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Although neoclassical economic theory predicts that fixed cost magnitude and fixed cost reporting format will not …
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Although neoclassical economic theory predicts that fixed cost magnitude and fixed cost reporting format will not …
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We present results from 50-rounds experimental markets in which firms decide repeatedly both on price and quantity of a perishable good. The experiment is designed to study the price-quantity setting behavior of subjects acting as firms in monopolistic competition. In the implemented treatments...
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