Welfare losses under Cournot competition
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- C.C. von Weizsaker, 1980. "A Welfare Analysis of Barriers to Entry," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 399-420, Autumn.
- Kotaro Suzumura & Kazuharu Kiyono, 1987. "Entry Barriers and Economic Welfare," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(1), pages 157-167.
- Farrell, Joseph & Shapiro, Carl, 1990.
"Horizontal Mergers: An Equilibrium Analysis,"
American Economic Review, American Economic Association, vol. 80(1), pages 107-126, March.
- Farrell, J. & Shapiro, C., 1988. "Horizontal Mergers: An Equilibrium Analysis," Papers 17, Princeton, Woodrow Wilson School - Discussion Paper.
- Farrell, Joseph & Shapiro, Carl, 1988. "Horizontal Mergers: An Equilibrium Analysis," Department of Economics, Working Paper Series qt0tp305nx, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Joseph Farrell and Carl Shapiro., 1988. "Horizontal Mergers: An Equilibrium Analysis," Economics Working Papers 8880, University of California at Berkeley.
- Anderson, Simon P. & Renault, Regis, 2003.
"Efficiency and surplus bounds in Cournot competition,"
Journal of Economic Theory, Elsevier, vol. 113(2), pages 253-264, December.
- Simon P. Anderson & Régis Renault, 2001. "Efficiency and surplus bounds in Cournot competition," Virginia Economics Online Papers 360, University of Virginia, Department of Economics.
- Simon P. Anderson & Regis Renault, 2001. "Effciency and surplus bounds in Cournot competition," Virginia Economics Online Papers 353, University of Virginia, Department of Economics.
- Dasgupta, Partha & Ushio, Yoshiaki, 1981. "On the rate of convergence of oligopoly equilibria in large markets : An example," Economics Letters, Elsevier, vol. 8(1), pages 13-17.
- Fraysse, J. & Moreaux, M., 1981. "Cournot equilibrium in large markets under increasing returns," Economics Letters, Elsevier, vol. 8(3), pages 217-220.
- Jeffrey R. Campbell & Hugo A. Hopenhayn, 2005.
"Market Size Matters,"
Journal of Industrial Economics, Wiley Blackwell, vol. 53(1), pages 1-25, March.
- Jeffrey Campbell, 2000. "Market Size Matters," Econometric Society World Congress 2000 Contributed Papers 1225, Econometric Society.
- Jeffrey R. Campbell & Hugo A. Hopenhayn, 2003. "Market size matters," Working Paper Series WP-03-12, Federal Reserve Bank of Chicago.
- Jeffrey R. Campbell & Hugo A. Hopenhayn, 2002. "Market Size Matters," NBER Working Papers 9113, National Bureau of Economic Research, Inc.
- Yoshiaki Ushio, 1983. "Cournot Equilibrium with Free Entry: The Case of Decreasing Average Cost Functions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(2), pages 347-354.
- Daughety, Andrew F, 1990. "Beneficial Concentration," American Economic Review, American Economic Association, vol. 80(5), pages 1231-1237, December.
- Javier M. López-Cuñat, 1999. "One-stage and two-stage entry Cournot equilibria," Investigaciones Economicas, Fundación SEPI, vol. 23(1), pages 115-128, January.
- McHardy, J.P., 2000. "Miscalculations of Monopoly and Oligopoly Welfare Losses with Linear Demand," Papers 274, Universite de Nantes - Economie Internationale et de l'Entreprise.
- William Novshek, 1980. "Cournot Equilibrium with Free Entry," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(3), pages 473-486.
- Lahiri, Sajal & Ono, Yoshiyasu, 1988. "Helping Minor Firms Reduces Welfare," Economic Journal, Royal Economic Society, vol. 98(393), pages 1199-1202, December.
- N. Gregory Mankiw & Michael D. Whinston, 1986. "Free Entry and Social Inefficiency," RAND Journal of Economics, The RAND Corporation, vol. 17(1), pages 48-58, Spring.
- Bresnahan, Timothy F & Reiss, Peter C, 1991.
"Entry and Competition in Concentrated Markets,"
Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 977-1009, October.
- Bresnahan, T.F & Reiss, P.C., 1989. "Entry And Competition In Concentrated Markets," Papers 151, Stanford - Studies in Industry Economics.
- Guesnerie, Roger & Hart, Oliver, 1985. "Welfare Losses Due to Imperfect Competition: Asymptotic Results for Cournot Nash Equilibria with and without Free Entry," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(3), pages 525-545, October.
- Gordon Tullock, 2003. "The Origin Rent-Seeking Concept," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 2(1), pages 1-8, April.
