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risk-dominance to select the leading government. Lastly, in the mixed case, the government for whom public goods are …
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This paper considers price competition in a duopoly with quality uncertainty. The established firm (the `incumbent …
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This paper reports 45 laboratory duopoly markets that examine the importance of information sharing in facilitating … information when possible to reduce their demand uncertainty, which led to output reductions in some demand states. Risk aversion …
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This paper reports 45 laboratory duopoly markets that examine the importance of information sharing in facilitating … information when possible to reduce their demand uncertainty, which led to output reductions in some demand states. Risk aversion …
Persistent link: https://www.econbiz.de/10014213961
is significant. Even with this risk of losing flexibility under significant demand variation, for some parameter values …
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