研討日期

2014628上午10:20 ~ 13:00

研討地點

台大社會科學院26教室

題目

Entry, Profit and Welfare under Asymmetric R&D Costs

作者

Mukherjee, A. and A. Ray

文獻出處

The Manchester School, (2014) pp.284-295

報告人

蔡明芳

參加人員

梁文榮、林燕淑、陳宏易、曹古駒、林晏如、王佳琪、蔡明芳、呂得成、暳陵、丁虹仁、王羿傑、吳尚弈、呂雅媛、施姵全

論文提要

This paper shows the effects of entry of a new firm on the profits and welfare when the firms share the same initial cost of production but differ in terms of the costs of undertaking R&D. Considering a Cournot oligopoly model with innovation and linear demand and production costs, we show that entry reduces the profits of the incumbent firms and it can be welfare reducing.

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