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Biconcavity is a simple condition on inverse demand that corresponds to the ordinary concept of concavity after simultaneous parameterized transformations of price and quantity. The notion is employed here in the framework of the homogeneous-good Cournot model with potentially heterogeneous...
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optimal tournament for quadratic costs and CARA utility, as well as an extension to large tournaments. …
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optimal tournament for quadratic costs and CARA utility, as well as an extension to large tournaments. …
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