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marginal costs and production technologies. The paper models the incentive to collude in a differentiated products Bertrand-oligopoly …
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In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
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This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
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