Cost-Minimizing Number of Firms and Determination of Industry Structure

S-Tier
Journal: Quarterly Journal of Economics
Year: 1978
Volume: 92
Issue: 3
Pages: 439-467

Authors (2)

William J. Baumol Dietrich Fischer (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I. Introduction, 439.—II. Least-cost number of firms in a multiproduct industry, 441.—III. Shape of the M locus: economic interpretation, 446.—IV. Regions in which some specified number of firms may be optimal, 450.—V. Scale of demand and cost-minimizing market form, 454.—VI. The single-product case, 455.—VII. Conclusion, 460.—Appendix A: Proof of Theorem Ib, 462.—Appendix B: Proof of Theorem 3, 464.

Technical Details

RePEc Handle
repec:oup:qjecon:v:92:y:1978:i:3:p:439-467.
Journal Field
General
Author Count
2
Added to Database
2026-01-24