Arbeitspapier

Size Distribution and Anti-trust

Extensive literature notwithstanding, effects of the size distribution of firms on consumers' surplus and on social welfare leaves room for further exploration. In this paper we discover that size distribution imposes two counter-balancing effects on aggregate surplus of the industry : [i] even distribution of firm sizes typically facilitates tacit collusion compared to slightly uneven distribution, whilst [ii] very uneven distribution resembles monopoly. The trade-off between these two counterforces can make the overall welfare effect of firms' size distribution (given a fixed number of firms) non-monotone in the degree of concentration.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 390

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Lambertini, Luca
Sasaki, Dan
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
2000

DOI
doi:10.6092/unibo/amsacta/4911
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Lambertini, Luca
  • Sasaki, Dan
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 2000

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