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Data-driven AI pricing algorithms in on-line markets collect consumer information and use it in their pricing technologies. In the simplest symmetric Hotelling's model such technologies reduce prices and profits. We extend Hotelling's model with vertically differentiated products, cost...
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We study the relationship between market size and a number of firms in several healthcare professions in Slovakia to provide a new evidence about their entry decisions and a toughness of competition in the market. The size of a local market to support the entry of the first general practitioner...
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