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Hyderabad were examined using monthly wholesale prices from January 2011 to December 2018. Market middlemen response to price … shocks was examined through the framework of momentum threshold autoregressive model and a regime-switch asymmetric threshold … threshold co-integration and asymmetric response adjustment path both in the short and long run. The study results indicated …
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We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching costs. Consumers form installed bases, repeatedly buy the products, and differ with respect to their switching costs. Depending on the ratio of switching costs to network...
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