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information. It is shown that firms in competitive markets reveal less information than a monopoly firm does. In addition … exist a U-shaped relationship between equilibrium monopoly profits (or social welfare under both monopoly and duopoly) and …
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This study examines the situation in which a monopolist offers freeware as an advertisement for the increase of demand to maximize profit even though the existence of such freeware will reduce the power of the monopolist in the market. This study proves that the successful application of...
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