Does entry improve welfare? A general equilibrium approach to competition policy

We consider a simple general equilibrium model with imperfect competition. Firms are price takers in the input market and compete à la Cournot in some or all of the product markets and their technologies display constant returns to scale. We show that an increase in the number of firms in a given se...

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Bibliographic details
Volume: 98
Main Author: Crettez, Bertrand
Fagart, Marie-Cecile
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: WIEN Springer-Verlag 01.11.2009
published in: Journal of economics (Vienna, Austria) Vol. 98; no. 2; pp. 97 - 118
Data of publication: 20091101
ISSN: 0931-8658
EISSN: 1617-7134
Discipline: Economics
Online Access: Fulltext
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2009
Academic OneFile (A&I only)
Database information Databases - DBIS