Competition enhancing measures and scope economies: A welfare appraisa
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| Format: | Artículo científico |
| Langue: | en |
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Fundación SEPI
2003
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| _version_ | 1876486194370445312 |
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| author | Pedro Cantos Sánchez |
| author_facet | Pedro Cantos Sánchez |
| contents | Competition enhancing measures and scope economies: A welfare appraisa Pedro Cantos Sánchez Rafael Moner Colonques José J. Sempere-Monerris Economía y Finanzas welfare substitutability Cost complementarity fixed cost subadditivity This paper examines welfare changes before the introduction of more competitionin technologically related markets. We develop a simple two-marketduopoly with product di��erentiation where a multi-product firm competes witha di��erent single-product firm in each market. Two competition enhancingmeasures are considered, divestiture of the multi-product firm and entry ofsingle-product firms in one of the markets. The results obtained indicate thatmore competition may lead to a welfare reduction. Our analysis points outthe relevance of the type and size of economies of scope, the particular wayof introducing more competition and the degree of product di��erentiation. 2003 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17327104 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.1 Vol.XXVII |
| format | Artículo científico |
| id | redalyc_17327104 |
| institution | Redalyc |
| language | en |
| publishDate | 2003 |
| publisher | Fundación SEPI |
| spellingShingle | Competition enhancing measures and scope economies: A welfare appraisa Pedro Cantos Sánchez Economía y Finanzas welfare substitutability Cost complementarity fixed cost subadditivity Competition enhancing measures and scope economies: A welfare appraisa Pedro Cantos Sánchez Rafael Moner Colonques José J. Sempere-Monerris Economía y Finanzas welfare substitutability Cost complementarity fixed cost subadditivity This paper examines welfare changes before the introduction of more competitionin technologically related markets. We develop a simple two-marketduopoly with product di��erentiation where a multi-product firm competes witha di��erent single-product firm in each market. Two competition enhancingmeasures are considered, divestiture of the multi-product firm and entry ofsingle-product firms in one of the markets. The results obtained indicate thatmore competition may lead to a welfare reduction. Our analysis points outthe relevance of the type and size of economies of scope, the particular wayof introducing more competition and the degree of product di��erentiation. 2003 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17327104 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.1 Vol.XXVII |
| title | Competition enhancing measures and scope economies: A welfare appraisa |
| topic | Economía y Finanzas welfare substitutability Cost complementarity fixed cost subadditivity |
| url | https://www.redalyc.org/articulo.oa?id=17327104 |