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This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
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contrast, price prediction takes market changes into account and the market simulation presents the most sophisticated and …
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change in retail concentration. In contrast, we estimate price declines in regions that did not experience a rise in … by competition authorities were not sufficient to o set anti-competitive effects. …
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