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A Model of Duopoly Suggesting a Theory of Entry Barriers
Abstract
The descriptive and empirical literature in Industrial Organization abounds with reference to economies of scale, product differentiation, and absolute advantages in cost or demand enjoyed by some firms over others. In particular, they feature prominently in Bain's list of barriers to entry in. However, textbook models of oligopoly often abstract away from all these features, and assume a homogeneous product with equal constant costs for all firms in the industry. The real-world complexities are confined to informal remarks, suggesting vague modifications of the formal results. This happens even in such outstanding treatments as those of Feller and Scherer.
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Citations
Cited by
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Kreps, D. M., & Wilson, R. (1982) · Journal of Economic Theory · doi:10.1016/0022-0531(82)90030-8 · Cited by 3,087
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Ottaviano, G., Tabuchi, T., & Thisse, J. (2002) · International Economic Review · doi:10.1111/1468-2354.t01-1-00021 · Cited by 929
Duopoly information equilibrium: Cournot and bertrand
Vives, X. (1984) · Journal of Economic Theory · doi:10.1016/0022-0531(84)90162-5 · Cited by 719
A Note on Price and Quantity Competition in Differentiated Oligopolies
Häckner, J. (2000) · Journal of Economic Theory · doi:10.1006/jeth.2000.2654 · Cited by 506
Strategic Information Systems Revisited: A Study in Sustainability and Performance
Kettinger, W. J., Grover, V., Guha, S., & Segars, A. H. (1994) · MIS Quarterly · doi:10.2307/249609 · Cited by 502
Metadata
- Authors
- Dixit, A.
- Venue
- The Bell Journal of Economics
- Publisher
- JSTOR
- Published
- 1979
- Volume
- 10
- Issue
- 1
- Pages
- 20
- ISSN
- 0361-915X (ISSN-L)
- OpenAlex
- W2301321055
- Cited by
- 948
- References
- 0
- FWCI
- 13.96
- Type
- journal article
- Language
- en
- Open access
- closed
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