All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Hikaru Ogawa and Akira Nishimori
 
''Do Firms Always Choose Excess Capacity?''
( 2004, Vol. 12 No.2 )
 
 
We analyze the capacity choice of firms in a long-run mixed oligopoly market, in which firms decide not only production quantity but also capacity scale. Our main purpose is to show that while a profit-maximizing firm maintains over capacity as a strategic device, a firm pursuing non-pure profit chooses under capacity.
 
 
Keywords:
JEL: L3 - Nonprofit Organizations and Public Enterprise: General
L1 - Market Structure, Firm Strategy, and Market Performance: General
 
Manuscript Received : Jan 14 2004 Manuscript Accepted : Jan 15 2004

  This abstract has been downloaded 1160 times                The Full PDF of this paper has been downloaded 104264 times