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(somewhere between the endogenous oligopoly and monopoly prices). While oligopolies benefit consumers regardless of whether …
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(somewhere between the endogenous oligopoly and monopoly prices). While oligopolies benefit consumers regardless of whether … Preiswettbewerb mit monopolistischen Märkten und Märkten, auf denen Preise exogen festgelegt werden (in einer Range zwischen endogenen … Oligopol- und Monopolpreisen). Während Oligopole den Konsumenten zugutekommen, egal ob Preise festgesetzt werden oder sich …
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This paper derives a three stage Cournotoligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if the innovating firm invests in marketing, so that...
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