Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery
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https://www.nber.org/papers/w15214
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资源简介:
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free entry is reduced. Further, free entry may increase use of high-quality inputs, as oligopolistic firms
提供机构:
美国国家经济研究局
创建时间:
2009-08-01



