Cellini, R.; Lambertini, L.; Ottaviano, G. I. P. - Dipartimento di Scienze Economiche, Alma Mater … - 2015
We model an industry in which a discrete number of firms choose the output of their differentiated products deciding whether or not to consider the impact of their decisions on aggregate output. We show that two threshold numbers of firms exist such that: below the lower one there is a unique...