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The public competition between states for major events such as the Indy Car, Formula One and Motor Cycle Grand Prix is analysed from a simple game theoretic perspective. It is demonstrated that such competition is, in general, harmful to the states themselves. Competition leads to greater...
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This article examines the notion of competitive neutrality when setting access prices for vertically integrated bottleneck networks. In contrast to the claims of regulated firms (for example, Telstra), it is not possible to argue that access charges that involve unit prices in excess of...
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