González Maestre, Miguel; Peñarrubia Blasco, Diego J. - In: Estudios de economía 44 (2017) 2, pp. 157-172
Motivated by the fact that some regulations involve extra costs for those firms at a size beyond a critical threshold, this paper contributes to the analysis of the welfare distortions due to these regulations. In the context of a duopoly, our results show that social welfare is not monotonic...
