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This paper characterizes price competition between an expert and a non-expert. In contrast with the expert, the non-expert’s repair technology is not always successful. Consumers visit the expert after experiencing an unsuccessful match at the non-expert. This re-entry affects the behaviour of...
Persistent link: https://www.econbiz.de/10005662068
.S. economy can be attributed to new business start-ups. …
Persistent link: https://www.econbiz.de/10009321840