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family that satisfies the dummifying player property. Second, we propose three appropriate monotonicity axioms by considering …
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A competition authority has an objective, which specifies what output profile firms need to produce as a function of production costs. These costs change over time and are only known by the firms. The objective is implementable if inequilibrium, the firms cannot collude on their reports to the...
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and the IV estimand is no longer interpretable as a causal effect under a weaker version of monotonicity, i.e. when there …
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