Product market cooperation, entry and consumer welfare

Liu, Chih-Chen; Mukherjee, Arijit; Wang, Leonard F.S.

Abstract

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.

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

• Journal Article Type: Article
• Acceptance Date: Feb 17, 2016
• Online Publication Date: Feb 26, 2016
• Publication Date: 2016-07
• Deposit Date: Dec 9, 2018
• Journal: International Review of Economics & Finance
• Print ISSN: 1059-0560
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 44
• Pages: 277-280
• DOI: https://doi.org/10.1016/j.iref.2016.02.017
• Keywords: Economics and Econometrics; Finance
• Public URL: https://nottingham-repository.worktribe.com/output/1394370
• Publisher URL: https://www.sciencedirect.com/science/article/pii/S1059056016000435
• 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.