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This paper addresses the location problem for an entering firm that will play a Bertrand game with other pre-existing firms in order to maximize its profit. Demand for a homogeneous product is price-sensitive and firms use delivered pricing. Under some specific conditions, it is shown that the...
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This paper demonstrates the sensitivity of the linear programming approach in the estimation of productivity measures … series data from 1960-2004 reveal productivity change decreases with increases in the number of constraints. Divergence in … productivity measures is observed due to the choice of method imposed, various levels of commodity/input aggregation, and …
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