search query: @author Amir, R. / total: 9
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| Author: | Amir, R. Lambson, V. E. |
| Title: | On the effects of entry in Cournot markets |
| Journal: | Review of Economic Studies
2000 : APR, VOL. 67:2(231), p. 235-254 |
| Index terms: | Oligopoly Market research Econometric models Equilibrium theory |
| Language: | eng |
| Abstract: | In the framework of symmetric Cournot oligopoly, this paper provides two minimal sets of assumptions on the demand and cost functions that imply respectively that, as the number of firms increases, the minimal and maximal equilibria lead to decreasing industry price and increasing or decreasing per-firm output; and increasing industry price (and decreasing per firm output). In both cases, per-firm profits are decreasing. |
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