I remember reading about it in Frederich Sherer''s (old-fashioned) Industrial
Organization textbook.
Jim
-----Original Message-----
From: Michael Pollak [mailto:[EMAIL PROTECTED]
Sent: Sat 8/2/2003 6:48 PM
To: [EMAIL PROTECTED]
Cc:
Subject: Re: [PEN-L] Microeconomics of cornering
On Sat, 2 Aug 2003, Devine, James wrote:
> this seems related to the model often used in industrial organization of
> the dominant firm facing a competitive fringe. The firm takes the supply
> curve (quantity supplied at each price) of the competitive fringe for
> granted and then acts as if it were a monopoly.
Can anyone recommend a clear and concise exposition of this model I could
read? Or an introduction to the literature on it? Any suggestions
appreciated.
Michael
