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This paper analyzes a duopoly model with stochastic demand in which firms first choose their strategy variable and compete afterwards. Contrary to the existing literature, we show that firms do not always choose a quantity which is the variable that induces a smaller degree of competition. The...
Persistent link: https://www.econbiz.de/10003470531
marketplaces, which can be detrimental to customers and social welfare. We study a broad class of assortment decisions routinely …
Persistent link: https://www.econbiz.de/10013211212
Retail assortment planning can have a tremendous impact on a retailer's bottom line performance. Over the past years …, retailers have increasingly relied on their leading manufacturers for recommendations regarding the assortment to be offered to … the consequences of using category captains for assortment selection decisions. We develop a game theoretic model where …
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The Trust Game describes a situation where mutually beneficial trade is endangered by opportunistic exploitation. In … competing outcomes should be expected, i.e. whether or not banks can indeed promote trade. …
Persistent link: https://www.econbiz.de/10009578562
favour of free trade combined with transitional compensation for those hit by the changes. This would raise economic welfare … 1979. As the UK is a small country with little if any monopoly power in world markets, bilateral trade agreements have …
Persistent link: https://www.econbiz.de/10011471570
Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To … explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the … reason of growing trade in intermediate goods in the cross-section and the time-series framework. The evidence for …
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