Soft-Capacity constrained price competition with entry and a minimum firm size: Chamberlin without differentiation - HAL-SHS - Sciences de l'Homme et de la Société Access content directly
Preprints, Working Papers, ... Year : 2020

Soft-Capacity constrained price competition with entry and a minimum firm size: Chamberlin without differentiation

Abstract

We consider a model of price competition in a homogeneous good, with soft-capacity constraints, in the special case of a Sone-Geary production function that implies a minimum firm size and leads to a U-shaped average cost function. We study free entry and obtain a Chamberlin-like result: zero profit and a positive markup at equilibrium.
Fichier principal
Vignette du fichier
GMPC_HAL.pdf (517.11 Ko) Télécharger le fichier
Origin : Files produced by the author(s)
Loading...

Dates and versions

hal-02909801 , version 1 (31-07-2020)

Identifiers

  • HAL Id : hal-02909801 , version 1

Cite

Marie-Laure Cabon-Dhersin, Nicolas Drouhin. Soft-Capacity constrained price competition with entry and a minimum firm size: Chamberlin without differentiation. 2020. ⟨hal-02909801⟩
200 View
78 Download

Share

Gmail Facebook X LinkedIn More