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We present a model of vertical product differentiation and exit where a domestic and a foreign firm face fixed setup costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality-dependent costs are quadratic in qualities, but independent of the...
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This paper analyzes the compatibility decision of a dominant hardware supplier. There are two substitutive variants of …
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In this paper we study a duopoly where the network e¤ect is nonmonotone and the network can be overloaded. The firms …
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