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We characterize a monopolist's optimal offer of service plans when only informed customers know already at the contracting stage whether their demand is high or low, while uninformed customers may learn their demand only after incurring some costs, if at all. While informed customers purchase...
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Consider a differentiated product market in which all consumers are fully informed about match value and price at the time they make their purchasing decision. Initially, consumers become informed about the prices of all products in the market but do not know the match values. Some consumers...
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We address the effect of contextual consumer loss aversion on firm strategy in imperfect competition. Consumers are …
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value chain, substitutability between some applications, network effects in the provision of content and services, two … in European electronic communication markets, with a particular emphasis on the recent development of “over the tops”. We …
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