This comment points out the existence of flaws in the proof of the main proposition proposed by Faullì-Oller and Sandonis (2002) (Faullì-Oller, R. and J. Sandonis, Welfare reducing licensing, Games and Economic Behavior, 41 (2002): 192-205), and corrects them.
Colombo, S., A comment on welfare reducing licensing, <<GAMES AND ECONOMIC BEHAVIOR>>, 2012; (76): 515-518. [doi:10.1016/j.geb.2012.07.005] [https://hdl.handle.net/10807/40081]
A comment on welfare reducing licensing
Colombo, Stefano
2012
Abstract
This comment points out the existence of flaws in the proof of the main proposition proposed by Faullì-Oller and Sandonis (2002) (Faullì-Oller, R. and J. Sandonis, Welfare reducing licensing, Games and Economic Behavior, 41 (2002): 192-205), and corrects them.
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