Number of Firms and Price Competition
The relationship between the number of firms and price competition is a central issue in economics. To explore this relationship, we modify Varianís (1980) model and assume that firms are privately informed about their costs of production. Allowing that the support of possible cost types may be larg...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2014
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1566 https://ink.library.smu.edu.sg/context/soe_research/article/2565/viewcontent/BagwellLees021214.pdf |
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| Institution: | Singapore Management University |
| Language: | English |