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constraints, the resulting industrial organization is called Bertrand competition …
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We propose a framework of utility competition (UC), and we provide the intuition why price competition (PC), quantity … competition (QC) and UC differ, and prove it by using a nonlinear demand system. If the network externality is positive, then PC …
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both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically …, may not fully cover market demand for an incumbent duopoly …
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We study the collusive efficacy of competition clauses (CC) such as the meeting competition clause (MCC) and the … beating competition clauses (BCC) in a general framework. In contrast to previous theoretical studies, we allow for repeated …
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