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theory, in which strategic behaviour is the result of asymmetric information between the principal and agent. This paper …
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There are many situations in which a customer's proclivity to buy the product of any firm depends not only on the classical attributes of the product such as its price and quality, but also on who else is buying the same product. We model these situations as games in which firms compete for...
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by the theory, even though the theory rests upon premises that are, in general, false. Such theories are called "self …-based view"--a prescriptive theory of horizontal differentiation that is widely respected by both business practitioners and …
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In this paper, we take a first step toward exploring empirically the product assortment strategies of oligopolistic firms. Our starting point is a discrete-choice demand model for differentiated products. We incorporate the demand model into an equilibrium supply model, in which firms compete by...
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