06-110/3 - Last-In First-Out Oligopoly Dynamics

  • Authors
    Jaap H. Abbring, Vrije Universiteit Amsterdam; Jeffrey R. Campbell, Federal Reserve Bank of Chicago, and NBER
  • Publication date
    December 19, 2006
  • Keywords
    Sunk costs; Demand uncertainty; Markov-Perfect equilibrium; LIFO
  • JEL
    L13
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