haku: @author McWilliams, A. / yhteensä: 6
viite: 6 / 6
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Tekijä: | McWilliams, A. |
Otsikko: | Rethinking horizontal market restrictions: in defense of cooperation in empty core markets |
Lehti: | Quarterly Review of Economics and Business
1990 : AUTUMN, VOL. 30:3, p.3-14 |
Asiasana: | OPERATIONAL RESEARCH GAME THEORY |
Kieli: | eng |
Tiivistelmä: | The paper discusses the controversy between legal scholars and economists over allowing cooperation in markets having empty cores. Examining the long-run social cost that may result from firms' actions to avoid empty cores shows that forcing competition may result in the persistence of sub-optimal small plants. |
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