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01-115/1 - Two Firms is enough for Competition, but Three or More is better


  • Authors
    Maarten C.W. Janssen, Erasmus University Rotterdam; Jose Luis Moraga, Groningen University
  • Publication date
    November 22, 2001
  • Keywords
    consumer search; expected price; fixed-sample-size search; oligopoly; price dispersion
  • JEL
    D40; D83; L13