When entry of the relatively inefficient firms is deterred due to fixed costs, leading to a monopoly of the relatively …. This has relevance for the recent entry of China in WTO and the abolition of export quotas in textiles. This also qualifies …

(may increase) domestic welfare in the presence of a domestic labour union. We also show that entry for the domestic …

-financed oligopoly in which firms face an imperfect credit market. We consider two situations, without and with credit rationing, i …

-financed oligopoly in which firms face an imperfect credit market. We consider two situations, without and with credit rationing, i …

In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …

In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …