Free Entry and Social Inefficiency in Radio Broadcasting
收藏NBER1996-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5528
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资源简介：
In theory, free entry can lead to social inefficiency. When new products are substitutes for existing products, the business stolen from incumbents places a wedge between private and social benefits of entry. The business stealing effect can be offset if entry reduces prices or increases available
提供机构：
美国国家经济研究局
创建时间：
1996-04-01
