Wang, Leonard F.S.; Lee, Jen-Yao - In: Research in Economics 66 (2012) 1, pp. 106-109
In this paper, we examine the ranking of the maximum-revenue tariff and the optimum-welfare tariff under a linear Cournot oligopoly model without and with free entry of domestic firms. We demonstrate that in a regulated entry oligopoly with asymmetric costs, when the marginal cost of the...