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the traditional dominant firm - competitive fringe model allowing for the incumbent a more competitive conduct than that … effects. While the incumbent's conduct cannot be directly estimated using this framework, the concrete estimates show that its … only compatible with a profit maximising incumbent in the case of largely competitive conduct (conduct parameter below 0 …
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the traditional dominant firm - competitive fringe model allowing for the incumbent a more competitive conduct than that … effects. While the incumbent’s conduct cannot be directly estimated using this framework, the concrete estimates show that its … only compatible with a profit maximising incumbent in the case of largely competitive conduct (conduct parameter below 0 …
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