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Oligopoly with a large number of competitors: asymmetric limit result

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  • Hiroaki Ino
  • Tomohiko Kawamori

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  • Hiroaki Ino & Tomohiko Kawamori, 2009. "Oligopoly with a large number of competitors: asymmetric limit result," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(2), pages 331-352, May.
  • Handle: RePEc:spr:joecth:v:39:y:2009:i:2:p:331-352
    DOI: 10.1007/s00199-008-0344-x
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    References listed on IDEAS

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    1. Wang, X. Henry, 1998. "Fee versus royalty licensing in a Cournot duopoly model," Economics Letters, Elsevier, vol. 60(1), pages 55-62, July.
    2. William Novshek, 1980. "Cournot Equilibrium with Free Entry," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(3), pages 473-486.
    3. Hiroaki Ino & Tomohiko Kawamori, 2009. "Oligopoly with a large number of competitors: asymmetric limit result," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(2), pages 331-352, May.
    4. Morton I. Kamien & Yair Tauman, 1986. "Fees Versus Royalties and the Private Value of a Patent," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(3), pages 471-491.
    5. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    6. Gavin C. Reid, 1979. "Forchheimer on Partial Monopoly," History of Political Economy, Duke University Press, vol. 11(2), pages 303-308, Summer.
    7. Kamien,Morton I. & Schwartz,Nancy L., 1982. "Market Structure and Innovation," Cambridge Books, Cambridge University Press, number 9780521293853, December.
    8. Kamien, Morton I., 1992. "Patent licensing," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 11, pages 331-354, Elsevier.
    9. Reid, Gavin C, 1977. "Comparative Statics of the Partial Monopoly Model," Scottish Journal of Political Economy, Scottish Economic Society, vol. 24(2), pages 153-162, June.
    10. Yair Tauman & Naoki Watanabe, 2007. "The Shapley Value of a Patent Licensing Game: the Asymptotic Equivalence to Non-cooperative Results," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(1), pages 135-149, January.
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    Cited by:

    1. 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.
    2. Jinji, Naoto, 2014. "Comparative statics for oligopoly: A generalized result," Economics Letters, Elsevier, vol. 124(1), pages 79-82.
    3. Hiroaki Ino & Toshihiro Matsumura, 2012. "How Many Firms Should Be Leaders? Beneficial Concentration Revisited," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(4), pages 1323-1340, November.
    4. Hiroaki Ino & Tomohiko Kawamori, 2009. "Oligopoly with a large number of competitors: asymmetric limit result," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(2), pages 353-353, May.
    5. Junichiro Ishida & Toshihiro Matsumura & Noriaki Matsushima, 2011. "Market Competition, R&D And Firm Profits In Asymmetric Oligopoly," Journal of Industrial Economics, Wiley Blackwell, vol. 59(3), pages 484-505, September.
    6. Makoto Yano & Takashi Komatsubara, 2018. "Price competition or price leadership," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 1023-1057, December.
    7. Kishimoto, Shin & Watanabe, Naoki & Muto, Shigeo, 2011. "Bargaining outcomes in patent licensing: Asymptotic results in a general Cournot market," Mathematical Social Sciences, Elsevier, vol. 61(2), pages 114-123, March.
    8. Hiroaki Ino, 2010. "Fee Versus Royalties in General Cost functions," Discussion Paper Series 65, School of Economics, Kwansei Gakuin University, revised Nov 2010.
    9. Ino Hiroaki & Matsumura Toshihiro, 2016. "Welfare-Improving Effect of a Small Number of Followers in a Stackelberg Model," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 16(1), pages 243-265, January.

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    More about this item

    Keywords

    Stackelberg game; Cournot game; Limit result; Marginal-cost advantage; Arrow effect; L11; L12; L13;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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