University of Queensland, School of Economics.
- Menezes, Flavio & Quiggin, John, 2009. "Markets for Influence," Risk and Sustainable Management Group Working Papers 151189, University of Queensland, School of Economics.
- Flavio Menezes & John Quiggin, 2009. "Markets for Influence," Risk & Uncertainty Working Papers WPR09_2, Risk and Sustainable Management Group, University of Queensland.
- Flavio Menezes & John Quiggin, 2007. "Markets for Influence," Risk & Uncertainty Working Papers WP7R07, Risk and Sustainable Management Group, University of Queensland.
- Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, December.
- Robson, Arthur J., 1981. "Implicit oligopolistic collusion is destroyed by uncertainty," Economics Letters, Elsevier, vol. 7(1), pages 75-80.
- Turnbull, Stephen J., 1983. "Choosing duopoly solutions by consistent conjectures and by uncertainty," Economics Letters, Elsevier, vol. 13(2-3), pages 253-258.
- Klemperer, Paul D & Meyer, Margaret A, 1989. "Supply Function Equilibria in Oligopoly under Uncertainty," Econometrica, Econometric Society, vol. 57(6), pages 1243-1277, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Keita Yamane, 2018. "Mixed duopoly and the indirect effect in linear supply function competition," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(4), pages 519-532, December.
- Genakos, C. & Grey, F. & Ritz, R., 2020.
"Generalized linear competition: From pass-through to policy,"
Cambridge Working Papers in Economics
2078, Faculty of Economics, University of Cambridge.
- Genakos, Christos & Grey, Felix & Ritz, Robert, 2020. "GENERALIZED LINEAR COMPETITION: From pass-through to policy," CEPR Discussion Papers 15127, C.E.P.R. Discussion Papers.
- Christos Genakos & Felix Grey & Robert A. Ritz, 2020. "Generalized linear competition: from pass-through to policy," CEP Discussion Papers dp1709, Centre for Economic Performance, LSE.
- Genakos, Christos & Grey, Felix & Ritz, Robert A., 2020. "Generalized linear competition: from pass-through to policy," LSE Research Online Documents on Economics 108481, London School of Economics and Political Science, LSE Library.
- Christos Genakos & Felix Grey & Robert Ritz, 2020. "Generalized linear competition: From pass-through to policy," Working Papers EPRG2023, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Tim Pegna, 2024. "A dynamic model of resource extraction and intensity of competition," Australian Economic Papers, Wiley Blackwell, vol. 63(S1), pages 33-46, May.
- Flavio M. Menezes & Jorge Pereira, 2017.
"Emissions abatement R&D: Dynamic competition in supply schedules,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(4), pages 841-859, August.
- Flavio Menezes & Jorge Pereira, 2015. "Emissions abatement R&D Dynamic Competition in Supply Schedules," Discussion Papers Series 540, School of Economics, University of Queensland, Australia.
- Theophilus Lartey & Diana Owusu Yirenkyi & Samuel Adomako & Albert Danso & Joseph Amankwah‐Amoah & Ashraful Alam, 2020. "Going green, going clean: Lean‐green sustainability strategy and firm growth," Business Strategy and the Environment, Wiley Blackwell, vol. 29(1), pages 118-139, January.
- Flavio M. Menezes & Jorge Pereira, 2023. "Imperfect competition, emissions tax and the Porter hypothesis," Australian Institute for Business and Economics DP022023, School of Economics, University of Queensland, Australia.
- Tan, Yafei & Zhu, Zhaohui, 2022. "The effect of ESG rating events on corporate green innovation in China: The mediating role of financial constraints and managers' environmental awareness," Technology in Society, Elsevier, vol. 68(C).
- Tina Kao & Flavio Menezes & John Quiggin, 2014.
"Optimal access regulation with downstream competition,"
Journal of Regulatory Economics, Springer, vol. 45(1), pages 75-93, February.
- Kao, Tina & Menezes, Flavio & Quiggin, John, 2012. "Optimal access regulation with downstream competition," Risk and Sustainable Management Group Working Papers 151201, University of Queensland, School of Economics.
- Flavio Menezes & John Quiggin & Tina Kao, 2012. "Optimal Access Regulation with Downstream Competition," Discussion Papers Series 473, School of Economics, University of Queensland, Australia.
- Andres M. Alonso & Zehang Li, 2023. "Approximation of supply curves," Papers 2311.10738, arXiv.org.
- Flavio M. Menezes & John Quiggin, 2020.
"The Strategic Industry Supply Curve,"
Journal of Industrial Economics, Wiley Blackwell, vol. 68(3), pages 523-555, September.
- Flavio M. Menezes & John Quiggin, 2017. "The Strategic Industry Supply Curve," Discussion Papers Series 584, School of Economics, University of Queensland, Australia.
- Flavio M. Menezes & John Quiggin, 2017. "The Strategic Industry Supply Curve," Discussion Papers Series 586, School of Economics, University of Queensland, Australia.
