%0 Journal Article
%T Product liability, entry incentives and market structure
%J International review of law and economics
%D 2000
%A Hamilton, Stephen F.
%A Sunding, David L.
%V 20
%N 2
%P 269-283
%X The article characterizes the entry incentives provided by increases in product liability under various forms of competition. It is demonstrated that the entry of small, high-cost firms is likely to occur in imperfectly competitive markets when the average damage increases with industry output. Special cases are considered, including Cournot-Nash oligopoly and dominant firm-competitive fringe.<p />
%G 
%I Elsevier Publishing
%@ 0144-8188
%U http://dx.doi.org/10.1016/S0144-8188(00)00029-6