Detail Entry Deterrence in The Commons   Oleh:  Mason, Charles F. ; Polasky, Stephen Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 2 (1994), page 507-526. Topik: deterrence; entry deterrence; commons Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel We analyze a common property resource model with a single incumbent firm that faces future potential entry of a rival. The cost of harvest from the resource is a function of the stock size. By drawing down current stock sufficiently, which lowers future stock, the incumbent can make entry unprofitable. We analyze the conditions under which the incumbent firm would deter entry and when entry would be allowed. Further, we analyze the effect that potential entry has on the harvest rate both before and after the date of potential entry and whether or not potential entry is welfare improving. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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