We combine two extensions of the differentiated duopoly model of Dixit (1979), namely Caminal and Vives (1996) and … Brander and Spencer (2015a,b), to analyze the effect of consumer learning on firms' incentives to differentiate their products … more likely to invest in differentiation with consumer learning than without. This is in line with implications of the …

We study firms' incentives to acquire private information on cost in a duopoly signaling game. Firms first choose how …

not self-learning algorithms can learn to collude instead of compete against each other, without violating existing …-approximation and mathematically prove that, if implemented independently by two price-setting firms in a duopoly, prices will converge …