- 著者
-
ANTONIO D'AGATA
- 出版者
- JAPANESE ECONOMIC ASSOCIATION
- 雑誌
- The Economic Studies Quarterly (ISSN:0557109X)
- 巻号頁・発行日
- vol.41, no.3, pp.247-258, 1990-09-20 (Released:2007-10-19)
- 参考文献数
- 17
In dealing with the existence of gains from trade due to overhead costs, Negishi (1969) and (1972) extended Bain-Sylos Labini theory of oligopolistic markets to a general equilibrium framework. In our opinion, Negishi's analysis exhibits several drawbacks which should be clearly spelled out and removed if one wants to have a satisfactory study of barriers to entry in a general equilibrium framework.The aim of this paper is to make clear what, in our view, the weak points in Negishi's analysis are, and to formulate a more satisfactory general equilibrium model in which, following Bain and Sylos Labini's analysis, overhead costs yield barriers to entry.