Entry and consumer welfare in a differentiated Cournot oligopoly

被引：0

作者：

Chung, Hoe Sang ^{[1
]}

机构：

[1] Kangwon Natl Univ, Dept Econ, Chunchon, South Korea

来源：

ECONOMICS LETTERS | 2023年 / 231卷

关键词：

Entry; Consumer welfare; Cournot oligopoly; Differentiated products; QUASI-COMPETITIVENESS; NUMBER; MODEL;

D O I：

10.1016/j.econlet.2023.111283

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study investigates the effect of entry on consumer welfare in a Cournot oligopoly with differentiated products. Considering the entry of a firm that is less efficient than incumbents, I show that in contrast to the case of homogeneous products, entry is detrimental to consumers if the entrant is sufficiently inefficient.& COPY; 2023 Elsevier B.V. All rights reserved.

引用

页数：3