Economies of Scope, Entry Deterrence and Welfare
This paper develops a model where the incumbent may expand to a related market to signal economies of scope and deter entry in the former market. We show that the incumbent only expands when scope economies are large enough. Thus expansion is a signal of larger economies of scope and, for certain pa...
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Format: | article |
Language: | eng |
Published: |
2014
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Online Access: | http://hdl.handle.net/10174/10136 |
Country: | Portugal |
Oai: | oai:dspace.uevora.pt:10174/10136 |