- Jinming Zheng & Taeyeon Oh & Geoff Dickson & David P. Hedlund & Tao Zhong & Veerle De Bosscher, 2024. "Market Share Instability and Market Concentration: A Sport/Discipline-Specific Study of the Summer Olympic Games 1992–2020," SAGE Open, , vol. 14(2), pages 21582440241, May.
- Flavio M. Menezes & John Quiggin, 2023. "Competition in supply functions and conjectural variations: a unified solution," Australian Institute for Business and Economics DP012023, School of Economics, University of Queensland, Australia.
- Ganguly, Madhuparna, 2021. "Competition and Innovation: the effects of scientist mobility and stronger patent rights," MPRA Paper 107831, University Library of Munich, Germany.
- Menezes, Flavio & Quiggin, John, 2013. "Inferring the strategy space from market outcomes," Risk and Sustainable Management Group Working Papers 151206, University of Queensland, School of Economics.
- Delbono, Flavio & Lambertini, Luca, 2016.
"Ranking Bertrand, Cournot and supply function equilibria in oligopoly,"
Energy Economics, Elsevier, vol. 60(C), pages 73-78.
- F. Delbono & L. Lambertini, 2015. "Ranking Bertrand, Cournot and Supply Function Equilibria in Oligopoly," Working Papers wp1000, Dipartimento Scienze Economiche, Universita' di Bologna.
- Madhuparna Ganguly, 2020. "Stricter patent regime, scientist mobility and innovation," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2020-037, Indira Gandhi Institute of Development Research, Mumbai, India.
- Delbono, Flavio & Lambertini, Luca, 2018.
"Choosing roles under supply function competition,"
Energy Economics, Elsevier, vol. 71(C), pages 83-88.
- F. Delbono & L. Lambertini, 2016. "Choosing Roles under Supply Function Competition," Working Papers wp1069, Dipartimento Scienze Economiche, Universita' di Bologna.
- Cheng, Jiannan & Lian, Feng & Yang, Zhongzhen, 2022. "The impacts of port governance reform on port competition in China," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 160(C).
- Delbono, Flavio & Lambertini, Luca, 2015.
"On the properties of linear supply functions in oligopoly,"
Economics Letters, Elsevier, vol. 136(C), pages 22-24.
- F. Delbono & L. Lambertini, 2015. "On the properties of linear supply functions in oligopoly," Working Papers wp1014, Dipartimento Scienze Economiche, Universita' di Bologna.
- Marc Escrihuela-Villar, 2016. "On the price effects of collusion and the number of firms," Economics Bulletin, AccessEcon, vol. 36(3), pages 1694-1704.
- Keita Yamane, 2020. "Market Structure, Competition, and Optimal Privatization: a Linear Supply Function Approach," Journal of Industry, Competition and Trade, Springer, vol. 20(3), pages 605-615, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Flavio M. Menezes & Jorge Pereira, 2023. "Imperfect competition, emissions tax and the Porter hypothesis," Australian Institute for Business and Economics DP022023, School of Economics, University of Queensland, Australia.
- Tina Kao & Flavio Menezes & John Quiggin, 2014.
"Optimal access regulation with downstream competition,"
Journal of Regulatory Economics, Springer, vol. 45(1), pages 75-93, February.
- Flavio Menezes & John Quiggin & Tina Kao, 2012. "Optimal Access Regulation with Downstream Competition," Discussion Papers Series 473, School of Economics, University of Queensland, Australia.
- Kao, Tina & Menezes, Flavio & Quiggin, John, 2012. "Optimal access regulation with downstream competition," Risk and Sustainable Management Group Working Papers 151201, University of Queensland, School of Economics.
- Flavio M. Menezes & Jorge Pereira, 2017.
"Emissions abatement R&D: Dynamic competition in supply schedules,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(4), pages 841-859, August.
- Flavio Menezes & Jorge Pereira, 2015. "Emissions abatement R&D Dynamic Competition in Supply Schedules," Discussion Papers Series 540, School of Economics, University of Queensland, Australia.
- Menezes, Flavio & Quiggin, John, 2011. "Intensity of Competition and the Number of Competitors," Risk and Sustainable Management Group Working Papers 151197, University of Queensland, School of Economics.
- Menezes, Flavio & Quiggin, John, 2013. "Inferring the strategy space from market outcomes," Risk and Sustainable Management Group Working Papers 151206, University of Queensland, School of Economics.
- Flavio M. Menezes & John Quiggin, 2023. "Competition in supply functions and conjectural variations: a unified solution," Australian Institute for Business and Economics DP012023, School of Economics, University of Queensland, Australia.
- Kai-Uwe Kuhn, 1997. "Nonlinear Pricing in Vertically Related Duopolies," RAND Journal of Economics, The RAND Corporation, vol. 28(1), pages 37-62, Spring.
- Michal Król, 2012. "‘Everything must go!’- Cournot as a Stable Convention within Strategic Supply Function Competition," Economics Discussion Paper Series 1217, Economics, The University of Manchester.
