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oligopoly with multiple private firms. We derive the optimal incentive contract for a public firm that weighs both profit and …
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The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly …
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We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
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This paper derives a three stage Cournot-oligopoly game for product innovation, expenditure on introducing the product …
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