Ian, M. Dobbs; Richards, Paul - In: International Journal of the Economics of Business 1 (1994) 3, pp. 355-376
This paper discusses work on computable models of entry into regulated markets. Cournot, Stackelberg and Fringe entry … desirability of entry. The simulation results illustrate that welfare optimal component pricing can be highly sensitive to model … component price) exists. In addition, the welfare desirability of entry is seen to be sensitive to the choice of welfare …