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provide a new evidence about their entry decisions and a toughness of competition in the market. The size of a local market to … practitioners, and by almost 40 % for pediatricians. However, after the entry of the second firm, the intensity of competition does … document that demand effect continued to grow since 2010 and in 2017 outweighed the competition effect for pharmacies. …
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1. Monopoly -- 2. Simultaneous quantity competition -- 3. Simultaneous price competition -- 4. Sequential competition … -- 9. Incomplete information, signaling, and competition -- 10. Networks and switching costs. … detailed answer keys. While most textbooks on industrial organization focus on theory and empirical findings, this textbook …
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offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …
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induces a negative effect on the profits of both media outlets, and increases price competition. Furthermore, the newspaper …
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market (medium term investment), competition becomes fierce. Thus, the efficiency gains from forward trading found by Allaz … investment), competition becomes rather weak. When investment matters, from a welfare point of view the desirability of forward …
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