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Locality and non-contextuality are intuitively appealing features of classical physics, which are contradicted by quantum mechanics. The goal of the classic no-go theorems by Bell, Kochen-Specker, et al. is to show that non-locality and contextuality are necessary features of any theory whose predictions agree with those of quantum mechanics. We use the(More)
  • BARRY NALEBUFF, Kyle Bagwell, +6 authors Michael Rior
  • 2004
In this paper we look at the case for bundling in an oligopolistic environment. We show that bundling is a particularly effective entry-deterrent strategy. A company that has market power in two goods, A and B, can, by bundling them together, make it harder for a rival with only one of these goods to enter the market. Bundling allows an incumbent to(More)
and Yale gave valuable comments. An associate editor and two referees made very helpful observations and suggestions. Abstract Correlations arise naturally in non-cooperative games, e.g., in the equivalence between undominated and optimal strategies in games with more than two players. But the non-cooperative assumption is that players do not coordinate(More)
1 Some of the results here were presented in two working papers, titled " When Does Common Assumption of Rationality Yield a Nash Equilibrium? " (July 2001) and " Common Assumption of Rationality in Games " (January 2002). We owe much to joint work with H. Jerome Keisler. We are also indebted to Abstract Best-response sets (Pearce [29, 1984]) characterize(More)