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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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Consider a setting where threatened rather than actual import competition restrains a domestic oligopoly's prices. I …
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In many (online) markets, consumers can readily observe prices, but need to examine individual products at positive cost in order to assess how well they match their needs. We propose a tractable model of price-directed sequential search in a market where firms compete in prices. Each product...
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