On the Profitability of Production Constraints in a Dynamic Natural Resource Oligopoly

Benchekroun, Hassan; Gaudet, Gérard

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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