- Yarrow, G K, 1985. "Welfare Losses in Oligopoly and Monopolistic Competition," Journal of Industrial Economics, Wiley Blackwell, vol. 33(4), pages 515-529, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Münter, Markus Thomas, 2017. "Endogenous number of firms, horizontal concentration and heterogeneity of firms—A note," Economics Letters, Elsevier, vol. 154(C), pages 74-76.
- Ritz Robert A., 2009.
"Cost Pass-Through under Delegation,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 8(1), pages 1-19, January.
- Robert A. Ritz, 2008. "Cost pass-through under delegation," Economics Series Working Papers 404, University of Oxford, Department of Economics.
- Tsitsiklis, John N. & Xu, Yunjian, 2014. "Efficiency loss in a Cournot oligopoly with convex market demand," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 46-58.
- Meunier, Guy, 2010. "Capacity choice, technology mix and market power," Energy Economics, Elsevier, vol. 32(6), pages 1306-1315, November.
- Baosen Zhang & Ramesh Johari & Ram Rajagopal, 2015. "Competition and Efficiency of Coalitions in Cournot Games with Uncertainty," Papers 1503.02479, arXiv.org, revised Aug 2017.
- Pedro Ferreira, 2017. "Welfare Changes in the Cournot Setting with an Empirical Application to the Telecommunications Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 65(1), pages 194-213, March.
- Song, Jinbo & Zhao, Yunpeng & Jin, Lulu & Sun, Yan, 2018. "Pareto optimization of public-private partnership toll road contracts with government guarantees," Transportation Research Part A: Policy and Practice, Elsevier, vol. 117(C), pages 158-175.
- Simai He & Xiaoguo Wang & Shuzhong Zhang, 2013. "On a generalized Cournot oligopolistic competition game," Journal of Global Optimization, Springer, vol. 56(4), pages 1335-1345, August.
- Argenziano, Rossella & Schmidt-Dengler, Philipp, 2013. "Competition, timing of entry and welfare in a preemption game," Economics Letters, Elsevier, vol. 120(3), pages 509-512.
- Argenziano, Rossella & Schmidt-Dengler, Philipp, 2012. "Inefficient entry order in preemption games," Journal of Mathematical Economics, Elsevier, vol. 48(6), pages 445-460.
- Corchón, Luis C. & Zudenkova, Galina, 2009.
"Computing welfare losses from data under imperfect competition with heterogeneous goods,"
International Journal of Industrial Organization, Elsevier, vol. 27(6), pages 646-654, November.
- Zudenkova, Galina, 2008. "Computing welfare losses from data under imperfect competition with heterogeneous goods," UC3M Working papers. Economics we082616, Universidad Carlos III de Madrid. Departamento de EconomÃa.
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.- Corchón, Luis C. & Zudenkova, Galina, 2009.
"Computing welfare losses from data under imperfect competition with heterogeneous goods,"
International Journal of Industrial Organization, Elsevier, vol. 27(6), pages 646-654, November.
- Zudenkova, Galina, 2008. "Computing welfare losses from data under imperfect competition with heterogeneous goods," UC3M Working papers. Economics we082616, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Rabah Amir, "undated".
"Market Structure, Scale Economies and Industry Performance,"
CIE Discussion Papers
2000-03, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- AMIR, Rabah, 2003. "Market structure, scale economies and industry performance," LIDAM Discussion Papers CORE 2003065, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Rabah Amir, 2000. "Market Structure, Scale Economies and Industry Performance," Discussion Papers 00-08, University of Copenhagen. Department of Economics.
- Rahab Amir, 2000. "Market Structure, Scale Economies, and Industry Performance," CIG Working Papers FS IV 00-08, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- repec:cte:werepe:we063910 is not listed on IDEAS
- Robert A. Ritz, 2014.
"On Welfare Losses Due to Imperfect Competition,"
Journal of Industrial Economics, Wiley Blackwell, vol. 62(1), pages 167-190, March.
- Ritz, R.A., 2012. "On welfare losses due to imperfect competition," Cambridge Working Papers in Economics 1234, Faculty of Economics, University of Cambridge.
- Susumu Cato & Toshihiro Matsumura, 2019.
"Entry License Tax: Stackelberg versus Cournot,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 175(2), pages 258-271.
- Cato, Susumu & Matsumura, Toshihiro, 2013. "Entry-License Tax: Stackelberg versus Cournot," MPRA Paper 81297, University Library of Munich, Germany, revised 12 Sep 2017.
- Arijit Mukherjee & Udo Broll & Soma Mukherjee, 2009.
"The welfare effects of entry: the role of the input market,"
Journal of Economics, Springer, vol. 98(3), pages 189-201, December.
- Arijit Mukherjee & Udo Broll & Soma Mukherjee, 2008. "The welfare effects of entry: the role of the input market," Discussion Papers 08/12, University of Nottingham, School of Economics.
- Varian, Hal R., 1995. "Entry and cost reduction," Japan and the World Economy, Elsevier, vol. 7(4), pages 399-410, November.
