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privatization of infrastructure in many developing countries has spawned new critiques of privatization. How do theory and empirical … evidence answer the much-debated questions, which is more important to performance, competition or private ownership? Are state …
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We study monopolistic and competitive pricing in a two-sided market where agents have incomplete information about the quality of the product provided by each platform. The analysis is carried out within a global-game framework that offers the convenience of equilibrium uniqueness while...
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