Beyond Simple Profit Maximization in Uncertain Markets: How Innovation and Entry Change Supply Curves and Producer Surplus

John B. Horowitz, Michael A. Karls, Juan Sesmero and T. Norman Van Cott
Additional contact information
John B. Horowitz: Ball State University
Michael A. Karls: Ball State University
Juan Sesmero: Purdue University
T. Norman Van Cott: Ball State University

Journal of Private Enterprise, 2023, vol. 38, issue Summer 2023, 55-77

Keywords: innovation; technological change; entry; producer surplus; consumer surplus; total surplus; supply elasticity (search for similar items in EconPapers)
JEL-codes: A1 D2 D6 O3 (search for similar items in EconPapers)
Date: 2023
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