Regulated Competition Under Increasing Returns to Scale
نویسندگان
چکیده
منابع مشابه
Dynamic Influence Maximization Under Increasing Returns to Scale
Influence maximization is a problem of maximizing the aggregate adoption of products, technologies, or even beliefs. Most past algorithms leveraged an assumption of submodularity that captures diminishing returns to scale. While submodularity is natural in many domains, early stages of innovation adoption are often better characterized by convexity, which is evident for renewable technologies, ...
متن کاملIncreasing Returns, Imperfect Competition and Factor Prices
We show how, in general equilibrium models featuring increasing returns, imperfect competition and endogenous markups, changes in the scale of economic activity affect income distribution across factors. Whenever Þnal goods are gross-substitutes (grosscomplements), a scale expansion raises (lowers) the relative reward of the scarce factor or the factor used intensively in the sector characteriz...
متن کاملCompetition and Increasing Returns to Scale: A Model of Bank Size
This paper examines the causal e¤ects of bank size on banks survival, asset quality, and leverage. Two forces drive these e¤ects: increasing returns to scale derived from banksexpertise; and competition. The rst enables bigger banks to survive competition better, have higher asset-quality, and be more leveraged. It drives banks into a race for expansion. This race toughens competition betwee...
متن کاملConsumption externality and indeterminacy under increasing returns to scale and endogenous capital depreciation
Article history: Accepted 17 January 2014 Available online 15 February 2014 JEL classification: C62 E21 E22
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1735404