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the manoptimal stable mechanism in infinite markets and an infinite-market version of Nguyen and Vohra's existence result … existence of Walrasian equilibria extends to in_nite markets. In a dynamic matching setting, we prove that Pereyra's existence … result for dynamic two-sided matching markets extends to a doubly infinite time horizon. Finally, beyond existence and …
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equity markets, and largely subsumes the predictive ability of a broad set of firm characteristics previously shown to be …
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It has been suggested that mergers, by increasing concentration, raise incentives to invest and hence are pro-competitive. To study the effects of mergers, we rewrite a game with simultaneous price and cost-reducing investment choices as one where firms only choose prices, and make use of...
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The paper studies competition for the market in a setting where incumbents (and, to a lesser extent, neighboring …
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