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We develop a model in which two regional governments compete for a mobile oligopolistic firm by publicly providing local inputs. The central mechanism of our model is the interaction of an agglomeration advantage (partial non-rivalness of the local input) and an agglomeration disadvantage (fixed...
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oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
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hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …
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I study sequential contests where the efforts of earlier players may be disclosed to later players by nature or by design. The model has many applications, including rent seeking, R&D, oligopoly, public goods provision, and tragedy of the commons. I show that information about other players'...
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