2000 | OriginalPaper | Buchkapitel
Competition and Increasing Returns
verfasst von : Prof. Dr. Antonio Villar
Erschienen in: Equilibrium and Efficiency in Production Economies
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
This chapter provides an application of the loss-free pricing rules presented in chapter 8, to the analysis of competitive markets when there are increasing returns to scale. In order to do so, it will be assumed that non-convex firms exhibit a particular type of increasing returns to scale for which constrained profit maximization and average cost-pricing are compatible (distributive production sets).