On the Effects of Entry under Flexible Production Techniques: An Example of Quasi-Anticompetitiveness

Bacchiega, Emanuele ; Garella, Paolo G. (2007) On the Effects of Entry under Flexible Production Techniques: An Example of Quasi-Anticompetitiveness. Bologna: Dipartimento di Scienze economiche DSE, p. 8. DOI 10.6092/unibo/amsacta/4703. In: Quaderni - Working Paper DSE (581). ISSN 2282-6483.
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Abstract

We study reactions to entry in a Cournot model, contrasting the case where firms are endowed with unchangeable technologies against that where technologies are flexible. By the latter we mean that firms can change the installed production technique at zero cost (fully flexible technologies). We show that when firms are technologically flexible, entry can increase equilibrium prices. The analysis is cast in a short- run time horizon to simplify exposition, but its predictive power may better relate to the long run.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Bacchiega, Emanuele
Garella, Paolo G.
Parole chiave
Entry, Technological Flexibility, Oligopoly Theory.
Settori scientifico-disciplinari
ISSN
2282-6483
DOI
Data di deposito
26 Feb 2016 12:37
Ultima modifica
26 Feb 2016 12:37
URI

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