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Dynamic Price Competition, Learning-By-Doing and Strategic Buyers

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NBER2021-01-01 更新2025-01-04 收录
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We generalize recent models of dynamic price competition where sellers benefit from learning-by-doing by allowing for long-lived strategic buyers, with a single parameter capturing the extent to which each buyer internalizes future buyer surplus. Many of the equilibria that exist when buyers are

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2021-01-01
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