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We study the effect of voting when insiders ́public goods provision may affect passive outsiders. Without voting insiders ́contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...
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general model of a heterogeneous oligopoly where the firms decide on their optimal range of information exchange in the first …Information exchange between firms not necessarily pursues collusion purposes. It is shown that with demand uncertainty … even competitively behaving firms reveal private information concerning their demand conditions. This is derived in a …
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oligopoly experiments with public goods experiments. … at the theoretical and at the experimental levels. The paper contrasts oligopoly theory with public goods theory, and …
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