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Implicit in the text-book monopoly is an assumption of complete and instantaneous information or knowledge available to … make an optimal decision of price and output to maximize its profit and realize it. As a result, the text-book monopoly … develop a dynamic monopoly model. In particular, we assume first that the monopolist has only partial information about the …
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Prior studies have shown that while ISPs are well positioned to provide residential and SME users critical protection from cybercrime, their incentives to do so are often insufficient. The presence of competition in providing broadband service is a factor we might expect to impact such...
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in most cases, they organized as natural monopoly markets. This article examines the three variants for the formation of … prices for household consumers on monopoly district heating market: market equilibrium of supply and demand for heat energy … classical model of monopoly market. The model was applied to conduct the studies on a heat supply system with three heat sources. …
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This paper uses a simple model based on the board game Monopoly to analyze the drivers of house prices and wealth …
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