Oligopolistic competition and welfare

Robert Ritz

Chapter 7 in Handbook of Game Theory and Industrial Organization, Volume I, 2018, pp 181-200 from Edward Elgar Publishing

Abstract: This chapter provides a selective survey of recent developments in the study of social welfare under oligopoly. The main topics covered are (i) the rate of cost pass-through as a tool to analyze market performance; (ii) the quantification of welfare losses due to market power in Cournot-style models; and (iii) new results from models with endogenous entry. The chapter highlights common themes across these topics and identifies areas for future research.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2018
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Working Paper: Oligopolistic competition and welfare (2016)
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