Oligopoly Theory, Entry-prevention, and Growth
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."
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- Oxford Economic Papers
- 297 - 310
- Academic Units