A cost-reducing innovation is available to Cournot duopolists through licensing. The firms are ex ante heterogeneous and adoption of the innovation impacts them differently. Is it possible for the ...
Wonder Land: If control of both the House and Senate returns to the Democratic left in 2024, Matt Gaetz and his seven Republican sidekicks will be remembered for a ...
Holman Jenkins, Jr.’s conclusion in “What Duopoly Economics Tells Us About Politics” seems to be that we should get used to our lack of good choices (Business World, Oct. 14). He dismisses innovations ...
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