While these companies are still technically considered competitors within their particular market, they also tend to cooperate or coordinate with each other to benefit the group as a whole. For example, instead of competing to attract customers by lowering prices or offering better contracts, they ma...
Oligopolies in national markets (Diageo, Kenya; Heineken, Nigeria) make it difficult to consolidate. Do African brewers have beer goggles? Models with product differentiations can be considered special cases of multiproduct oligopolies, which were first formulated by Selten [10] for quantity strategies...
Every combination with the same characteristics sold at a higher price within an operator�s portfolio of products is considered dominated. When we computed the share of dominated mobile plans at the industry level, we observed that its evolution over time was closely following the price index. ...
In contrast to Amazon, the way railroads used their power would later be considered "consumer harm." This led to a strong populist response from aggrieved economic interests such as the Granger movement. Further response from politicians, influenced by these interests, resulted in heavy government ...
Even though stadiums aren’t exactly considered as public goods; these structures have increasingly become publicly funded projects. This occurs usually as incentive for sports franchises to keep their team in a specific metropolitan area. However there are some evidence of how publicly funded ...
If the delay is due to contractual or institutional circumstances, then fixed delays are considered. If the delays are uncertain due to the large number of firms, or the firms want to react to an average of past information rather than to sudden market changes, then continuously distributed ...