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Market Power and Incentives to Form Research Consortia
It is well known that instability is a limit to the formation of cartels, and that some synergies are required to give cartel members an advantage over outsiders. In this paper, we exploreExpand
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Information Acquisition in Cournot Markets: An (enhanced) two- Stage Approach
This paper presents an alternative or enhanced approach to information acquisition in Cournot markets with stochastic demand in which the cost of information acquisition is endogenously determined byExpand
Welfare Improving Contracts in Cournot Markets
The question this paper addresses is whether a government can regulate a Cournot oligopolist market to give higher level of welfare without changing either the strategic variable (output quantity) orExpand
Information Acquisition in Cournot Games: A (Enhanced) two stage approach
This paper presents an alternative or enhanced approach to information acquisition in Cournot markets with stochastic demand in which the cost of information acquisition is endogenously determined byExpand
The Deadlist of Games: A Model of the Duel
Recent historical research indicates that ritualistic dueling had a rational basis. Basically, under certain social and economic conditions, individuals must fight in order to maintain their personalExpand
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