What people are saying - Write a review
We haven't found any reviews in the usual places.
Absolute Cost Advantages and Barriers to Entry
Economies of Scale without Intertemporal Links
16 other sections not shown
Other editions - View all
allocation of resources analysis assume assumption b+1+n barriers to entry behavior benefit of innovation capital chapter consumers contingent commodity cost advantages demand function derived discounted discussed distortion economies of scale effect efficiency elasticity entrepreneur entry barriers equal equation exists expected value externality extrapolation principle given goodwill hence high quality higher imitators implies incentive incumbent firms indifference curves inno innovation costs investment linear price schedule lity marginal cost maximizing natural monopoly obtain Obviously oligopolistic optimal optimum output parameter patent protection perfect competition positive predatory pricing private benefits problem product differentiation product of unknown product quality profit progressive industries quality premium quality product rate of growth rational expectations reasons reduce relevant rises risk aversion risky Seiten situation social benefit social cost strategies strong interaction structure substantial supplier theory tion unknown quality variable vertical integration X-inefficiency zero