How Efficient is Dynamic Competition? The Case of Price as Investment
收藏NBER2017-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23829
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资源简介：
We study industries where the price that a firm sets serves as an investment into lower cost or higher demand. We assess the welfare implications of the ensuing competition for the market using analytical and numerical approaches to compare the equilibria of a learning-by-doing model to the first
提供机构：
美国国家经济研究局
创建时间：
2017-09-01
