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We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We...
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In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
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ignorance if telephone numbers no longer identify networks. As a result, while fostering competition for mobile customers, MNP … competition …
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This article analyzes competition between two asymmetric networks, an incumbent and a new entrant. Networks compete in …
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The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We … carry out experiments for two-stage games, where R&D investment choices are followed by product market competition. As … predicted by theory, an increase in the number of firms from two to four reduces investments. However, a positive effect is …
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