๐”– Bobbio Scriptorium
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Collusion in Oligopoly: An Experiment on the Effect of Numbers and Information

โœ Scribed by F. T. Dolbear,, L. B. Lave, G. Bowman, A. Lieberman, E. Prescott, F. Rueter and R. Sherman


Book ID
124304850
Publisher
MIT Press
Year
1968
Tongue
English
Weight
479 KB
Volume
82
Category
Article
ISSN
0033-5533

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For a fixed number of customers in an insurance market, changing the number of insurance firms creates both scale effects on the individual firms (as the number of customers per firm is altered), and an oligopolistic effect on market supply. The most prominent effect of scale is the impact on solven