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We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
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monopoly, analysing questions of introductory pricing and quantity rationing. The model suggests that neither of these two … instruments is able to explain why we see so much free software in the markets. -- software monopoly ; lagged network externality …
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