Strategic Reneging and Market Power in Sequential Markets.
This article investigates the incentives for firms with market power to manipulate markets by strategically reneging on forward commitments. We first study the behavior of a dominant firm in a two‐period model with demand uncertainty. We then use the model's predictions and a machine learning approa...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 56; no. 1; pp. 3 - 35 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Spring2025
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |