How oligopolies may improve consumers' welfare? R\&D is no longer required!

DOI10.1007/978-3-030-23699-1_13MaRDI QIDQ2008310zbMATH OpenOpenAlexFDO

Authors Yanyan Li

Publication date 25 November 2019

Full work available at URL https://doi.org/10.1007/978-3-030-23699-1_13

zbMATH Keywords

additive preferencesBertrand competitionFord effectmonopolistic competitionSchumpeter hypothesis

Mathematics Subject Classification ID

Welfare economics (91B15) Microeconomic theory (price theory and economic markets) (91B24) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cited in

(1)

• Social welfare under oligopoly: does the strengthening of competition in production increase consumers' well-being?

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