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Within a simple model of homogeneous oligopoly, we show that the traditional ranking between Bertrand and Cournot …
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consumption externalities, we show that an equilibrium price equals the marginal cost if and only if the buyer network is complete … or cyclic. When the externalities are approximately linear in the size of consumption, we identify the classes of …
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choice variable for the firms. The analysis of externalities usually disregards defensive or adaption measures, with a few …
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We adopt a stepwise approach to the analysis of a dynamic oligopoly game in which production makes use of a natural …
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