期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2009
卷号：1
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：We show in a simple model of entry with sunk cost, that a regulator prefers limiting the output, or
capacity, of the incumbent firm rather than imposing a “Minimum Quality Standard” in order to
help the entrant to provide high quality. As a by-product, our analysis makes a contribution to the
study of Bertrand-Edgeworth competition in a market with differentiated products.
