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<Para ID="Par1">We develop revealed preference tests for models of multi-product oligopoly, building on the work in Carvajal et al. (Econometrica 81(6):2351–2379, <CitationRef CitationID="CR8">2013</CitationRef>). We analyze a Cournot model with multiple goods and show that it has testable restrictions when at least one good is produced by two or more...</citationref></para>
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In simple models of borrowing and lending with ex-post asymmetric information, Gale and Hellwig (1985) and Williamson (1986) have shown that optimal debt contracts are simple debt contracts where borrowers repay a fixed interest rate whenever possible and lenders seize all the profit when...
Persistent link: https://www.econbiz.de/10005155337