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Localized competition Cost heterogeneity 1
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Alderighi, Marco 1 Piga, Claudio A. 1
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Economics Letters 1
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On cost restrictions in spatial competition models with heterogeneous firms
Alderighi, Marco; Piga, Claudio A. - In: Economics Letters 108 (2010) 1, pp. 40-42
This paper investigates the properties of two types of cost restrictions that guarantee the existence of an equilibrium in pure strategies in Bayesian spatial competition models with heterogeneous firms.
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