On the effects of entry in Cournot markets.

In the framework of symmetric Cournot oligopoly, this paper provides two minimal sets of assumptions on the demand and cost functions that imply respectively that, as the number of firms increases, the minimal and maximal equilibria lead to (i) decreasing industry price and increasing or decreasing...

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Bibliographic Details

Published in:	Review of Economic Studies pp. 235 - 255
Main Authors:	Amir, Rabah, Lambson, Val E.
Format:	Article
Published:	Oxford University Press / UK 2) (April 2000
Subjects:	Welfare economics Market penetration Mathematical models of marketing Lattice theory Oligopolies Mathematical models
Online Access:	View this record in EBSCOhost