CERGE-EI Working Paper Series
- ISSN 1211-3298
-, č. 375 (2008), s. 1-29
Number of pages
29 s.
Publication form
www - www
Language
eng - English
Country
CZ - Czech Republic
Keywords
competition policy ; market leaders ; innovation
Subject RIV
AH - Economics
R&D Projects
LC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS)
CEZ
AV0Z70850503 - NHU-N (2005-2011)
Annotation
We study potential loss in social welfare and changes in incentives to invest in R&D that result when the market leading firm is deprived of its position. We show that under plausible assumptions like free entry or repeated market interactions there is a social value of market leadership.
Workplace
Economics Institute
Contact
Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
Year of Publishing
2009
Number of the records: 1
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