G2TT
来源类型Discussion paper
规范类型论文
来源IDDP732
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
URLhttps://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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