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In this article, we consider how important developments in game theory have contributed to the theory of industrial organization. Our goal is not to survey the theory of industrial organization; rather, we consider the contribution of game theory through a careful discussion of a small number of...
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, because they intensify price competition too much. Multi-product monopoly can lead to better design incentives than the non …
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We analyze entry, pricing, and product design in a model with differentiated products. Market equilibrium can be "separating," with multiple sellers and a sorting of heterogeneous consumers across goods, or "exclusionary," with one seller serving all customer types. Entry into an initially...
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, because they intensify price competition too much. Multi-product monopoly can lead to better design incentives than the non …
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Platforms often use fee discrimination within their marketplace (e.g., Amazon, eBay, and Uber specify a variety of merchant fees). To better understand the impact of marketplace fee discrimination, we develop a model that allows us to determine equilibrium fee and category decisions that depend...
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We consider a software vendor first selling a monopoly platform and then an application running on this platform. He …
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