Technological gap and heterogeneous oligopoly

• Main Authors: Huang, Weihong, Zhang, Yang
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2019
• Subjects: Technological Gap; Heterogeneous Oligopoly; DRNTU::Social sciences::Economic development
• Online Access: https://hdl.handle.net/10356/104733; http://hdl.handle.net/10220/48624
• Institution: Nanyang Technological University

This paper explores the effect of technological gap on output, profits, market concentration, and social welfare in quantity setting oligopoly with firms of unequal sizes, holding different conjectures, operating with non-identical costs, and producing homogenous products. Assuming firms with relati...