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We present a two-firm model of predation under complete information, based on different discount factors, and integrate … it with a model of collusion. Competition, collusion and predation are seen as alternative strategies. The basic …
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The objective of this contribution is to evaluate the weekly price dynamics of the biscuit sector in the framework of an economy with moderate inflation, such as Argentina. Using weekly frequency data, five versions of the function that relate cookie price weekly variations with their possible...
Persistent link: https://www.econbiz.de/10014494517
The handcraft market represents the social division of work because it is referred to the exchange between separated producers; unlike pure exchange and capitalist economies, the handcraft economy integrates production but gets rid off the technical division of work. This paper displays both...
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the goal of this paper is to provide a short analysis on the most recent literature about the pricing problem. We … emphasizes the interest about pricing in the current advances of the economic theory …
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