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applied an unbiased dynamic panel fractional estimator on unbalanced panel data of 10,941 firm-year observations during the … limited liability model to adjust their target capital structure and support trade-off theory, while both small and large …
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Improving retailers' incentives for service is a prominent efficiency defense for resale price maintenance (RPM). We investigate the incentives of symmetric manufacturers to use RPM when selling products through common retailers who provide services such as pre-sale advice. We show that the...
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