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between monopoly and the cartelized research joint venture, using two well-known models based on different versions of the R …&D spillover process. According to the model with a wider scope of application, monopoly always leads to a higher propensity for R …
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We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...
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