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.e., firms competing on multiple structurally unrelated markets, can effectively limit competition. Our more general analysis … effects of forbearance and repeated interaction. Surprisingly, conglomerate firms do not limit competition, they rather foster … more cooperation in a partners than in a strangers matching. -- Experiment ; Forbearance ; Competition …
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competition and analyze the conditions for species survival. The second aspect refers to success in intraspecies competition of … (geno-) types as in evolutionary biology and game theory. Survival in inter- and intraspecies competition together with …
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In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other's behavior. We augment the sellers' decision task by eliciting their profit aspiration. In a first experimental phase, whenever satisficing is not possible, sales choices, point...
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