- Flavio M. Menezes & John Quiggin, 2020.
"The Strategic Industry Supply Curve,"
Journal of Industrial Economics, Wiley Blackwell, vol. 68(3), pages 523-555, September.
- Flavio M. Menezes & John Quiggin, 2017. "The Strategic Industry Supply Curve," Discussion Papers Series 586, School of Economics, University of Queensland, Australia.
- Flavio M. Menezes & John Quiggin, 2017. "The Strategic Industry Supply Curve," Discussion Papers Series 584, School of Economics, University of Queensland, Australia.
- Holloway, Garth J., 1995. "Conjectural Variations With Fewer Apologies," Working Papers 225880, University of California, Davis, Department of Agricultural and Resource Economics.
- Kala Krishna & Torben Tranaes, 1999.
"Efficient Competition With Small Numbers -- With Applications to Privatisation and Mergers,"
NBER Working Papers
6952, National Bureau of Economic Research, Inc.
- Kala Krishna & Torben Tranæs, 1999. "Efficient Competition with Small Numbers - with Applications to Privatisation and Mergers," CIE Discussion Papers 1999-01, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- Delbono, Flavio & Lambertini, Luca, 2016.
"Ranking Bertrand, Cournot and supply function equilibria in oligopoly,"
Energy Economics, Elsevier, vol. 60(C), pages 73-78.
- F. Delbono & L. Lambertini, 2015. "Ranking Bertrand, Cournot and Supply Function Equilibria in Oligopoly," Working Papers wp1000, Dipartimento Scienze Economiche, Universita' di Bologna.
- Bulut, Harun & Koray, Semih, 2008.
"Competition and Regulation via Supply and Demand Functions in Oligopolistic-Oligopsonistic Markets,"
Working Papers
6136, Iowa State University, Department of Economics.
- Bulut, Harun & Koray, Semih, 2008. "Competition and Regulation Via Supply and Demand Functions in Oligopolistic-Oligopsonistic Markets," Staff General Research Papers Archive 12930, Iowa State University, Department of Economics.
- Michele Fioretti & Junnan He & Jorge Tamayo, 2024.
"Prices and Concentration: A U-Shape? Theory and Evidence from Renewables,"
Working Papers
hal-04631762, HAL.
- Michele Fioretti & Junnan He & Jorge Tamayo, 2024. "Prices and Concentration: A U-Shape? Theory and Evidence from Renewables," SciencePo Working papers Main hal-04631762, HAL.
- Michele Fioretti & Junnan He & Jorge Tamayo, 2024. "Prices and Concentration: A U-shape? Theory and Evidence from Renewables," Papers 2407.03504, arXiv.org.
- Flavio M. Menezes & John Quiggin, 2021. "Ex ante and ex post equilibrium supply curves," Discussion Papers Series 649, School of Economics, University of Queensland, Australia.
- Ramesh Johari & John N. Tsitsiklis, 2011. "Parameterized Supply Function Bidding: Equilibrium and Efficiency," Operations Research, INFORMS, vol. 59(5), pages 1079-1089, October.
- Massimo Motta & Michele Polo, "undated". "Product differentiation and endogenous mode of competition," Working Papers 134, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Makoto Nirei & John Stachurski & Tsutomu Watanabe, 2018. "Trade Clustering and Power Laws in Financial Markets (Published in Theoretical Economics, 15:1365?1398, 2020)," CARF F-Series CARF-F-450, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
- Nirei, Makoto & Stachurski, John & Watanabe, Tsutomu, 2020. "Trade clustering and power laws in financial markets," Theoretical Economics, Econometric Society, vol. 15(4), November.
- Attar, Andrea & Mariotti, Thomas & Salanié, François, 2019.
"On competitive nonlinear pricing,"
Theoretical Economics, Econometric Society, vol. 14(1), January.
- Andrea Attar & Thomas Mariotti & François Salanié, 2014. "On Competitive Nonlinear Pricing," CEIS Research Paper 314, Tor Vergata University, CEIS, revised 18 Apr 2014.
- Andrea Attar & Thomas Mariotti & Francois Salanie, 2019. "On competitive nonlinear pricing," Post-Print hal-02097209, HAL.
- Attar, Andrea & Mariotti, Thomas & Salanié, François, 2016. "On Competitive Nonlinear Pricing," TSE Working Papers 16-737, Toulouse School of Economics (TSE), revised Mar 2018.
- Attar, Andrea & Mariotti, Thomas & Salanié, François, 2016. "On Competitive Nonlinear Pricing," IDEI Working Papers 866, Institut d'Économie Industrielle (IDEI), Toulouse, revised Mar 2018.
- Salanié, François & Mariotti, Thomas & Attar, Andrea, 2015. "On Competitive Nonlinear Pricing," CEPR Discussion Papers 10850, C.E.P.R. Discussion Papers.
More about this item
Keywords
Competition intensity; Number of competitors; Mergers;All these keywords.
JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:117:y:2012:i:3:p:712-714. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.