๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Financial intermediation and entry-deterrence

โœ Scribed by Neelam Jain; Thomas D. Jeitschko; Leonard J. Mirman


Publisher
Springer
Year
2003
Tongue
English
Weight
165 KB
Volume
22
Category
Article
ISSN
0938-2259

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Uncertainty and entry deterrence
โœ Eric S. Maskin ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› Springer ๐ŸŒ English โš– 69 KB
Contestability, queues, and governmental
โœ Stephen Shmanske ๐Ÿ“‚ Article ๐Ÿ“… 1996 ๐Ÿ› Springer US ๐ŸŒ English โš– 904 KB

This paper demonstrates that a perverse kind of entry deterrence can result when government subsidized production is combined with non-price rationing in the form of queuing. Even though queuing leads to a total cost to the consumer (not including the tax cost) that is higher than the cost of an uns