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Alliances between competitors where an established firm provides access to its marketing and distribution channels are an important real-world phenomenon. We analyze a market where an established firm, firm A, produces a product of well-known quality, and a firm with an unknown brand, firm B,...
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equilibria with monotone beliefs of the resulting signalling game and show that they lead to a reduced probability of selling the … good compared to the symmetric information situation. We compare the unique separating equilibrium of this signalling game …
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