Free entry and social inefficiency under co-opetition

DOI10.1007/S00712-015-0469-XMaRDI QIDQ1654087zbMATH OpenOpenAlexFDO

Authors Keisuke Hattori, Takeshi Yoshikawa

Publication date 7 August 2018

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://mpra.ub.uni-muenchen.de/44816/1/MPRA_paper_44816.pdf

zbMATH Keywords

common property resourcesentry regulationsexcess entryfree entry

Mathematics Subject Classification ID

Multistage and repeated games (91A20) Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Free entry under common ownership
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• Entry and social efficiency under Bertrand competition and asymmetric information
• Excess entry in the absence of scale economies
• Social efficiency of entry in a vertically related industry revisited

Cites work

• Entry Barriers and Economic Welfare
• Entry regulation and social welfare with an integer problem.
• Equilibrium number of firms and economic welfare in a spatial price discrimination model
• Excess entry in the absence of scale economies
• Excessive entry and the integer constraint with many firms: A note
• Product Selection, Fixed Costs, and Monopolistic Competition
• Symmetric Cournot oligopoly and economic welfare: A synthesis

Cited in

(11)

• Free access vs private ownership: A comparison
• Free entry may reduce total willingness-to-pay
• Potential competition and coordination in a market-entry game
• Entry regulation and social welfare with an integer problem.
• The combination of two tragedies: commons and anticommons tragedies
• An analysis of entry-then-privatization model: welfare and policy implications
• Free entry does not imply zero profits
• Free entry under common ownership
• Inter-group competition through joint marketing efforts and intra-group Cournot competition
• Entry Deterrence and the Free Rider Problem
• Social efficiency of entry in a vertically related industry revisited

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