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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13764 |
DP13764 Local Search Markets and External Competition | |
Konrad O Stahl; Patrick Legros | |
发表日期 | 2019-05-28 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Increased competition tends to benefit all buyers with increasing product variety and de- creasing prices. However, if local and external market channels compete for the same class of products, increased competition from the external market crowds out local variety. Under local monopoly, local buyer surplus co-moves with external buyer surplus. Under local free entry oligopoly, buyer surplus is U-shaped. If buyer surplus in the external market is low, local surplus is better provided by local oligopoly, but moves against external surplus; if it is high, local and external surplus co-move, and local surplus is better provided by local monopoly. |
主题 | Industrial Organization |
关键词 | Global competition Monopoly Oligopoly Search |
URL | https://cepr.org/publications/dp13764 |
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/542630 |
推荐引用方式 GB/T 7714 | Konrad O Stahl,Patrick Legros. DP13764 Local Search Markets and External Competition. 2019. |
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