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ENTRY IN A STACKELBERG PERFECTEQUILIBRIUM

Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2005

This paper considers welfare effects of entry when the incumbent firmbehaves like a Stackelberg leader in the product market. In contrast to previous work(Klemperer, 1988, Journal of Industrial Economics), we show that entry may alwaysincrease welfare. Using general demand function, we show the...

Persistent link: https://www.econbiz.de/10005868767

ENTRY, LICENSING AND WELFARE

Mukherjee, Arijit; Mukherjee, Soma - University <Nottingham> / Department of Economics - 2005

We show the welfare effects of entry in presence of technology licensingunder Cournot competition. If the entrant is …

Persistent link: https://www.econbiz.de/10005868772

Entry in a vertically separated industry:price vs. quantity competition

Mukherjee, Arijit; Broll, Udo; Mukherjee, Soma - University <Nottingham> / Department of Economics - 2004

This paper considers the effects of entry in the final goods market when the input market is imperfectly competitive. We show that entry of a new firm may increase profit of the incumbent if the technology of the entrant is sufficiently inferior to that of the incumbent...

Persistent link: https://www.econbiz.de/10005868787

PRICE AND QUANTITY COMPETITION UNDER FREE ENTRY

Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2004

This paper shows that if number of firms is determined endogenously, Cournot competition generates higher welfare … compared to Bertrand competition when products are sufficiently differentiated. If products are close substitutes, welfare is … higher under Bertrand competition. We show that the qualitative results are robust with respect to different demand …

Persistent link: https://www.econbiz.de/10005868798

LICENSING AND WELFARE REDUCING COMPETITION

Mukherjee, Arijit; Mukherjee, Soma - University <Nottingham> / Department of Economics - 2003

incentive for entry and thus, increases competition. If technology of the incumbent and entrant is sufficiently close, licensing …

Persistent link: https://www.econbiz.de/10005868809

WELFARE EFFECTS OF ENTRY: THE IMPACT OFLICENSING

Mukherjee, Arijit; Mukherjee, Soma - University <Nottingham> / Department of Economics - 2003

competition policy... …

Persistent link: https://www.econbiz.de/10005868907