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| - Allowing for endogenous entry in the traditional Stackelberg setup with product differentiation, leads to reverting of the standard comparative static and limiting results. Unlike in the standard Stackelberg setup with barriers to entry, the leader's profit increases when the differentiation becomes lower. The reason is that competition becomes tougher when products become more alike, and consequently, fewer firms enter in equilibrium. On the other hand, increasing product differentiation towards its limit results in number of entrants tending to infinity and for very large market, the profit of the leader approaches zero. Thus market structure approaches monopolistic competition, rather than the standard monopoly outcome that occurs with exogenous number of followers.
- Allowing for endogenous entry in the traditional Stackelberg setup with product differentiation, leads to reverting of the standard comparative static and limiting results. Unlike in the standard Stackelberg setup with barriers to entry, the leader's profit increases when the differentiation becomes lower. The reason is that competition becomes tougher when products become more alike, and consequently, fewer firms enter in equilibrium. On the other hand, increasing product differentiation towards its limit results in number of entrants tending to infinity and for very large market, the profit of the leader approaches zero. Thus market structure approaches monopolistic competition, rather than the standard monopoly outcome that occurs with exogenous number of followers. (en)
- Dovolíme-li v tradičním Stackelbergerově uspořádání s produktovou diferenciací endogenní vstup, získáme opačné výsledky než v tradičním uspořádání. Na rozdíl od tradičního Stackelbergerovského uspořádání se zisk vůdce na trhu zvětšuje s klesající diferenciací. Důvodem je tvrdší konkurence vzešlá z pravděpodobnějšího výskytu produktů, což znamená méně firem vstupujících na trh. Na druhou stranu stoupající diferenciace produktů směrem k jejich možnostem vyúsťuje v nekonečný počet vstupujících subjektů na trh. Pro velké trhy pak zisk vůdce postupně vymizí. Tedy struktura trhu se spíše blíží k monopolistické konkurenci než k standartnímu monopolistickému výstupu s exogenním počtem následovníků. (cs)
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| Title
| - Stackelberg leadership with product differentiation and endogenous entry: some comparative static and limiting results
- Stackelberg leadership with product differentiation and endogenous entry: some comparative static and limiting results (en)
- Stackelbergerovské vůdcovství s produktovou diferenciací a endogenním vstupem: porovnávací analýza a limitní případy (cs)
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| skos:prefLabel
| - Stackelberg leadership with product differentiation and endogenous entry: some comparative static and limiting results
- Stackelberg leadership with product differentiation and endogenous entry: some comparative static and limiting results (en)
- Stackelbergerovské vůdcovství s produktovou diferenciací a endogenním vstupem: porovnávací analýza a limitní případy (cs)
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| skos:notation
| - RIV/00216208:11640/08:00314841!RIV09-MSM-11640___
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| http://linked.open...avai/riv/aktivita
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| http://linked.open...avai/riv/aktivity
| - P(LC542), Z(MSM0021620846)
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| http://linked.open...iv/cisloPeriodika
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| http://linked.open...vai/riv/dodaniDat
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| http://linked.open...aciTvurceVysledku
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| http://linked.open.../riv/druhVysledku
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| http://linked.open...iv/duvernostUdaju
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| http://linked.open...titaPredkladatele
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| http://linked.open...dnocenehoVysledku
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| http://linked.open...ai/riv/idVysledku
| - RIV/00216208:11640/08:00314841
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| http://linked.open...riv/jazykVysledku
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| http://linked.open.../riv/klicovaSlova
| - Stackelberg leadership; product differentiation; endogenous entry (en)
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| http://linked.open.../riv/klicoveSlovo
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| http://linked.open...odStatuVydavatele
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| http://linked.open...ontrolniKodProRIV
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| http://linked.open...i/riv/nazevZdroje
| - CERGE-EI Working Paper Series
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| http://linked.open...in/vavai/riv/obor
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| http://linked.open...ichTvurcuVysledku
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| http://linked.open...cetTvurcuVysledku
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| http://linked.open...vavai/riv/projekt
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| http://linked.open...UplatneniVysledku
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| http://linked.open...v/svazekPeriodika
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| http://linked.open...iv/tvurceVysledku
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| http://linked.open...n/vavai/riv/zamer
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| issn
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| http://localhost/t...ganizacniJednotka
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