- Okumura, Yasunori, 2015. "Existence of free entry equilibrium in aggregative games with asymmetric agents," Economics Letters, Elsevier, vol. 127(C), pages 14-16.
- Chia-Hui Chen & Junichiro Ishida & Arijit Mukherjee, 2018. "An Entry Game with Learning and Market Competition," ISER Discussion Paper 1043, Institute of Social and Economic Research, Osaka University.
- Tsai, Yingyi & Mukherjee, Arijit & Chen, Jong-Rong, 2016. "Host market competition, foreign FDI and domestic welfare," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 13-22.
- Jingang Zhao, 2009. "Necessary and sufficient conditions for the optimal number of firms," Journal of Economics, Springer, vol. 98(3), pages 235-246, December.
- Ryan Fang & Martin Richardson, 2017.
"Private and Public Incentives for Mergers in the Face of Foreign Entry,"
World Scientific Book Chapters, in: Dimensions of Trade Policy, chapter 13, pages 263-282,
World Scientific Publishing Co. Pte. Ltd..
- Ryan Fang & Martin Richardson, 2010. "Private and Public Incentives for Mergers in the Face of Foreign Entry," Review of Development Economics, Wiley Blackwell, vol. 14(3), pages 520-532, August.
- Martin Richardson & Ryan Fang, 2008. "Private and public incentives for mergers in the face of foreign entry," ANU Working Papers in Economics and Econometrics 2008-494, Australian National University, College of Business and Economics, School of Economics.
- Luca Colombo & Paola Labrecciosa & Patrick Paul Walsh, 2005.
"Optimal Corporation Tax: An I.O. Approach,"
The Institute for International Integration Studies Discussion Paper Series
iiisdp97, IIIS.
- Luca Colombo & Paola Labrecciosa & Patrick Paul Walsh, 2006. "Optimal Corporation Tax: An I.O. Approach," STICERD - Economics of Industry Papers 42, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Colombo, Luca & Labrecciosa, Paola & Walsh, Patrick Paul, 2006. "Optimal corporation tax: an I.O. approach," LSE Research Online Documents on Economics 6719, London School of Economics and Political Science, LSE Library.
- Robert A. Ritz, 2014.
"On Welfare Losses Due to Imperfect Competition,"
Journal of Industrial Economics,
Wiley Blackwell, vol. 62(1), pages 167-190, March.
- Ritz, R.A., 2012. "On welfare losses due to imperfect competition," Cambridge Working Papers in Economics 1234, Faculty of Economics, University of Cambridge.
- Robert Ritz, 2013. "On welfare losses due to imperfect competition," Cambridge Working Papers in Economics 1334, Faculty of Economics, University of Cambridge.
- Keisuke Hattori & Takeshi Yoshikawa, 2016.
"Free entry and social inefficiency under co-opetition,"
Journal of Economics, Springer, vol. 118(2), pages 97-119, June.
- Hattori, Keisuke & Yoshikawa, Takeshi, 2013. "Free Entry and Social Inefficiency under Co-opetition," MPRA Paper 44816, University Library of Munich, Germany.
- Colin von Negenborn, 2023.
"The more the merrier? On the optimality of market size restrictions,"
Review of Economic Design, Springer;Society for Economic Design, vol. 27(3), pages 603-634, September.
- Colin von Negenborn, 2019. "The More the Merrier? On the Optimality of Market Size Restrictions," Rationality and Competition Discussion Paper Series 183, CRC TRR 190 Rationality and Competition.
- Kazuharu Kiyono & Jota Ishikawa, 2013. "Reexamination of Strategic Public Policies," The Japanese Economic Review, Japanese Economic Association, vol. 64(2), pages 201-231, June.
- Shoji Haruna & Rajeev Goel, 2011. "R&D, free entry, and social inefficiency," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(1), pages 89-101.
- Vivien Lewis & Roland Winkler, 2015.
"Product Diversity, Demand Structures, And Optimal Taxation,"
Economic Inquiry, Western Economic Association International, vol. 53(2), pages 979-1003, April.
- Vivien LEWIS & Roland WINKLER, 2013. "Product diversity, demand structures and optimal taxation," Working Papers of Department of Economics, Leuven ces13.22, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Winkler, Roland & Lewis, Vivien, 2014. "Product Diversity, Demand Structures and Optimal Taxation," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100590, Verein für Socialpolitik / German Economic Association.
- Fujita, Yasunori, 2008. "Competition and welfare for a stochastically fluctuating market with irreversible decisions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(12), pages 2846-2850.
- Federico Etro, 2014. "The Theory Of Endogenous Market Structures," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 804-830, December.
Corrections
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:indorg:v:26:y:2008:i:5:p:1120-1131. 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/inca/505551 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.