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As a part of their industry or competition policies governments decide whether to allow for free market entry of firms …
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As a part of their industry or competition policies governments decide whether to allow for free market entry of firms …
Persistent link: https://www.econbiz.de/10011508060
We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of...
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As a part of their industry or competition policies governments decide whether to allow for free market entry of firms …
Persistent link: https://www.econbiz.de/10013319864
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allocations. We show that the inability of government officials to commit to future demands does not distort entry decisions any … initial demand in order to induce the appropriate amount of entry. If, however, the choice of technology is left to the …
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