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A monopolistic information provider sells an informative experiment to a large number of perfectly competitive firms. Within each firm, a principal contracts with an exclusive agent who is privately informed about his production cost. Principals decide whether to acquire the experiment, that is...
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This paper considers a model with two competing supply chains where production costs are private information within a supply chain, but manufacturers can decide to share this information with the rival manufacturer. In contrast to existing literature, we study bottom-up negotiations, where...
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In this paper we investigate a two-period Bertrand-Edgeworth oligopoly model in which two capacity-constrained firms (incumbents) compete facing future demand uncertainty as well as uncertainty about entry. These firms must choose between pricing low and secure sales in the first period or,...
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