The economics of competition, collusion and in-between
(2021) ISBN: [9783030636012], 160 pages, published
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- Abstract
- - Introduces a comprehensive model of firm oligopolistic behaviour, with price-quantity competition, nesting a multiplicity of competition regimes, with conduct parameters varying continuously between tacit collusion and cutthroat competition. - Provides an approach by which to empirically measure market power, using a tractable framework that is parsimonious in the parameter space. - Extends the potential applications (in IO, Trade and Macro) and reinforces the general equilibrium dimension of Dixit-Stiglitz (1977) seminal model by assuming non-negligible firms (and hence non-negligible intersectoral effects) and by further exploiting separability with one or more groups of firms
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d’Aspremont-Lynden, C., & Dos Santos Ferreira, R. (2021). The economics of competition, collusion and in-between. Palgrave Macmillan. https://hdl.handle.net/2078.5/242646