. We also find that costs are super-sticky as they increase even when revenues decrease. Municipals in New Zealand are … asymmetric relation between costs and revenues is incorporated into managerial forecasts suggests that cost stickiness is …

cost asymmetry implies increased requirements to finance a high level of adjustment costs due to high investments in prior …

There are two standard versions for one-shot oligopoly games: the Cournot game and the Bertrand game. The common … of one-shot oligopoly games is zero …