Social efficiency of entry in a vertically related industry revisited

DOI10.1016/J.ECONLET.2020.109200MaRDI QIDQ777723zbMATH OpenOpenAlexFDO

Authors Hang Cao, Leonard F. S. Wang

Publication date 7 July 2020

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2020.109200

zbMATH Keywords

cost asymmetryinsufficient entryexcess entryvertical structure

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Social efficiency of entry in a vertically related industry
• Social efficiency of entry in a vertical structure with third degree price discrimination
• Entry and social efficiency under Bertrand competition and asymmetric information
• Vertical cross‐ownership, input price discrimination, and social welfare
• Social inefficiency of free entry under the product diversity
• Market competition, social welfare in an entry-constrained differentiated-good oligopoly
• Social desirability of entry in a bilateral oligopoly -- the implications of (non) sunk costs
• On the Effects of Entry in Cournot Markets
• Free entry and social inefficiency under co-opetition
• The efficiency of competing vertical chains with network externalities

Cites work

• Entry Barriers and Economic Welfare
• Excess entry in the absence of scale economies
• Social efficiency of entry in a vertically related industry

Cited in

(9)

• Social desirability of entry in a bilateral oligopoly -- the implications of (non) sunk costs
• Two rationales for insufficient entry
• Social efficiency of entry in a vertical structure with third degree price discrimination
• Profit raising entry in a vertical structure
• Market entry strategy by vertically integrated firms: direct entry vs. spin-off
• The effects of downstream entry in a vertical mixed oligopoly: the role of input pricing
• Free entry and social inefficiency under co-opetition
• Social efficiency of entry in a vertically related industry
• Entry and social efficiency under Bertrand competition and asymmetric information

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