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competition, and where the incumbent is located at the center of the market, facing high costs of relocation. The model is …
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Engpaßeinrichtungen und die damit verbundene Öffnung von angrenzenden Märkten für Wettbewerb leisten, die bislang vornehmlich juristisch …
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We analyze below-cost pricing in retail markets and examine its impact on social welfare as well as on suppliers' incentives to invest in quality. Considering negotiations about a linear wholesale price between the retailer and her suppliers, we find that below-cost pricing aggravates the double...
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In a model of spatial competition, we analyze the equilibrium outcomes in markets where the product price is exogenous …
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