Free entry under common ownership

DOI10.1016/J.ECONLET.2020.109489MaRDI QIDQ2208916zbMATH OpenOpenAlexFDO

Authors Susumu Sato, Toshihiro Matsumura

Publication date 4 November 2020

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://mpra.ub.uni-muenchen.de/97525/1/MPRA_paper_97525.pdf

zbMATH Keywords

circular marketsexcessive entryfree entryinsufficient entryoverlapping ownership

Mathematics Subject Classification ID

Welfare economics (91B15) Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

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Cited in

(15)

• Free entry may reduce total willingness-to-pay
• Free entry and social inefficiency under co-opetition
• Free entry does not imply zero profits
• Free entry under an output-cap constraint
• The impact on market outcomes of the portfolio selection of large equity investors
• Product positioning with overlapping ownership
• The dynamics of preemptive and follower investments with overlapping ownership
• Vertical differentiation with overlapping ownership
• General equilibrium oligopoly and ownership structure
• Common ownership in a delivered pricing duopoly
• Platform competition with common ownership
• Common ownership and information exchange in a duopoly
• Strategic capacity investment with common ownership
• On Cournot and Bertrand competition in collusive mixed oligopolies
• Payoff interdependence and welfare-improving location diversification

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