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We prove existence and uniqueness of non-autarkic equilibria in bilateral oligopoly assuming only that preferences are binormal and satisfy a weakened version of gross substitutes. We permit complete heterogeneity of preferences and our analysis exploits the fact that payoffs depend only on own...
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Player i's payoff in a noncooperative game is generally expressed as a function of the vector of strategies of all players. However, in some games - 'simply reducible games' - the payoff of player i is a function of two arguments - the strategy chosen by i, and the sum of the strategies of all...
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