Product market cooperation, entry and consumer welfare
Liu, Chih-Chen; Mukherjee, Arijit; Wang, Leonard F.S.
ARIJIT MUKHERJEE Arijit.Mukherjee@nottingham.ac.uk
Professor of Industrial Economics
Leonard F.S. Wang
It is usually believed that product-market cooperation among the competing firms is detrimental for the consumers. We show that this view may not be true in an endogenously determined market structure. Product-market cooperation may benefit the consumers by inducing entry of new firms. Our result is important for competition policies.
|Journal Article Type||Article|
|Journal||International Review of Economics & Finance|
|Peer Reviewed||Peer Reviewed|
|APA6 Citation||Liu, C., Mukherjee, A., & Wang, L. F. (2016). Product market cooperation, entry and consumer welfare. International Review of Economics and Finance, 44, 277-280. doi:10.1016/j.iref.2016.02.017|
|Keywords||Economics and Econometrics; Finance|
|Additional Information||This article is maintained by: Elsevier; Article Title: Product market cooperation, entry and consumer welfare; Journal Title: International Review of Economics & Finance; CrossRef DOI link to publisher maintained version: https://doi.org/10.1016/j.iref.2016.02.017; Content Type: article; Copyright: © 2016 Elsevier Inc. All rights reserved.|
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