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Industry profits and competition under bilateral oligopoly
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UNSPECIFIED (2002) Industry profits and competition under bilateral oligopoly. ECONOMICS LETTERS, 77 (2). pp. 169-175. ISSN 0165-1765.
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Abstract
We show that, contrary to the key result of the standard Cournot-Nash oligopoly model, industry profits can increase with the number of firms if input prices are not exogenous but are determined by bargaining in bilateral oligopoly. (C) 2002 Elsevier Science B.V. All rights reserved.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
| Journal or Publication Title: | ECONOMICS LETTERS | ||||
| Publisher: | ELSEVIER SCIENCE SA | ||||
| ISSN: | 0165-1765 | ||||
| Official Date: | October 2002 | ||||
| Dates: |
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| Volume: | 77 | ||||
| Number: | 2 | ||||
| Number of Pages: | 7 | ||||
| Page Range: | pp. 169-175 | ||||
| Publication Status: | Published |
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