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This article provides an introduction to multimarket competition and the research stream that examines it. Multimarket competition occurs when firms meet their competitors in multiple markets and compete with them by coordinating their strategies across those markets. In this article, we present...
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, oligopoly can magnify the effects of distance. The paper suggests that trade theory, in its mission to explain the pattern of … trade flows, should continue to advance in its modeling of strategic behavior in oligopoly. The paper also provides a rich …
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(explicitly or tacitly) collusive division of geographic markets. A simple spatial oligopoly setting demonstrates how goods can …
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We study competition in markets with significant transport costs and capacity constraints. We compare the cases of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers that are closer to plants of competitors. By...
Persistent link: https://www.econbiz.de/10011778632
This article studies competition in markets with transport costs and capacity constraints. We compare the outcomes of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers who are closer to the competitor's plant....
Persistent link: https://www.econbiz.de/10011906924
The spatial dimension of most agricultural raw product markets (e.g., milk) and the high concentration of food processors facilitate the exercise of market power towards farmers. In the milk sector, processors that are investor-owned firms (IOFs) compete alongside processing cooperatives (COOPs)...
Persistent link: https://www.econbiz.de/10009711571