Oligopolistic competition among groups

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Oligopolistic competition among groups

Author(s): Corchón, Luis C.
Publisher: Elsevier
Issued date: 1991
Citation: Economics Letters. 1991, vol.36, nº 1, p. 1-3
ISSN: 0165-1765
DOI: 10.1016/0165-1765(91)90045-M
Review: PeerReviewed
Publisher version: http://dx.doi.org/10.1016/0165-1765(91)90045-M
URI: http://hdl.handle.net/10016/4205

Abstract:

In this paper we study an oligopolistic equilibria in which (possibly few) corporations can crea te as many firms as they like. It is shown by means of two examples that under constant returns to scale, Subgame Perfect Nash Equilibria implies perfect competiti [+]

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