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Free entry with cost reducing investment: a note

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Pereira, Pedro (1998) Free entry with cost reducing investment: a note. [ Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE); nº 13, 1998, ]

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Official URL: http://eprints.ucm.es/28802/


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Abstract

This paper extends Mankiw & Whinston' s (86) characterization of excessive entry to the case where firms, in addition to producing, can also make a deterministic cost reduction investment, either before, or at the same time as production.


Item Type:Working Paper or Technical Report
Uncontrolled Keywords:Excessive Entry; Cost Reducing Investment.
Subjects:Social sciences > Economics > Finance
Series Name:Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE)
Volume:1998
Number:13
ID Code:28802
Deposited On:02 Mar 2015 15:08
Last Modified:02 Mar 2015 15:08

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