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Quantity-setting games with a dominant firm

✍ Scribed by Attila Tasnádi


Publisher
Springer Vienna
Year
2010
Tongue
English
Weight
222 KB
Volume
99
Category
Article
ISSN
1617-7134

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The model depicts a single market where firms select prices every new transaction date. The customers, who are input-purchasing firms, decide every new date how much to buy from each supplier. The optimisation decisions of customers are based on price information and are, in addition, influenced by