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Firms in traditional markets often compete in output à la Cournot. In this paper, we consider Cournot competition … levels of platform competition and for greater levels of single-homing. Allowing for any homing allocation, we also find that … both the level of platform competition and agent homing decisions determine side specific conduct parameters and, similar …
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propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced … explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …
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sports unions actually contribute to on-field competition which can be seen when compared to the structure of the European … actually detrimental to competition …
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of the well-known trade-off between competition and production efficiency. Most conventional beliefs actually require … social welfare, destructive competition and natural monopoly. Our analytical approach combines simplicity with generality …
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Free-entry Cournot equilibria in pure strategies often fail to exist even within a framework of linear demand and constant marginal costs, if firms can choose from a discrete set of technologies. I show that the non-existence problem vanishes if vertical market size is large. An example...
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