On the Profitability of Production Constraints in a Dynamic Natural Resource Oligopoly
dc.contributor.author | Benchekroun, Hassan | |
dc.contributor.author | Gaudet, Gérard | |
dc.date.accessioned | 2008-01-24T14:27:45Z | |
dc.date.available | 2008-01-24T14:27:45Z | |
dc.date.issued | 1997 | |
dc.identifier.uri | http://hdl.handle.net/1866/2013 | |
dc.format.extent | 722157 bytes | |
dc.format.mimetype | application/pdf | |
dc.publisher | Université de Montréal. Département de sciences économiques. | fr |
dc.subject | [JEL:L10] Industrial Organization - Market Structure, Firm Strategy, and Market Performance - General | en |
dc.subject | [JEL:L10] Organisation Industrielle - Stratégie de l'entreprise, structure et performance du marché - Généralités | fr |
dc.title | On the Profitability of Production Constraints in a Dynamic Natural Resource Oligopoly | |
dc.type | Article | |
dc.contributor.affiliation | Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques | |
dcterms.abstract | Static oligopoly analysis predicts that if a single firm in Cournot equilibrium were to be constrained to contract its production marginally, its profits would fall. on the other hand, if all the firms were simultaneously constrained to reduce their productino, thus moving the industry towards monopoly output, each firm's profit would rise. We show that these very intuitive results may not hold in a dynamic oligopoly. | |
dcterms.isPartOf | urn:ISSN:0709-9231 | |
UdeM.VersionRioxx | Version publiée / Version of Record | |
oaire.citationTitle | Cahier de recherche | |
oaire.citationIssue | 9717 |
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