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  • 标题:Do Firms Always Choose Excess Capacity?
  • 本地全文:下载
  • 作者:Hikaru Ogawa ; Akira Nishimori
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2004
  • 卷号:12
  • 出版社:Economics Bulletin
  • 摘要:We analyze the capacity choice of firms in a long-run mixed oligopoly market, in which firms decide not only production quantity but also capacity scale. Our main purpose is to show that while a profit-maximizing firm maintains over capacity as a strategic device, a firm pursuing non-pure profit chooses under capacity.
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