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Sunk Costs and Real Options in Antitrust

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NBER2005-06-01 更新2025-01-04 收录
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Sunk costs play a central role in antitrust economics, but are often misunderstood and mismeasured. I will try to clarify some of the conceptual and empirical issues related to sunk costs, and explain their implications for antitrust analysis. I will be particularly concerned with the role of

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2005-06-01
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