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The firms in this model set non-binding list prices before competing for buyers by non-cooperatively granting discounts. Each firm has an incentive to set a high list price if, for example, the customers anchor their willingness-to-pay on the list price. However, list price competition occurs if...
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With the rise in entrepreneurial activities, the study of a firm's fund generation strategy is widely discussed and researched. The requirement of funds for different ventures are different and depends on the life stage of the venture, which it is in. Firm generally face difficulty in raising...
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extract the rank order for each structure. The result of this procedure is a rank order distribution for each country. In this … paper, I present the rank order distribution for some countries. For example: According to the human development index …
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modify the methodology in order to study changes in productivity distribution within an industry over time. We start with the … Melitz model of an industry with heterogeneous firms. Unlike in the original model, we allow for productivity distribution to … change over time as a result of deregulation. By looking at changes in productivity distribution of manufacturing and …
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