ترجمه مقاله نقش ضروری ارتباطات 6G با چشم انداز صنعت 4.0
- مبلغ: ۸۶,۰۰۰ تومان
ترجمه مقاله پایداری توسعه شهری، تعدیل ساختار صنعتی و کارایی کاربری زمین
- مبلغ: ۹۱,۰۰۰ تومان
Abstract
It is usually believed that product-market cooperation among the competing firms is detrimental for the consumers. We show that this view may not be true in an endogenously determined market structure. Product-market cooperation may benefit the consumers by inducing entry of new firms. Our result is important for competition policies.
3. Conclusion
Cooperation among the final goods producers is generally believed to make the consumers worse off. We show that this view may not be true if the number of firms is determined endogenously. Product-market cooperation tends to reduce the total output for a given number of firms, while it tends to increase the total output by attracting more firms in the market. If the increased product-market cooperation is not very high, relatively higher product-market cooperation increases the total output and makes the consumers better off. Our result is important for competition policies and shows that the consideration of firms as a continuous variable, as assumed in Brander and Spencer (1985), is not innocent.