Cournot Competition, Informational Feedback, and Real Efficiency
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下载链接：
https://www.nber.org/papers/w32944
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资源简介：
We revisit the relationship between firm competition and real efficiency in a novel setting with informational feedback from financial markets. Although intensified competition can decrease market concentration in production, it reduces the value of proprietary information (e.g., market prospects)
提供机构：
美国国家经济研究局
创建时间：
2024-09-01
