Academic Commons


Oligopoly Theory, Entry-prevention, and Growth

Bhagwati, Jagdish N.

The focus of the theory of oligopoly has been shifted towards entry-prevention models since the recent work of Sylos Labini and Bain, especially after its brilliant formalization by Franco Modigliani. This paper examines the entry-prevention approach critically, while relating it to the traditional approaches to the analysis of oligopoly behaviour. The analysis is also extended to incorporate the phenomenon of "growth of firms."



Also Published In

Oxford Economic Papers

More About This Work

Academic Units
Published Here
February 6, 2013
Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.