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literature suggest a negative effect of (price) competition on investments in mobile networks. To the best of our knowledge this … auctions may alter competition in the mobile market. …
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This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
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