Three Essays on Industrial Organization

Three Essays on Industrial Organization

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The third chapter concentrates on the trade policies for an oligopoly market. Subsidy policy converges to direct quantity control. The government reallocates any subsidy for infrastructure to maximize the discounted social benefit for infinite horizon. In this process, the market uncertainty is reduced, and subsidy also converges to direct quantity control.Different from other sports such as soccer, basketball, and football, an owner can not observe under what spirit a hitter plays. An owner actually ... expected total base and the uncertainty, a a#39;sacrificing bunta#39; can be exemplified. In the lateanbsp;...

Title:Three Essays on Industrial Organization
Author: Yang Seung Lee
Publisher:ProQuest - 2008

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