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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP732 |
DP732 Inefficient Diversification in Multimarket Oligopoly with Diseconomies of Scope | |
Huw David Dixon | |
发表日期 | 1992-11-29 |
出版年 | 1992 |
语种 | 英语 |
摘要 | This paper considers the incentives of oligopolistic firms to diversify into technologically related markets when there are diseconomies of scope. There is a rent-extraction incentive for firms to adopt flexible technologies, which enable them to enter technologically related markets, thereby increasing competition. This strategic motive leads to inefficiency in production, however, due to diseconomies of scope. This paper shows that the welfare gain from increased competition can be more than offset by the inefficiency in production, which may lead to lower welfare than in the case of pure monopoly. |
关键词 | Diseconomies of scope Diversification Oligopoly |
URL | https://cepr.org/publications/dp732 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529891 |
推荐引用方式 GB/T 7714 | Huw David Dixon. DP732 Inefficient Diversification in Multimarket Oligopoly with Diseconomies of Scope. 1992. |
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