Efficient Competition With Small Numbers -- With Applications to Privatisation and Mergers
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This paper studies competition between a small number of suppliers and a single buyer (or an auction with a small number of bidders and a single seller), when total demand (supply) is uncertain. It is well known that when a small number of suppliers compete in supply functions the service is not
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美国国家经济研究局创建时间：
1999-02-01
