Social efficiency of entry in a vertically related industry

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Social efficiency of entry in a vertically related industry

We provide a new perspective to the literature on social desirability of entry by showing that, if the input supplier has market power, social desirability of entry of the final goods producers depends on returns to scale. Entry in the final goods market can be socially insufficient under constant r...

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Bibliographic Details
Main Authors:	Basak, Debasmita, Mukherjee, Arijit
Format:	Article
Published:	Elsevier 2016
Subjects:	Excess entry; Insufficient entry; Decreasing returns to scale
Online Access:	https://eprints.nottingham.ac.uk/31592/

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