Free entry under an output-cap constraint

C-Tier
Journal: Economics Letters
Year: 2022
Volume: 210
Issue: C

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

This study considers a peer-to-peer market with capacity-constrained suppliers. We examine a free-entry market of individual suppliers and discuss the welfare consequences of Cournot competition. In contrast to the well-known “Excess entry theorem”, we show that the number of entries is socially optimal.

Technical Details

RePEc Handle
repec:eee:ecolet:v:210:y:2022:i:c:s016517652100447x
Journal Field
General
Author Count
2
Added to Database
2026-01-25