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Author:Dufwenberg, M.
Gneezy, U.
Title:Price competition and market concentration: an experimental study
Journal:International Journal of Industrial Organization
2000 : JAN, VOL. 18:1, p. 7-22
Index terms:Competition
Prices
Scientific methods
Freeterms:Bertrand model
Language:eng
Abstract:In this paper the authors report experimental results of markets in which participants compete in prices. In particular, they consider the effect of changing the number of competitors on market outcome.
SCIMA record nr: 202798
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