The Number of Firms and Competition
In this paper, we initially describe a partial equilibrium model loosely called Cournovian, after Cournot in which there is a positive relationship between the degree of competition and the number of firms in an industry.
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| Veröffentlicht in: | The American economic review 1972-09, Vol.62 (4), p.670-674 |
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| container_end_page | 674 |
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| container_issue | 4 |
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| container_title | The American economic review |
| container_volume | 62 |
| creator | Fama, Eugene F. Laffer, Arthur B. |
| description | In this paper, we initially describe a partial equilibrium model loosely called Cournovian, after Cournot in which there is a positive relationship between the degree of competition and the number of firms in an industry. |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0002-8282 |
| ispartof | The American economic review, 1972-09, Vol.62 (4), p.670-674 |
| issn | 0002-8282 1944-7981 |
| language | eng |
| recordid | cdi_proquest_journals_869909021 |
| source | Business Source Complete; Periodicals Index Online; Jstor Complete Legacy |
| subjects | Communications Demand curves Economic competition Economic models Elasticity of demand Industrial growth Industrial output Industrial production Marginal costs Market prices Perfect competition Studies Supply curves |
| title | The Number of Firms and Competition |
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