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This paper constructs a horizontally and vertically differentiated product model in a repeated, collusive pricing game. Based upon different profit-sharing rules, it examines the interacting effects of (vertical) quality distortion and cost difference on (horizontal) market competition. It shows...
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Geographical economics analyzes the endogenous determination of the location of economic activity in a general equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and negative pollution externalities associated with local...
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