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Original Articles

Fixed cost efficiency with infinitesimal competitors

Pages 667-671 | Published online: 20 Oct 2008

References

  • Frank , C. R Jr . 1965 . Entry in a Cournot market . Review of Economic Studies , 32 : 245 – 50 .
  • Hortacsu , A. and Syverson , C. 2004 . Product differentiation, search costs, and competition in the mutual fund industry: a case study of S&P 500 mutual funds . Quarterly Journal of Economics , 119 : 403 – 56 .
  • Hsieh , C. and Moretti , E. 2003 . Can free entry be inefficient? Fixed commissions and social waste in the real estate industry . Journal of Political Economy , 111 : 1076 – 121 .
  • Mankiw , G. and Whinston , M. D. 1986 . Free entry and social inefficiency . RAND Journal of Economics , 17 : 48 – 58 .
  • Wilson, L. (2008) Sunk cost efficiency with discrete competitors, Working Paper, University of Louisiana at Lafayette. http://www.linuswilson.com/SunkEff.pdf (Accessed: 22 July 2008 ).

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