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lattice structure; and (iii) how this structure is translated into the set of agents' utilities that are attainable at …
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price vectors has a natural lattice structure and we study how this structure is translated into the set of agents …
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The model we discuss in this note is a re-examination of the classical Bertrand model of imperfect competition. the main difference is that consumers are allowed to have some strategic behavior when deciding from which one of the two sellers to buy. We will approach the resolution of the...
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