Consumer Welfare Consequences of Exchanges of Cost Information
9 Pages Posted: 13 Mar 2001
Date Written: February 2001
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: Suggested Citation