G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13764
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
URLhttps://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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