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Arijit Mukherjee
''Excessive entry in a bilateral oligopoly''
( 2009, Vol. 29 No.1 )
In a supplementary note to Ghosh and Morita ("Social desirability of free entry: a bilateral oligopoly analysis," 2007, IJIO), an example has been used to show that the condition for insufficient entry holds under the right-to-manage model of a vertically related industry. Using a linear demand curve, this note makes it clear that excessive entry rather than insufficient entry is quite common under a right-to-manage model, and shows that excessive entry occurs if the cost of entry is not very high.
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
L4 - Antitrust Issues and Policies: General
Manuscript Received : Nov 24 2008 Manuscript Accepted : Feb 24 2009

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