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This paper develops an original model of product differentiation, to contribute to the debate about theregulation and finance of public television. It goes beyond the conventional analysis in this topic, byshowing the spill-over effects that a public broadcaster can have upon commercial...
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In some markets vertically integrated firms sell directly to final customers hut also to independent downstream firms with whom they then compete on the downstream market. It is often argued that resellers intensify competition and benefit consumers, in particular when wholesale prices are...
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In this chapter, we illustrate some classic spatial models. We provide a collection of the principal classic spatial models, by illustrating their characteristics and their main results. In particular, we discuss the Hotelling linear market and the Salop circular market, both under uniform...
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