Similar Search Results

Does a Platform Monopolist Want Competition?

Niedermayer, Andras F. - 2006

We consider a software vendor first selling a monopoly platform and then an application running on this platform. He may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for three reasons. First, his profits from the platform...

Persistent link: https://www.econbiz.de/10012733935

Existence and Comparative Statics in Heterogeneous Cournot Oligopolies

Hoernig, Steffen - 2006

We prove the existence of symmetric pure Cournot equilibria with heterogeneous goods under the following condition: each firm reacts to a rise in competirors output in such a way that its market price does not rise. This condition is not related to wether goods are strategic substitutes or...

Persistent link: https://www.econbiz.de/10012734549

Very Simple Markov-Perfect Industry Dynamics : Theory

Abbring, Jaap H. - 2017

This paper develops a simple model of firm entry, competition, and exit in oligopolistic markets. It features toughness of competition, sunk entry costs, and market-level demand and cost shocks, but assumes that firms' expected payoffs are identical when entry and survival decisions are made. We...

Persistent link: https://www.econbiz.de/10012959550

Entry Regulations, Welfare and Determinants of Market Structure

Maican, Florin - 2018

We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations …

Persistent link: https://www.econbiz.de/10012938283

Welfare-Enhancing Trade Unions in an Oligopoly with Excessive Entry

de Pinto, Marco - 2019

evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …

Persistent link: https://www.econbiz.de/10012866378

Sunk Costs, Entry, and Exit in Dynamic Oligopoly

Abbring, Jaap H. - 2015

This paper develops a dynamic econometric framework for the analysis of entry, exit, and competitive conduct in oligopolistic markets. This framework only requires panel data on the demand and producer counts of geographically dispersed markets over time. It is a dynamic extension of Bresnahan...

Persistent link: https://www.econbiz.de/10013019278

Very Simple Markov-Perfect Industry Dynamics : Empirics

Abbring, Jaap H. - 2018

This paper develops an econometric model of firm entry, competition, and exit in oligopolistic markets. The model has an essentially unique symmetric Markov-perfect equilibrium, which can be computed very quickly. We show that its primitives are identified from market-level data on the number of...

Persistent link: https://www.econbiz.de/10012934310

Cost uncertainty in an oligopoly with endogenous entry

De Pinto, Marco; Goerke, Laszlo - 2021

How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this question, we investigate a … Cournot oligopoly in which firms produce a homogeneous commodity and market entry is feasible. Marginal costs are unknown ex …-up. Furthermore, the welfare loss due to oligopoly tends to increase with uncertainty. …

Persistent link: https://www.econbiz.de/10012620737

Entry, Exit and the Determinants of Market Structure

Dunne, Timothy - 2010

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a dynamic, structural model of entry and exit in...

Persistent link: https://www.econbiz.de/10013144429

Tax evasion in a Cournot oligopoly with endogenous entry

Goerke, Laszlo - 2016

If an additional competitor reduces output per firm in a homogenous Cournot-oligopoly, market entry will be excessive …

Persistent link: https://www.econbiz.de/10011573537