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Scholars have compared the pricing behaviour where a monopolist in the short run produces heterogeneous products 1 and 2, and a duopolist i produces goods i (i = 1, 2), where there are exogenous shocks to marginal cost and/or industry demand. This pricing behaviour is short run in that no entry...
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Within a simple model of homogeneous oligopoly, we show that the traditional ranking between Bertrand and Cournot …
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