Consumer Welfare Consequences of Exchanges of Cost Information

9 Pages Posted: 13 Mar 2001

See all articles by Oliver M. Richard

Oliver M. Richard

U.S. Department of Justice - Economic Analysis Group - Antitrust Division

Olivier Armantier

Federal Reserve Bank of New York

Date Written: February 2001

Abstract

We show that exchanges of cost information in models with entry may benefit consumers in a wide range of market structures, including multimarket models with independently distributed costs and duopolies. These results contrast with previous findings in models without entry.

JEL Classification: L11, D82, C15

Suggested Citation

Richard, Oliver M. and Armantier, Olivier, Consumer Welfare Consequences of Exchanges of Cost Information (February 2001). Simon School of Business Working Paper No. FR 01-03. Available at SSRN: https://ssrn.com/abstract=262026 or http://dx.doi.org/10.2139/ssrn.262026

Oliver M. Richard (Contact Author)

U.S. Department of Justice - Economic Analysis Group - Antitrust Division ( email )

450 Fifth Street, NW
Ninth Floor
Washington, DC 20530
United States

Olivier Armantier

Federal Reserve Bank of New York ( email )

33 Liberty Street
New York, NY 10045
United States

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