%0 Report %A Pereira, Pedro %T Free entry with cost reducing investment: a note %J Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE) %D 1998 %U https://hdl.handle.net/20.500.14352/64214 %X This paper extends Mankiw & Whinston' s (86) characterization of excessive entry to the case where firms, in addition to producing, can also make a deterministic cost reduction investment, either before, or at the same time as production. %~