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) ignored the quantity? From the review, the main conclusion of this paper is that oligopoly competition is guided in the long …This paper reconciles the Cournot and Bertrand Models of oligopolistic competition, highlighting its weaknesses and … run by production capacity competition, as advocated by Cournot, equilibrated through price competition in the short run …
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competition and Cournot competition yield a unique Nash equilibrium, whereas price setting yields a continuum of Nash equilibria …
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sellers shape the market structure in platform industries. If product market competition is tough, sellers avoid competitors … markets, several homogeneous platforms segment the market. Instead, if product market competition is soft, agglomeration on a … competition. …
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In a framework of a unionised international Bertrand duopoly with differentiated products, this paper analyses national …
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