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Multimarket Oligopoly.

Abstract:

Actions a firm takes in one market may affect its profitability in other markets, beyond any joint economies or diseconomies in production. The reason is that an action in one market, by changing marginal costs in a second market, may change competitors' strategies in that second market. We show how to calculate the strategic consequences in market 2, of a change in conditions in market 1 or of a firm's action in market 1. Qualitatively, the same results hold for both simultaneous markets and...

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Publisher:
Cowles Foundation
Volume:
674
Series:
Cowles Foundation Discussion Papers
Host title:
Cowles Foundation Discussion Papers
Place of publication:
Yale University
Publication date:
1983-01-01
Paper number:
674
Language:
English
UUID:
uuid:656891cf-2afe-4bf3-8ca2-6d9081af0ad0
Local pid:
oai:economics.ouls.ox.ac.uk:11829
Deposit date:
2011-08-16

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